Consulting Sector M&A Deals for week beginning 28th July

businessman doing handstand on the beachDistributed Information Technologies, Inc. (USA) signed a definitive agreement to acquire Clango Group, Inc. (USA)
Deal Size: Unspecified Industry: IT consulting Date: July 2014

Distributed Information Technologies, Inc. (DIT), a leading provider of IT consulting services and software solutions, announced that it has signed a definitive agreement to acquire Clango Group, Inc. The acquisition enhances DIT’s commitment to information security by expanding the company’s capabilities into the areas of identity and access management (IAM) advisory services, access governance, and risk management. “Information security is not only front-page news; it’s a top area of concern of many of the nation’s leading CEOs,” said Duane Graham, Founder and Chief Executive Officer, DIT. “IAM as a discipline ensures that only authorized personnel have access to an organisation’s sensitive data. As workforces continue to become globally dispersed and data privacy legislation aggressively evolves, it will be critical for organisations to have effective IAM programs in place to adaptively protect information within an ever-changing threat landscape. Additionally, the proliferation of federal and international data privacy legislation has created an environment that relies heavily on an effective IAM program. Clango Group delivers cutting-edge IAM strategy expertise and market research capabilities that are highly complementary to DIT’s existing application security services portfolio.” Based in Minneapolis, MN, Clango Group provides advisory services focused on the thoughtful evolution of identity management, IT access governance, and trust brokerage services. Kamille White, President and Founder of Clango Group, Inc., said of her company’s acquisition by DIT, “I am excited about the opportunities this partnership provides in expanding our delivery of comprehensive IAM Advisory Services nationwide. The need for effective IAM strategy is significant, and we can help our client partners every step of the way. The combined capabilities of these organisations will provide a powerful suite of security solutions to a broad set of clients.”

AECOM Technology Corporation (USA) acquired Hunt Construction Group, Inc. (USA)
Deal Size: Unspecified Industry: Engineering consulting Date: July 2014

AECOM, the world’s #1-ranked engineering design firm, announced that it has acquired Hunt Construction Group, significantly adding to AECOM’s construction services business. “The addition of Hunt’s people and resources immediately makes AECOM one of the largest U.S. builders,” said Michael S. Burke, AECOM president and chief executive officer. “This important expansion of our build expertise reflects the continued advancement of our strategy to create an integrated delivery platform with superior capabilities to design, build, finance and operate infrastructure assets globally.” “Becoming part of AECOM provides expanded growth opportunities for our business and our people, as we are now better positioned to continue working on the largest and most challenging projects,” said Hunt Construction Group Chief Executive Mike Fratianni, who will retain his position with the operation, as will current Chairman Emeritus Robert Hunt. Hunt Construction Group, Inc. provides construction management, general contracting, design-build, preconstruction consulting, program management, and consulting services in the United States. AECOM Technology Corporation, together with its subsidiaries, provides professional technical and management support services for public and private clients in worldwide.

ARCADIS NV (Netherlands) made an offer to acquire Hyder Consulting PLC (UK)
Deal Size: Unspecified Industry: Engineering consulting Date: July 2014

Hyder Consulting PLC saw its shares surge Thursday after it reached an agreement to be acquired by Arcadis UK Investments BV, a wholly-owned subsidiary of Arcadis NV, at a 39% premium. AUK Investments will fund the deal via a new acquisition financing facility provided by HSBC, ING Bank NV and BNP Paribas Fortis SA/NV. News of the acquisition came as Hyder, a design and engineering consultancy, said trading in the first quarter was in line with expectations. The firm said it had increased its order book in Australia and said its order book remains strong in the Middle East. In the UK, the firm said results were ahead of the year before and expectations, with a particularly strong performance for its rail unit. It added its performance in Germany was improving and it was reducing losses from the business. Hyder Consulting PLC, a design and engineering consultancy company, provides infrastructure, property, and environmental solutions. Arcadis N.V. provides consultancy, design, engineering, and management services for infrastructure, water, environment, and buildings worldwide.

