Welcome back to another weekly round-up of consulting M&A news. This week we’ve got some big names making some big purchases. EY, Mercer, and BearingPoint have been amongst the big companies having big purchases. So, lets take a look at all the deals of the week gone by.
#1. EY expands Microsoft practice with Tallan acquisition
EY US has acquired Hartford, Connecticut-based IT consulting firm Tallan, which specializes in Microsoft Azure solutions.
Tallan, which founded in 1985, develops Microsoft-powered solutions for clients in the manufacturing, consumer packaged goods, pharmaceutical, healthcare, and local government industries. Application modernization, e-commerce and web development, user experience, mobile platforms, cloud services, and AI and machine learning are among the company’s services.
EY’s acquisition of Tallan will enhance the existing capabilities of its Microsoft services group and expand the range of solutions available.
#2. BearingPoint hires sustainability strategy team Korkia in Finland
BearingPoint has strengthened its sustainability capabilities in the Nordics by acquiring a team from Helsinki-based investment and advisory firm Korkia.
Korkia is a private equity investment firm founded in 2006 that specializes in companies that drive sustainability in three main verticals: energy, natural resources, and transport & mobility. Korkia has earned the reputation of “Finland’s sunniest asset manager” due to its solar energy investments. In Europe and Latin America, the company has helped finance and construct over thirty renewable energy power plants in the past five years.
Korkia has a strong and proven expertise in helping clients in sustainability topics and hence, this acquisition will add BearingPoint in this regard.
#3. Spinnaker SCA buys supply chain IT consultancy Accelogix
Spinnaker SCA, a Boulder, Colorado-based supply chain consulting firm, has purchased Accelogix, a Cary, North Carolina-based consultancy specializing in supply chain execution systems.
Accelogix, which was established in 2012, provides consultancy, installation, and development services for software-based warehouse automation solutions. The organization has extensive knowledge of warehouse management, automation, labor management strategy, system integration, and support for Blue Yonder and LogistiVIEW products.
The acquisition of Accelogix by Spinnaker SCA will boost its supply chain execution practice.
#4. Trinity Hunt Partners invests in MarksNelson’s advisory business
Trinity Hunt Partners, a mid-market private equity firm based in Dallas, has invested in the advising division of MarksNelson, an accounting and consulting firm based in Kansas City.
MarksNelson, which as formed in 1968, offers services in analytics and automation, economic development, enterprise resource solutions, financial due diligence, incentives, litigation, site strategies, succession planning, tax, technology, and valuation.
Trinity Hunt’s investment in MarksNelson Advisory represents the platform’s first investment. The private equity company will support the growth of the platform through acquisitions, the extension of service capabilities, the acceleration of organic growth, and the investment in talent and technology.
#5. Mercer purchases digital HR consulting firm Leapgen
Asset management and human resources consulting firm Mercer has acquired digital HR consulting firm Leapgen, based in Minneapolis.
Leapgen, which was founded in 2017, offers consulting and on-demand talent for digital HR and people strategy, HR/workforce solutions deployment, and HR/workforce value attainment.
The acquisition of Leapgen by Mercer will strengthen its workforce and HR transformation solutions practice by adding HR strategy capabilities.
Closing Thoughts
And that’s it for this week! We shall be back again next week for another round-up of consulting M&A news. In the meantime, if we missed out on any deals, then please write to us and let us know. See you all next week. Bye for now!
