RPS Group plc. (UK) to acquire Point Project Management (Australia)
Deal Size: $27.7 million Industry: Management consulting / Strategy Date: September 2014
RPS is acquiring the entire share capital of Point for A$31.0 million (€21.5 million), all payable in cash. Founded in 2006, Point Project Management is headquartered in Canberra and has offices in seven other Australian cities. The company, which employs approximately 130 permanent staff, provides services to the defence, transport, residential, retail, health and commercial property development industries. “Point has an excellent reputation and track record, particularly in the Australian defence sector. Its skills will complement the services RPS currently provides in Australia and enable us further to rebalance our business towards the non-resources parts of the economy,” said RPS chief executive Alan Hearne. Point Project Management Pty Ltd offers project management consultancy services. RPS Group PLC provides advice for the exploration and production of oil and gas and other natural resources; and development and management of the built and natural environment.
Arthur J Gallagher & Co. (USA) acquired The Benfield Group LLC (USA)
Deal Size: Unspecified Industry: Healthcare consulting Date: September 2014
Arthur J. Gallagher & Co. has declared the acquisition of The Benfield Group. The move marks an effort by the company to ramp up its employee benefit business. St. Louis-based Benfield Group is a healthcare market research, strategy and communications firm offering services in the U.S. It specialises in helping healthcare companies and enabling them to develop and implement effective employer strategies. It also conducts research on consumers, patients and physicians, thereby providing employers with strategic communications support. Hence, with this acquisition, Arthur J. Gallagher has added another feather to its cap. Arthur J. Gallagher has been focused on its employee benefit business and has been consistently strengthening the same. Its year-to-date acquisition tally touches 28, out of which 10 acquisitions, including the latest one, are in the employee benefit business. Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance brokerage and risk management services in the United States and internationally. The Benfield Group LLC provides health care market research, strategy, and communications services in the United States.
The Aldridge Company, Inc. (USA) acquired Tydan IT (USA)
Deal Size: Unspecified Industry: IT consulting Date: September 2014
Two major Texas MSPs have combined forces to provide first-response support and better serve small and medium-sized enterprises (SMEs). Technology management and consulting company Aldridge has acquired Tydan IT, a provider of managed IT services concentrated in the Austin area. Aldridge, a leading provider of information technology (IT) outsourcing with elite first-response support, announced the completion of its acquisition of Tydan IT, a managed IT services specialist for small and medium-sized enterprises (SMEs) in the Austin, Texas area. Terms of the agreement were not disclosed. Clients of Tydan IT will benefit from accessing Aldridge’s mature and growing managed services practice. By providing senior knowledge on a daily and ongoing basis, Aldridge simplifies IT operations and provides faster resolution of IT issues. Tydan IT’s personnel will be retained and integrated into Aldridge’s operations. Aldridge has appointed Tydan IT Founder and CEO, Mark Glowacz, as Vice President, and he will lead Aldridge’s growing Austin office. Glowacz will report to Aldridge President and COO Patrick Wiley. “Austin is booming with a lot of startups as well as established and growing companies that are open to business best practices and can now benefit from outsourcing their IT management to Aldridge,” said Glowacz. With the Tydan IT acquisition, Aldridge enables business executives in the Austin area to save time, energy and money through a broad range of outsourced custom IT services, such as: Managed services, Professional services, Could services. The Aldridge Company, Inc. operates as a technology management, consulting, and outsourcing company in the United States. Continue reading