Ran Farmer is a Senior Managing Director at Ankura based in Washington, DC. Since joining the firm in 2011, he has been involved in numerous class action, multidistrict litigation proceedings, and commercial litigation cases, and in the negotiation and administration of major settlements. These cases have included settlements of class disputes involving alleged wrongful billing in the telecom and wireless industry, passenger redress compensation in the airline industry, the NFL concussion settlement case, and global banking and financial transaction settlements, among others. Ran has expertise in mobile internet, payment transaction processing, and the banking sector.
Prior to joining Ankura, Ran was an investor and managing director of Netbiscuits, a German company with the leading cloud-based software platform for mobile internet application development and delivery. Ran established the company’s US operations, leading its expansion in the media and entertainment, publishing, e-commerce, travel, retail, advertising, and enterprise sectors. Ran grew the US business to more than 50 percent of worldwide revenue, playing a key role in helping the company successfully raise over $40 million in private equity funding.
Ran previously founded and managed technology companies involved in satellite data communications and electronic payment transaction processing. He established a satellite data communications company in the Czech Republic, which was sold to GE Spacenet. He later founded a company that provided payment transaction processing services and electronic prepaid mobile phone payments in the Baltic countries. Ran successfully raised $2 million in venture capital funding, and the company was later acquired by private investors.
From 1994 to 1998, Ran was a partner at Deloitte & Touche in the Management Consulting and Finance Practice for Central Europe. He was responsible for banking privatization and restructuring as well as financial and market due diligence for international investment transactions throughout Central Europe.
He was the financial advisor on sale transactions for the first three internet service providers) sold in Central Europe, including Czech On Line.
From 1990 to 1994, Ran served as country manager for KPMG Peat Marwick in Central Europe. He established the company’s offices in the Czech Republic and in Slovakia where he developed the banking and privatization and restructuring practices. Prior to his international assignments, Ran was a senior manager with KPMG Peat Marwick, where he led numerous engagements involving economic, financial, and market analysis.
Ran began his career as a business strategy and financial consultant at Booz, Allen & Hamilton.
Ran received a dual MS in industrial administration and policy analysis (MSIA/MPA) from Carnegie-Mellon University and a BS in economics from The Pennsylvania State University.