Consulting Sector M&A Deals for week beginning 18th May

businessman doing handstand on the beachThe O’neill Consulting Group Inc. (USA) acquired DMR Advisory, LLC (USA)
Deal Size: Unspecified Industry: HR consulting Date: May 2015
O’Neill Consulting Group, a global retained executive search firm, announced the acquisition of DMR Advisory, LLC. The addition of DMR will further strengthen O’Neill’s vibrant consumer practice and dovetails five years of double-digit organic growth. Like-minded firms, both are members of the Association of Executive Search Consultants. Expanding on the company’s growth strategy, Kevin O’Neill, founder & CEO of O’Neill Consulting Group said, “We are delighted to welcome DMR to the O’Neill family as we continue our efforts to serve clients in new, innovative ways. Doug Rosen, founder & Managing Director, has built an impressive practice and we look forward to his contribution to our existing and expanding client portfolio.” Rosen is an executive search leader and human capital strategist with expertise across the hospitality, real estate, and technology industries. Building on 15 years’ experience, he will continue to manage client relationships in these areas and execute critical engagements for sales, marketing, operations, finance, and human resources professionals. His competencies within organizational behavior and change will continue to serve him in aligning talent with clients’ distinctive cultures and business strategy. O’Neill Consulting Group, Inc. operates as an executive search company that offers talent solutions to clients worldwide. DMR Advisory, LLC provides executive search and organizational advisory services for hotel, real estate, and hospitality technology industries.

NFP Corp. (USA) acquired Hackett Valine & MacDonald, Inc. (USA)
Deal Size: Unspecified Industry: HR consulting Date: May 2015
NFP, a leading insurance broker and consultant that provides employee benefits, property & casualty (P&C), retirement, and individual insurance and wealth management solutions, has acquired Hackett Valine & MacDonald, Inc. (HVM). HVM, based in South Burlington, VT, is a brokerage and consulting firm that specializes in P&C and employee benefits. The firm offers personal and commercial lines expertise and employee benefits capabilities for companies in a range of industries. HVM’s leadership team will remain in place, with Michael Walsh transitioning to Managing Director for NFP’s New England region, reporting to Terrence Scali, Chief Executive Officer, NFP Property & Casualty. Timothy Ford will continue as a Director of Sales, focused on employee benefits, and Richard Bazluke will serve as the Finance Director. Scali said, “The addition of HVM builds upon NFP’s already strong presence in the New England region. The team’s expertise in both P&C and employee benefits, as well as its dedication to providing personalized attention and tailored solutions to their clients, complements NFP’s focus and objectives. We are excited to welcome the HVM team.” Hackett Valine & MacDonald, Inc. operates as an insurance agency in New England. NFP Corp. operates as an insurance broker, consultant, and wealth management company.

MasterCard Incorporated (USA) to acquire Applied Predictive Technologies, Inc. (USA)
Deal Size: Unspecified Industry: IT consulting Date: May 2015
MasterCard is spending US$600 million to add cloud-based analytics capabilities to its portfolio with its acquisition of Applied Predictive Technologies (APT). APT’s Test & Learn platform helps companies tailor investments and maximize bottom-line impact by harnessing analytics to design, measure and calibrate marketing, merchandizing, operations and capital initiatives. The acquisition is expected to help MasterCard Advisors, the professional services arm of MasterCard, improve on the insights it delivers to financial institutions and merchants around enhancing the consumer experience, and forms part of MasterCard’s agenda to deliver differentiated services to merchants. This agenda also includes the acquisition of another firm, 5One, a London-based retail consulting and analytics firm. As part of the company’s services portfolio, Applied Predictive Technologies will now have access to MasterCard’s analytics suite, consulting capabilities, marketing services and global footprint. “In today’s competitive business climate, companies need analytics that are easy to use and drive action,” said Kevin Stanton, president of MasterCard Advisors. “APT’s world-class talent, technology and Test & Learn platform, matched with MasterCard’s analytics, will give our customers the advantage of enhanced and actionable decision making.” MasterCard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. Applied Predictive Technologies, Inc. provides cloud-based predictive analytics software solutions.

