Dan Primack Jul 24
Michael Flynn returns to private equity consulting
Donald Trump's former National Security Advisor Michael Flynn has returned to the business of consulting private equity firms, having formed a new shop called Resilient Patriot, per an AP interview with Flynn's brother.
- Prior to his short-lived role in the Trump Administration, Flynn consulted for private equity firm Francisco Partners – owner of Procera Networks, which was controversial for its work with the Turkish government.
- Flynn also was a paid advisor for Francisco portfolio company NSO Group, an Israeli cybersecurity company whose software was used by the Mexican government to spy on journalists and anti-corruption advocates. This past weekend there was an Israeli media report that The Blackstone Group is in talks to buy a 40% stake in NSO, while ClearSky would purchase another 10%.
- No word yet on Flynn's current clients. Spokespeople for both Blackstone and Francisco say he is not currently consulting for them.