Consulting Sector M&A Deals for week beginning 1st September

businessman doing handstand on the beachPublicis Groupe SA (France) acquired Nurun, Inc. (Canada)
Deal Size: $114.4 million Industry: Marketing consulting Date: September 2014
Publicis Groupe has acquired Nurun, an independent global design and technology consultancy, from Quebecor Media for 125 million Canadian dollars, or about $114.4 million at the current exchange rate. The acquired firm has two divisions including Nurun Global, which offers strategy, design, ecommerce and technology services worldwide. Nurun IT Consulting Services has one big client: the Quebec Provincial Government, for which it provides IT outsourcing and system integration services. “The acquisition of Nurun is another step forward in strengthening our world-class digital operations, and position as The Human Digital Agency,” said Maurice Levy, chairman and CEO of Publicis Groupe. “Nurun’s expertise, based on a combination of design and new technologies, will not only bring widely recognized talent and capabilities to our clients, but also strengthen Publicis Groupe’s digital global presence.” Nurun, Inc., a global design and technology consultancy, specialises in digital design and technological innovation. Publicis Groupe SA provides a range of advertising and communications services worldwide.

Willis Risk Services Limited (Ireland) to acquire Irish Pension and Advisory Business from IFG Group plc (Ireland)
Deal Size: Unspecified Industry: Management consulting / Strategy Date: September 2014
The Board of IFG Group plc (“IFG”) is pleased to announce that it has signed an agreement for the sale of its Irish pension and advisory business to Willis Ireland, part of Willis Group Holdings. Paul McNamara, CEO of IFG Group, welcomed the agreement saying “The newly combined business, backed by the global scale and presence of Willis, represents a compelling opportunity for our colleagues and enhanced services for clients. This transaction is consistent with our strategy to focus on the continued growth and development of James Hay Partnership and Saunderson House. The sales proceeds will further strengthen our balance sheet and facilitate investment in these businesses. IFG is now a more sharply focused Group with well-positioned businesses and the resources to pursue increased growth in our core markets.” Willis Risk Services (Ireland) Limited provides insurance and re-insurance brokerage, pensions, actuarial, and risk management consulting services. IFG Group plc, Irish Pension and Advisory Business represent the combined operations of IFG Pensco Limited, IFG Private Clients Limited, Planlife Trustee Services Limited, Retirement Strategies Ltd, and Trade Credit Brokers Ltd. IFG Pensco Limited provides pensions consultancy and administration services. IFG Private Clients Limited and Retirement Strategies Ltd provide financial advisory services. Planlife Trustee Services Limited operates as a professional trustee company. Trade Credit Brokers Ltd. provides trade credit insurance brokerage services.

IHS Inc. (USA) acquired PCI Acrylonitrile (UK)
Deal Size: Unspecified Industry: Management consulting / Strategy Date: September 2014
IHS Inc., the leading global source of critical information and analytics, announced it has acquired PCI Acrylonitrile, a strategic provider of chemical market insight and consulting services for the global acrylonitrile and derivatives industry. The acquisition of PCI Acrylonitrile further deepens and strengthens the existing IHS Chemical global market coverage in the commodity and engineering plastics and fibers sectors. Together with the expertise and insight offered by IHS in the areas of aerospace, electronics and automotive, the addition of PCI Acrylonitrile demonstrates the company’s commitment to providing leading information, insight and consulting capabilities across the entire spectrum of the chemical to end-user value chains. “The acquisition of PCI Acrylonitrile is a tremendous addition to our industry-leading chemical market advisory service covering the fibers and plastics businesses,” said Scott Key, IHS president and CEO. “The acrylonitrile analysis, combined with our IHS Chemical olefin, propylene market and special reports coverage, as well as the upstream market coverage we deliver at IHS, will provide unparalleled integrated analysis that is essential to our customers. We are excited to welcome Simon Garmston, who is recognized globally for his expertise in this highly specialised, but strategically important and growing chemical market.” IHS Inc. provides critical information, insights, and analytics worldwide.