BDO USA, LLP (USA) agreed to acquire Stone-Carlie & Co. (USA)
Deal Size: Unspecified Industry: Financial Advisory Date: May 2015
BDO USA, LLP, has announced an expansion into the St. Louis market through the acquisition of Stone Carlie & Company, LLC, a full-service accounting and consulting services firm with a diversified client base that includes construction, manufacturing & distribution, life sciences, technology, nonprofit, real estate, healthcare and professional services industries. Stone Carlie, founded in 1947 by Sidney Stone and Carl Carlie, has a staff of approximately 100, including 8 partners. BDO is one of the nation’s leading professional service organizations The combination of BDO and Stone Carlie is subject to customary closing conditions and regulatory approvals, and is expected to be completed on June 1, 2015. Stone Carlie was previously a member of the PrimeGlobal accounting association. “I want to welcome the partners and staff of Stone Carlie to BDO USA. This transaction is a major addition to BDO and expands our geographic coverage of the Midwest. With Stone Carlie, we are gaining a leading accounting practice with a long history of serving growing entrepreneurial businesses in St. Louis,” said Wayne Berson, CEO of BDO USA. “Combined with other additions, BDO has expanded into 16 new cities and added to our critical mass in 10 existing markets over the past three years, this is further evidence that quality professionals are drawn to BDO as we continue to elevate our presence in the marketplace.” BDO USA, LLP provides accounting and financial advisory services.

Edgewood Partners Insurance Center, Inc. (USA) acquired Executive Financial, Inc. (USA)
Deal Size: Unspecified Industry: HR consulting Date: May 2015
Insurance broker Edgewood Partners Insurance Center has acquired Los Angeles-based employee benefits consulting firm Executive Financial Inc. Executive Financial, founded in 1995 by Peter Lizotte, specializes in executive benefits and life and disability insurance strategies, San Francisco-based EPIC said Monday in a statement. “As a part of EPIC, we now have access to best-in-class compliance, communication and wellness services, not only to support our existing clients but also to successfully compete for new business,” Mr. Lizotte said in the statement. “Additionally, we are very excited about the opportunity to significantly expand our proprietary executive disability income and life insurance programs under the EPIC brand.” The acquisition of Executive Financial is EPIC’s second in less than a week. It announced on May 12 that it had acquired Sorci Insurance Brokerage Inc., a specialist in providing comprehensive workers compensation insurance services to California new car auto dealers. Executive Financial, Inc. offers employee benefits consulting services and provides services such as executive benefits, life, and disability insurance strategies. Edgewood Partners Insurance Center, Inc., an insurance brokerage and consulting company, provides commercial property and casualty insurance, employee benefits, specialty program insurance, and private client services.

Verisk Analytics, Inc. (USA) to acquire Wood Mackenzie Ltd (UK)
Deal Size: Unspecified Industry: Business consulting Date: May 2015
Verisk Analytics, Inc., a leading data analytics provider, announced it has signed a definitive agreement to acquire Wood Mackenzie from Hellman & Friedman and other Wood Mackenzie shareholders. Wood Mackenzie is a global leader in data analytics and commercial intelligence for the energy, chemicals, metals and mining verticals. The acquisition establishes Verisk as a trusted data analytics provider at the center of the global energy market, similar to its position in the property/casualty insurance industry. The transaction advances Verisk’s strategy to expand internationally and positions the company in markets that relate closely to the company’s existing supply chain and climate risk initiatives, which are central to the global economy of the 21st century. Wood Mackenzie leverages predictive models and robust proprietary data gathered over the past century to describe and value assets, forecast their future productivity and value, and provide clients with trusted strategic advice. Wood Mackenzie’s global teams of experts rigorously analyze the data, ensuring a deep understanding of the company’s extensive global data sets and the end markets they describe. Wood Mackenzie advisers work directly with clients to address their business challenges. Wood Mackenzie has approximately 1,000 employees worldwide with offices in Edinburgh, Dubai, Houston, London, Singapore, and Sydney. “This combination is a natural home for the business we’ve built over the years and a great opportunity for our customers and employees,” said Stephen Halliday, chief executive officer of Wood Mackenzie. “Our teams stand ready to build on the strength of our existing solutions with the benefit of Verisk’s analytic expertise, customer relationships, and financial resources.” Wood Mackenzie Ltd. provides research and consulting services. It offers research services focusing on exploration strategies and screening, asset development and asset acquisition, commodity markets, and corporate analysis; advisory services in the areas of business environment, business improvement, business strategies, and transaction support; and objective analysis and advice on assets, companies, and markets. Verisk Analytics, Inc. provides information about risk to professionals in insurance, healthcare, financial services, government, supply chain, and risk management in the United States and internationally.

