Argon & Co, the global management consultancy specialising in operations strategy and transformation, is delighted to announce that Caliba Group has become Argon & Co.
Lösch & Partner is headquartered in Munich. Since its creation in 1984, Lösch & Partner has built-up deep expertise on industry leading tools and processes for application lifecycle management and systems engineering in the automotive industry, establishing it as one of the most experienced and specialist boutique providers in Germany. Capgemini and Lösch & Partner share a number of common clients in the automotive space.
The EY organization today announces the appointment of Yew-Poh Mak as EY Asia-Pacific Deputy Area Managing Partner, succeeding Harsha Basnayake as he assumes the EY Global Managing Partner – Business Administration & Risk role. In addition, Shannon Cotter has been appointed EY Asia-Pacific Strategy and Transactions (SaT) Leader, succeeding Yew-Poh Mak. Both appointments are effective 1 July 2024.
Accenture has entered into an agreement to acquire Logic, a retail technology services firm that works with retailers to drive customer loyalty, boost revenue and increase agility through the use of technology. With strong capabilities in merchandising, stores, digital, analytics and cloud, the acquisition of Logic will further enhance Accenture’s ability to drive technology transformations for retail clients globally.
Sydney-based SAP specialist FAIR Consulting has picked up fellow specialist Brightwater Technology, and recruited former SAP veteran Pete Andrew as its new A/NZ managing director.
Headquartered in Verwood, Spire is a UK trade-only distributor of computer components and peripherals Dorset, and has supplied laptops, tablets, computers, PC components and peripherals to the IT industry for more than 30 years. From its office in Verwood, the business offers over 2,500 products, with more than 60 employees – and generating an annual turnover in excess of £100 million.
Bain & Company now successfully running all its core financials in 40 countries on SAP S/4HANA Cloud Public Edition.
Oxford Global Resources, an IT and life sciences staffing provider based in Beverly, Massachusetts, acquired Linksap Europe, a provider of SAP software ecosystem consultants.
MethodHub Consulting, the US-based subsidiary of Indian IT consulting firm MethodHub, has acquired a majority stake in Zortech, a Mississauga-based IT consulting firm.
ASX-listed Atturra has announced its has exchanged a share sale agreement (SSA) to acquire Brisbane-headquartered IT consultancy Exent through its subsidiary Atturra Advisory.
Exent offers services covering strategy to implementation business transformation advisory in vendor neutral, client-side technology, people and business processes.
Atturra said the acquisition will help the firm extend its advisory and consulting capabilities outside of Canberra and the defence sector and expand the practice nationally.
Upfront consideration for Exent is $6 million in cash, with earn-out/post-completion consideration of up to $2 million in cash, subject to Exent achieving first half financial year 2025 (FY25) performance hurdles.
The Exent purchase price, including upfront and deferred consideration, is based on a multiple of 6.5 times forecast of the earnings before interest, taxes, depreciation, and amortisation (EBITDA) contribution to Atturra in FY25.
The price will exclude integration costs which are forecast to be less than $400,000.
The transaction is expected to complete on or around 31 July 2024, subject to the satisfaction of conditions precedent in the SSA.
“There is an increase in businesses looking for a trusted advisor with the capability to help scope extensive technology change programs and then advise on this complex transformational activity. Atturra has worked with the Exent team through its local government and education clients and is aware of its highly regarded reputation in advisory. They also have a specialisation in aged care and a growing capability in health," said CEO of Atturra, Stephen Kowal.
"As part of our growth strategy, we have been seeking the right opportunity to harness our strength, expertise and reputation in Canberra and defence to expand our advisory business into the commercial sector. The acquisition of Exent with its complementary expertise gives us the perfect entry point. There is a strong cultural alignment between the two companies, and we look forward to welcoming Phil Fowdar and the Exent team to Atturra.”
Founder of Exent Joe Fazzari said: “From inception, Exent has been on a mission to challenge and innovate the consulting space. On the back of great client outcomes and a superb team, we have delivered on our goals. Ranking as Australia's thirty-third fastest growing firm last year, we were looking carefully at our next stage of growth. A strategic acquisition made perfect sense, and Atturra was the perfect partner."
"Exent's capabilities in business transformation, complex technology advisory and implementation, process re-engineering and people change are perfect complements to Atturra's scale and depth in technology. Atturra is an excellent fit on capability, culture, and mission. With this acquisition, we aim to accelerate Atturra's drive to become Australia's leading technology services firm.”
Managing partner of Exent,Phil Fowdar said: “the leadership team at Exent is excited about this acquisition, which expands our capabilities and service offering to clients, and provides tremendous career opportunities to our team.
"Our depth in complex technology-enabled transformation and commitment to outcomes will be greatly enhanced by the resources and reputation of Atturra. We see enormous potential to bring our advisory capability to the breadth of Atturra's technology capabilities. With Atturra, we have a strong shared vision, backed by the scale and depth in business and technology transformation, to create a leading full-service firm with a difference.”
Sourced from CRN news
Global strategy firm Bain & Company has named Jean-Charles van den Branden as the new Global Leader of its Sustainability practice.
The metaverse could bring a significant boost to the EU economy, according to a new report released today from LSE Consulting, based at the London School of Economics and Political Science (LSE).
Boston Consulting Group (BCG), a major MBA employer, revealed it is set to grow by 2,000 employees this year, defying current industry trends which have seen major consulting firms cut jobs.
Boston Consulting Group (BCG), a major MBA employer, revealed it is set to grow by 2,000 employees this year, defying current industry trends which have seen major consulting firms cut jobs.
Accenture and Proximus have teamed up to reinvent the Belgian telco and media company’s customer, employee, and ecosystem experiences for its on-demand and streaming entertainment service, Pickx.
South Wales’ top 200 privately-owned businesses are going from strength to strength despite recent economic challenges. A new study from Grant Thornton suggests the firms have increased overall turnover by 19% to reach £11 billion.
Joe Brown has joined West Monroe, a management and technology consultancy, as a senior partner in its technology and experience practice.
Bain & Company announced it has appointed Jean-Charles van den Branden as its Global Sustainability Practice Leader.
EY has appointed Mustapha Abdellati as leader of its CFO Advisory Services practice in the Netherlands. He co-leads the practice with René Carrillo, who has been overseeing the unit’s portfolio for the financial sector for several years.
Bain & Company has appointed Vikram Kapur, a 23-year veteran of the firm, to lead its global Healthcare & Life Sciences practice. Vikram most recently served as the head of the firm’s Healthcare & Life Sciences practice in the APAC region.