WeiserMazars LLP, Investment Arm (USA) acquired pmpm® Consulting Group Inc. (USA)
Deal Size: Unspecified Industry: Healthcare consulting Date: July 2014

WeiserMazars LLP, a leading accounting, tax and advisory services firm, announced the acquisition of pmpm™ Consulting Group Inc., a national health care consulting firm specialising in providing managed care services including network development, contracting, credentialing, regulatory monitoring, oversight and compliance audits to payers and providers. The acquisition significantly expands WeiserMazars’ Health Care Practice with Russell Foster, founder of pmpm™, and Sheila Stephens joining the group as Principals, along with a team of six professionals. WeiserMazars Chief Executive Officer, Douglas A. Phillips, said: “As the health care sector undergoes a complete structural transformation, we are taking action to deliver effective service to clients. Our Health Care Practice is an essential component of the future vision of the Firm and we plan to continue expanding it.” pmpm Consulting Group Inc. provides healthcare consulting services for medical groups, independent physician associations (IPAs), management service organisations (MSOs), physician hospital organisations (PHOs), health maintenance organisations, and hospitals in the United States. WeiserMazars, LLP is an accounting and consulting firm.

Solomon Global Holdings, Inc. (USA) acquired The Shuchter Group (USA)
Deal Size: Unspecified Industry: HR consulting Date: July 2014

Solomon Global Holdings Inc. has acquired the Shuchter Group and brought on board the Dublin consulting firm’s founder and top executive, Michael Shuchter. Shuchter will serve as chief strategy officer for the Columbus-based venture capital and management consulting firm. The Shuchter Group was an executive coaching and consulting firm that helped owners and executives achieve more at work, more easily. Solomon Global has multiple lines of business including investing in high-growth businesses, management consulting and executive coaching through its Solomon Global Solutions and advising information technology companies through Mercury Consulting.

Sapiens International Corporation N.V. (Israel) acquired Knowledge Partners International, LLC (USA)
Deal Size: Unspecified Industry: Management consulting / Strategy Date: July 2014

Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, with an emerging focus on the broader financial services sector, announced it has acquired Knowledge Partners International (KPI), a pioneer and recognised leader in decision management consultancy, services and training. Sapiens’ strategic investment in KPI reflects the company’s recognition that the discipline of decision management is rapidly gaining adoption across the financial services industry. Effective decision management enables enterprises to greatly improve strategic agility, operational effectiveness, efficiency and compliance with regulatory and corporate policy. KPI’s domain expertise, together with its patent rights to The Decision Model, will enable Sapiens to enhance the Sapiens DECISION solution, resulting in an end-to-end enterprise offering that is unmatched in the industry. “We have enjoyed a long and successful working relationship with KPI, and we came to realise that by bringing our two organisations together we could really shake up, redefine, grow and lead the enterprise decision management market,” said Rami Doron, Sapiens’ managing director, DECISION. “Our plan is to make the best use of the tremendous value KPI brings to Sapiens by leveraging and integrating every aspect of the KPI business into our decision management practice.” Knowledge Partners International LLC provides consulting services in the fields of business decision modeling and requirements for the global 1000 companies. Sapiens International Corporation N.V. provides software solutions for the insurance industry in North America, the United Kingdom and rest of Europe, Israel, and the Asia Pacific.

Deloitte (USA) acquired KD Johns & Co (Australia)
Deal Size: Unspecified Industry: Management consulting / Strategy Date: July 2014

Deloitte Private has announced the acquisition of a leading Western Australia-based tax and advisory firm. KD Johns and Co will join Deloitte’s Perth office effective 1 October 2014. The firm provides tax and advisory services to many of Western Australia’s wealthiest families and leading private companies. Michael McNulty, Deloitte WA office managing partner, welcomed the new team and said that the transaction highlighted Deloitte’s ongoing commitment to the West Australian market. “The focus of Deloitte Private strongly aligns with the philosophy of KD Johns & Co, and will allow our clients to benefit from the breadth and depth of professional services which won Deloitte both the Accounting and Audit firm of the year in 2013,” Keith Johns, managing director of KD Johns and Co said. Deloitte Touche Tohmatsu (DTT) is a professional services organisation that offers auditing, taxation, financial advisory, and consulting services.

