Consulting M&A Weekly Round-up (16th to 22nd April, 2023)

by Laurent Thomas | Apr 24, 2023 | 0 comments

Hey, consulting fanatics, hope you all had a fantastic week! You know we’ve always got the inside scoop on the latest M&A news in the game, and today is no exception.

While it may have been a relatively quiet week, we’ve still got some juicy updates for you. I’m talking about exciting deals like BearingPoint’s recent acquisition and a few others that are sure to make your head spin.

So buckle up and join us as we dive deep into the world of consulting mergers and acquisitions of the week gone by!

#1. BearingPoint purchases securitization business of TXS

BearingPoint has strengthened its Products section with the acquisition of the securitization business from TXS, a German firm specializing in refinancing solutions.

TXS’ entire securitization business, including team members, clients, and two products (Funding Management and ABSnext), will be transferred to BearingPoint as part of the purchase.

This deal is part of BearingPoint’s strategy to strengthen its Products division, which provides solutions for essential business processes. BearingPoint’s portfolio presently consists of over 20 distinct solutions, with the acquired business extending its line of financing-focused offerings.

#2. Palladium Digital acquires M&A consultancy onefourzero

Palladium Digital, a corporate advice firm, has purchased M&A consultancy onefourzero. The move will allow both companies to engage with new clients while also providing additional services to their existing ones.

Similar to Palladium Digital, onefourzero is also based in London and formed in the year 2015. The company assists private equity funds, portfolio companies, and independent brands in identifying opportunities at all stages of the investment lifecycle.

Palladium extends into the commercial arena with the addition of onefourzero, adding operational units in New York and Boston to complement Palladium’s existing footprint in the UAE – with further growth planned for central Europe and Singapore in early next year.

#3. Australian consultancy Elabor8 joins global player Cprime

Cprime, a US-based multinational agile and technology consulting firm, has acquired local player Elabor8, adding 140 employees in a merger that would increase both parties’ position in Asia Pacific.

Elabor8 was established in the market with six consecutive placements on the Australian Financial Review’s Fast 100 list of the nation’s fastest-growing start-ups after being founded by Velonis in Melbourne with founders Nam Huynh and Andrew Blain in 2009.

The company has expanded since its founding to now have international locations in the UK, Asia, and New Zealand in addition to additional Australian offices in Sydney, Brisbane, and Canberra.

Speaking about the deal, one of the officials at Cprime claimed that with Elabor8 on board, it will help provide their clients with cutting-edge solutions that safeguard their competitive edge in the market.

Closing Thoughts

Well folks, it looks like we’ve hit the end of the road for this week’s consulting M&A news. Don’t worry, though – we’ll be back before you know it with more juicy mergers and acquisitions to sink your teeth into.

And if for some reason we missed a deal or two (hey, we’re only human), please don’t hesitate to drop us a line and give us the scoop. We love hearing from our readers, we always do.

Until then, keep your eyes peeled and your consulting hats on tight, because you never know what the world of M&A has in store for us. Stay sharp, stay savvy, and farewell for now!