Hello, and welcome to another weekly round-up of consulting M&A news. It’s been a pretty busy week in the world of consulting M&A. Major consultancies such as the likes of Accenture have made some very good purchases. We’ll be looking at that and much more. So, without further ado, let’s get on with it!
#1. Offshore restructuring specialist Kalo joins Interpath Advisory
Interpath Advisory, a restructuring and consulting organization, has finalized its acquisition of Kalo. The insolvency and advisory firm has offices in the British Virgin Islands, the Cayman Islands, and Anguilla — crucial places for restructuring firms’ expansion in recent months.
Since its founding more than 20 years ago, Kalo has specialized in asset recovery, stakeholder conflicts, restructuring, insolvency, and insolvency investigations. It has participated in a number of significant offshore and international restructurings throughout that time.
With the acquisition, Kalo’s CEO, Gordon MacRae, and its managing directors, Charlotte Caulfield, Elizabeth Mackay, and Paul Pretlove, along with its team of more than 30 experienced professionals spread across two offices, will join Interpath to expand its international advisory services and make them stronger.
#2. Accenture purchases IT consultancy Solvera Solutions
Accenture has successfully purchased Solvera, a technology consulting company based in Regina.
Solvera, which was founded in 2005, offers digital strategy, project management, enterprise architecture, application development, and application managed services. ServiceNow Elite Partner, Microsoft Gold Partner in application development, application integration, DevOps, and data analytics, and SAP Silver Partner is among the company’s affiliations.
Accenture’s acquisition of Solvera Solutions will expand its capabilities in ServiceNow, Microsoft Modern Workplace, Microsoft Power Platform, and SAP S/4HANA.
#3. Expleo expands advisory offerings with addition of UMS Consulting
Expleo, a global technology and consulting firm worth €1 billion has improved its advisory services by buying UMS Consulting, a German company that has 60 employees.
UMS Consulting, founded in 1984, has a track record of delivering thousands of projects in Germany and worldwide, focusing on strategy execution, leadership, process optimization, innovation, and digitization. The company based in Frankfurt specializes in lean and agile transitions.
Expleo’s acquisition of UMS Consulting will further strengthen the firm’s consulting offer. Besides, it will help in the company’s overall growth and provide greater value to its customers worldwide.
#4. Accenture grows Industry X practice with the acquisition of Eclipse Automation
Accenture has improved its Industry X practice by buying Eclipse Automation, a Cambridge, Ontario-based company that offers solutions for manufacturing automation and robotics.
Eclipse, a company founded in 2001, collaborates with health sciences, industrial equipment, automotive, energy, and consumer goods firms to design, construct, and integrate automation solutions for the manufacturing of items such as automobile parts and medical devices.
The acquisition of Eclipse by Accenture will now allow the consultancy to deliver automated production lines that leverage cloud, data, and AI technologies.
Closing Thoughts
That’s all we’ve got for you this week. If we’ve missed out on any deals that took place this week, please write to us and let us know about it. Moreover, do tune in and check back again next week when we’ll be back with another weekly round-up of M&A news from the world of consulting. We’ll see you all next week.
