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Kroll history
Kroll company history timeline
1972: Kroll takes on its first case of white collar crime.
Kroll was founded in 1972 by Jules Kroll as a consultancy servicing corporate purchasing departments.
Kroll was definitely on a roll when the firm was hired by the Foreign Affairs Committee of the United States House of Representatives in 1985 to confirm reports Philippines President Ferdinand Marcos and his shoe-crazed wife Imelda had embezzled upwards of $200 million.
1985: Ferdinand and Imelda Marcos of the Philippines are investigated by Kroll.
Ontrack began its journey in 1985 in the software industry.
1986: Kroll tracks down millions stolen by Haiti's Jean-Claude "Baby Doc" Duvalier.
The software’s success led the company into the business of recovering data from damaged hard disk drives, resulting in the formation of Ontrack Data Recovery in 1987.
Coming under Kroll's scrutiny in 1990, charges were corroborated against Covenant's founder Father Bruce Ritter, who had been removed from his duties.
1990: Kroll is hired to track down oil profits skimmed by Saddam Hussein.
It was not the first time either--he had had similar thoughts back in 1991 about a merger with Nashville's Business Risk International, then changed his mind.
Change and Rampant Growth: 1995-99
In 1997, Kroll merged with vehicle armoring company O'Gara-Hess & Eisenhardt to form Kroll-O'Gara.
1998: Kroll-O'Gara goes on a buying spree; acquisitions include Lindquist Avey, Corplex, and Laboratory Specialists of America.
In 1999 came two more purchases, the United Kingdom's Buchler Phillips Group in April and the Nashville-based Background America, Inc. in June.
Revenues, however, had risen to $305.2 million for 1999, up nearly $45 million from the previous year.
Year-end sales figures for 2000 rose slightly to $310.6 million for the merged companies, but soon the inevitable came to pass.
2000: The Blackstone deal falls apart as acrimony builds between Kroll and O'Gara.
The company became public and was listed on the NASDAQ as "KROG". In August 2001, the O’Gara vehicle armoring businesses were sold to Armor Holdings, and the company's name was changed to Kroll Inc. and its ticker symbol to "KROL".
Kroll was credited with the Port Authority's ability to evacuate the majority of the towers' workers after the first plane hit on September 11, 2001, and before the buildings collapsed.
But first came a shock: the terrorist attacks of September 11, 2001.
In 2002, Kroll acquired restructuring firm Zolfo Cooper for $153 million.
Marsh & McLennan (MMC) acquires Kroll in Q2 2004.
In August 2010, Kroll was acquired by Altegrity, Inc. in an all-cash transaction valued at $1.13 billion.
Altegrity declared bankruptcy in 2015, and Kroll was later bought by Corporate Risk Holdings, LLC.
On October 21, 2016, Carlyle Group-owned LDiscovery purchased Kroll Ontrack for around $410 million and operated it as a separate company.
On June 4, 2018, Duff & Phelps purchased Kroll Inc.
In 2018, Kroll acquired cybersecurity firm Tiversa.
In February 2021, Duff & Phelps announced plans to unify the companies under the Kroll brand.
On March 25, 2021, Kroll announced that it had acquired Redscan, a UK based cyber security company.
© 2022 KLDiscovery Ontrack, LLC - All Rights Reserved.
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Kroll competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Protiviti | 2002 | $1.3B | 5,000 | 184 |
| Oliver Wyman | 1984 | $2.5B | 5,000 | 2 |
| CARCO | 1977 | $34.3M | 200 | - |
| MSM Security Services | - | $1.7M | 125 | - |
| Keypoint Government Solutions | 2000 | $42.0M | 500 | - |
| Carbon Energy | 2003 | $8.5M | 60 | - |
| Lincoln Electric System | 1966 | $1.3B | 200 | - |
| San Jose Water Company | 1866 | $748.4M | 385 | - |
| NorthWestern Energy | 1923 | $1.5B | 1,600 | 31 |
Kroll history FAQs
Zippia gives an in-depth look into the details of Kroll, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Kroll. The employee data is based on information from people who have self-reported their past or current employments at Kroll. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Kroll. The data presented on this page does not represent the view of Kroll and its employees or that of Zippia.
Kroll may also be known as or be related to Kroll, Kroll Advisory Solutions, Kroll Associates, Inc., Kroll Inc and Kroll, Inc.