E3 Services and Solutions LLC (USA) acquired an equity stake in Synergy International Incorporated (USA)
Deal Size: Unspecified Industry: Engineering consulting Date: July 2014

E3 acquires equity stake in Synergy International Inc. to provide environmental design and engineering consulting services. Operating as a subsidiary, the business unit will leverage a broad array of scientific relationships in solving environmental and sustainability problems. Synergy International Inc. has a ten year track record of delivering key design solutions in the areas of environmental architecture, solar solutions, wind solutions and urban farming. Synergy International’s brand portfolio in combination with its global scientific consultants, will allow E3 to develop and further commercialise key competencies of the division. E3 will also work on research and development projects in conjunction with its Synergy’s partner organisations which includes pollution control applications as well as key remediation technologies. Mark A. Skoda, CEO of E3 stated, “Synergy International Inc. provides E3 with an environmental design and engineering competency critical to our long term business objectives.” E3 Services and Solutions LLC develops and commercialises technologies for water reclamation projects in oil and gas, mining services, and industrial pollution industries.

Trinity Consultants, Inc. (USA) acquired Schreiber, Yonley & Associates, Inc. (USA)
Deal Size: Unspecified Industry: Environmental consulting Date: July 2014

Trinity Consultants, Inc. (Trinity) an international environmental consulting firm that specialises in industrial air quality issues, announces its acquisition of Schreiber Yonley & Associates (SYA), an environmental consulting company located in St. Louis, Missouri. The acquisition will provide enhanced service capability for the cement industry and other industrial sectors in the Midwest and beyond. John Iwanski, Trinity’s Northern Region Managing Director reflected on Trinity’s interest in joining with SYA. “Schreiber Yonley & Associates is a well-respected provider of environmental services in areas that complement Trinity’s capabilities. Their services to the cement industry in particular have been well known to Trinity and we are pleased to combine forces in a manner that benefits both companies as well as our current and future clients. In addition to the synergy among our two groups’ technical capabilities and client sectors, perhaps most important is our cultures, both of which value client service first, followed by career development for our consultants, and long term company growth.” Trinity Consultants, Inc. is an environmental consulting company that assists industrial facilities with sensitive environmental issues worldwide.

CliftonLarsonAllen LLP (USA) acquired PKC Consulting LLC (USA)
Deal Size: Unspecified Industry: Management consulting / Strategy Date: August 2014

CliftonLarsonAllen has acquired PKC Consulting, an accounting, consulting and tax services firm based in La Crosse, Wis. “We founded PKC Consulting in 2008 to provide our clients with the tools and advice they need to be successful in making wise financial decisions,” PKC owner, Sheri Knope, said in a statement. “CLA’s depth of national resources, talent and expertise will only enhance the services we provide.” CLA Western Wisconsin managing principal Steve Bien noted that PKC Consulting has gained a strong reputation providing a range of services, including accounting, financial reporting and tax planning. Knope also brings particular expertise in working with local financial institutions. CliftonLarsonAllen LLP offers financial accounting, auditing, and advisory services.

International Business Machines Corporation (USA) acquired CrossIdeas Srl (Italy)
Deal Size: Unspecified Industry: IT consulting Date: July 2014

International Business Machines Corporation (IBM), a US-based provider of business, technology and consulting services, has acquired CrossIdeas s.r.l, an Italy-based provider of identity and access governance solutions. Pursuant to the transaction, CrossIdeas will become part of IBM’s security systems division. The transaction will enable IBM to expand its security offerings with identity intelligence, and extends its market share portfolio of identity and access management capabilities. CrossIdeas Srl provides identity and access governance solutions to manage people, applications, and entitlements. International Business Machines Corporation provides information technology (IT) products and services worldwide.

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