Genesys, Inc. (USA) acquired CanaPlus Consulting, Inc. (Singapore)
Deal Size: Unspecified Industry: Management consulting / Strategy Date: September 2014
Genesys, a leading provider of customer experience and contact center solutions, announced the acquisition of Singapore-based CanaPlus Consulting. CanaPlus is a leading systems integrator that brings over a decade of expertise implementing Genesys solutions in the APAC region for large, multi-national financial services companies and other leading regional organisations. In acquiring CanaPlus, Genesys brings customers enhanced professional services capabilities to better address the needs of the regional market. The acquisition also supports the increased demand Genesys has experienced in APAC as organisations in the region see customer experience as a strategic differentiator, and are turning to Genesys for complete customer experience solutions. Additionally, CanaPlus Consulting brings Genesys expanded market reach in the APAC region supporting new and emerging markets, especially in Southeast Asia. This includes resources to service customers in Malaysia, Indonesia, Thailand and the Philippines – with core operations in Singapore. CanaPlus also brings highly skilled development expertise working with Genesys that have delivered customer experience innovation for regional customers ranging from video contact center and multi-media customer experience solutions to desktop integration. “CanaPlus Consulting has been instrumental in the success of Genesys in the APAC region since their inception,” said Bruce Eidsvik, Senior Vice President, Asia Pacific, Genesys. “We are excited about the additional talent and expertise that CanaPlus Consulting brings to help customers take their customer experience to new levels.” Genesys is the market leader in multi-channel customer experience (CX) and contact center solutions in the cloud and on-premises.

WSP Global Inc. (Canada) to acquire Parsons Brinckerhoff Group Inc. (USA)
Deal Size: $1.35 Billion Industry: Engineering consulting Date: September 2014
WSP Global Inc. has agreed to buy Parsons Brinckerhoff in a US$1.35 billion cash deal that will nearly double the size of the Montreal-based engineering consulting company. WSP Global Inc. has agreed to buy Parsons Brinckerhoff in a US$1.35 billion cash deal that will nearly double the size of the Montreal-based engineering consulting company. Headquartered in New York City, Parsons Brinckerhoff is a global professional services firm with a network of approximately 170 offices and nearly 13,500 employees on five continents. The firm is a premier infrastructure consultancy providing services in transportation, power, energy, community development, water, mining and environment segments. WSP’s management’s (“Management”) strategic rationale for the Acquisition is underpinned by a strong alignment of both companies’ respective values and operating models while allowing the Corporation to meet most of its 2015 Global Strategic Plan objectives ahead of schedule, including objectives relating to net revenues and total number of employees. Since the companies possess complementary skills and serve complementary segments and geographies with limited overlap in operations, the Acquisition is also aligned with WSP’s growth strategy. Parsons Brinckerhoff Group Inc. provides building engineering, construction, operations, and maintenance services to public and private clients worldwide. WSP Global Inc. provides various professional services in Canada, Sweden, the United Kingdom, the United States, the United Arab Emirates, South Africa, Germany, Australia, and internationally.

Baker Tilly Virchow Krause, LLP (USA) agreed to acquire ParenteBeard LLC (USA)
Deal Size: Unspecified Industry: Management consulting / Strategy Date: September 2014
Accounting and advisory firms Baker Tilly Virchow Krause, LLP (Baker Tilly) and ParenteBeard LLC announced the merger of the two firms, with an anticipated effective date of October 1, 2014. The name of the combined firm will be Baker Tilly Virchow Krause, LLP. “As independent members of Baker Tilly International, our two firms have worked collaboratively and successfully for many years and on many fronts,” said Baker Tilly Chairman and Chief Executive Officer Timothy L. Christen. “This merger is an opportunity for two successful, complementary firms to join forces and create even greater opportunities for our people while broadening our geographic footprint and deepening our industry and service specialisation capabilities to better serve our clients as Valued Business Advisors.” A combined Baker Tilly/ParenteBeard will further expand and strengthen the firm’s presence in the Northeast Corridor with a physical presence from the financial capital of the world (New York) to America’s Capital (DC), serving financial, manufacturing, real estate, technology, commercial and governmental clients and helping to build the Baker Tilly brand in important markets from Pittsburgh to Philadelphia to New York. ParenteBeard LLC offers accounting and auditing services. The firm’s practices include assurance, corporate finance, forensic accounting and litigation, retirement and estate planning, restructuring and insolvency, technology audits, corporate governance, and tax planning and analysis. Baker Tilly Virchow Krause, LLP, trading as Baker Tilly, provides accounting and financial advisory services.

Teradata Corporation (USA) acquired Think Big Analytics, Inc. (USA)
Deal Size: Unspecified Industry: IT consulting Date: September 2014
Analytic data platform and services company Teradata, which has a San Diego office, announced Wednesday its acquisition of Think Big Analytics Inc., a Silicon Valley consulting firm focused primarily on the Hadoop software framework. According to Mike Koehler, president and chief executive officer of Teradata, the acquisition is Teradata’s third major data-related acquisition in six weeks. Each of the six, he said in a release, are key to Teradata achieving its goal of leading the data industry in enabling customers to derive maximum value from all their data. “Think Big’s consulting expertise enhances Teradata’s capability to advise customers on the best way to leverage diverse, open source big data technologies to grow their business,” Koehler said. Ron Bodkin, founder and chief executive officer at Think Big, said his company and Teradata share a vision of helping customers leverage new, open source technologies. “We are elated to join the Teradata team and work closely in delivering big data solutions by providing our expert domain knowledge,” Bodkin said. Rick Farnell, co-founder and president of Think Big, added that combining Think Big’s Hadoop and data science experience with teradata platform for data analytics is a “tremendous opportunity for our clients to innovate and realise game-changing value.” Teradata Corporation provides analytic data platforms, marketing and analytic applications, and related consulting services in the United States and internationally. Think Big Analytics, Inc. provides big data and advanced analytics consulting services.

Data#3 Ltd. (Australia) acquired Business Aspect Group Pty Ltd (Australia)
Deal Size: Unspecified Industry: IT consulting Date: September 2014
Data#3 has acquired Brisbane-based IT consulting firm Business Aspect Group for $6 million as part of its move into consultancy services. Business Aspect Group was formed in 2005 and has 70 staff based across offices in Brisbane, Sydney, Canberra and Melbourne. In 2014, it reported revenues of $14 million and earnings before tax, depreciation and amortisation (EBITDA) of $1.3 million. The Group provides strategy, risk, architecture and planning to customers in financial services, education, mining and government sectors. Data#3 managing director John Grant said that Business Aspect Group will continue to operate as an autonomous business. “As part of Data#3, it will be able to deliver end-to-end outcomes from strategy to IT implementation where it makes sense for its clients. Business Aspect’s partners will continue to manage the firm,” he said in a statement. Data#3 Limited, together with its subsidiaries, provides information technology solutions in Australia. Business Aspect Group Pty Ltd offers information technology consulting services.

Infomedia Inc. (USA) acquired Epik Consulting, Inc. (USA)
Deal Size: Unspecified Industry: IT consulting Date: September 2014
Infomedia, Inc., a marketing company that provides web development, e-commerce, web marketing and digital consulting services, has acquired Epik Consulting, an integrated communications company. Both the companies are based in the US. The acquisition results in the creation of Uptick Marketing, a new digital marketing firm. Infomedia, Inc. provides Web development and Web marketing services.

M-Brain Oy (Finland) signed an agreement to acquire Global Intelligence Alliance Group Oy (Finland)
Deal Size: Unspecified Industry: Management consulting / Strategy Date: September 2014
Global Intelligence Alliance Group Oy (GIA) announced that M-Brain Oy has signed an agreement to purchase the entire share capital of GIA. With M-Brain, GIA will offer an unparalleled spectrum of market intelligence services together with an increased global footprint. The combined group will become a global market intelligence provider, bringing together GIA’s strategic analysis and advisory, market intelligence and related software solutions together with M-Brain’s content production and SaaS solutions. Together, the companies have offices in 12 countries. The combined staff will amount to 450 employees. The companies complement each other perfectly, and they will go through an integration process by the end of 2014. Markko Vaarnas, CEO and co-founder of GIA commented, “Since CapMan’s investment in GIA during 2007, we have successfully grown our innovative market intelligence partnership concept internationally. The combination of GIA and M-Brain is the next exciting step forward in the continuing progression of the company. With M-Brain’s market monitoring services and related technologies, we are able to offer our clients an unparalleled spectrum of market intelligence content services, software products and strategic advisory services. Our increased global footprint allows us to fast-track the GIA concept to M-Brain geographies, creating significant additional opportunities for the group. In the consolidating market intelligence sector, we will become the driving force that shapes the industry and helps clients to get more impact from their investments in market intelligence.” M-Brain Oy provides a range of media-based competitive and market intelligence solutions to large business clients in Germany, France, the United Kingdom, the Russian Federation, Sweden, and Finland. Global Intelligence Alliance Group Oy operates as a strategic market intelligence and advisory company for organisations.

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