D’Appolonia S.p.A. (Italy) acquired SC Sembenelli Consulting (Italy)
Deal Size: Unspecified Industry: Engineering consulting Date: May 2015
D’Appolonia has strengthened its civil engineering capability in the infrastructure sector by acquiring Milan-based civil engineering consultancy SC Sembenelli Consulting. The move brings to the group global expertise in major civil engineering projects with particular experience in dams and hydropower, civil and hydraulic infrastructures. Roberto Carpaneto, CEO, D’Appolonia, says, “Sembenelli brings us a strong brand name and key technical skills which complement our geo-technical and earthworks expertise. They widen our ability to support major projects such as port and dam construction and development. Sembenelli also fits well with our environmental focus as they are involved in major sustainable regional developments around the world.” Piero Sembenelli, founder of SC Sembenelli, says, “We are a small company with a big brain. We have been sought after for major projects because of our innovative approaches, our ability to think outside traditional solutions and the quality of our approach. Together with D’Appolonia we can deliver expertise to civil engineering projects on a very large scale.” D’Appolonia S.p.A. provides engineering consulting and design services to public and private clients.

National Investor Property Management Co.,L.L.C. (UAE) acquired Flanagan Arabia (UAE)
Deal Size: Unspecified Industry: Engineering consulting Date: May 2015
Colliers International, a global leader in real estate advisory, announced that it had acquired Flanagan Arabia, a specialist project management, quantity surveying, space planning, workplace and cost consultancy. Flanagan Arabia will immediately be rebranded as Colliers International, with Bob Flanagan, Founder and Managing Director of Flanagan Arabia, continuing to lead operations as Director, Head of Project Management and Cost Consultancy for Colliers International in the MENA region. “Since we launched our operations in Abu Dhabi in 1996, Colliers International has continued to demonstrate its commitment to the market through the expansion of our services, offices and workforce of dedicated professionals,” said John D. Davis, Chief Executive Officer of Colliers International in the Middle East and North Africa. “The acquisition of Flanagan Arabia deepens our capabilities in key disciplines and will support future regional growth by offering our clients additional market leading services, all under the Colliers International brand,” concluded Davis. Commenting on the acquisition, Bob Flanagan said: “Becoming part of Colliers’ global network is a natural next step in the development of the business. The team are excited to be joining one of the world’s leading real estate consultancies, adding our expertise and experience to Colliers strong offering in the region. Both firms are an excellent fit in terms of culture and commitment to industry best practice, and the acquisition will support our expansion plans while delivering significant benefits for all our clients.” Flanagan Arabia offers project management and quantity surveying services. National Investor Property Management Co.,L.L.C., doing business as Colliers International UAE, offers property management and valuations, real estate portfolio advice, property marketing and leasing, and project management services.

Cenergy International Services, LLC (USA) acquired Control Zone Solutions (USA)
Deal Size: Unspecified Industry: Energy consulting Date: May 2015
Houston-based Cenergy International, provider of global workforce solutions for oil and gas, recently acquired Louisiana-based Control Zone Solutions, a safety and human performance improvement consulting company. The deal for Cenergy’s acquisition of Control Zone Solutions – which provides customized safety solutions based on best practices taken from the military – was put together in less than one year, Megan Alarid, chief development officer for Cenergy, told Rigzone. “Cenergy prides itself on leading the industry in safety performance by holding a lost-time incident rate better than industry average, with a strong commitment to achieving a ‘goal zero’ total recordable incident rate,” Alarid said. “Through this acquisition, we are able to offer a more extensive safety solutions program to all of our clients and continue to make safety our top priority. […] The training that comes after the assessment is hyper-targeted to the company’s exact need in an effort to focus on the areas that need improvement,” Alarid said. “Control Zone Solutions will tap into the strength of Cenergy’s current infrastructure and leadership to roll out its services globally,” said, Kelly Sullivan, Control Zone Solutions founder. “This is an opportunity for the Control Zone Solutions team to expand and break geographical barriers like we never have before.”

Promontory Financial Group, LLC (USA) acquired FS Advisory (USA)
Deal Size: Unspecified Industry: Financial Advisory Date: May 2015
Promontory Financial Group announced the acquisition of FS Advisory, the consumer finance consultancy of Fenway Summer LLC. Raj Date, the founder of Fenway Summer and FS Advisory, will become a senior adviser to Promontory. Promontory is a global leader in strategy, risk management, and regulatory-compliance consulting. “Raj Date and his team bring expertise and perspective that will further accelerate the growth in our consumer protection practice and help our clients adapt and thrive in a market characterized by change and disruption,” said Linda Gallagher, global head of Promontory’s consumer protection practice. Promontory Financial Group, based in Washington, D.C., specializes in helping companies and governments around the world manage complex risks and meet their greatest regulatory challenges. Fenway Summer LLC is a Washington, D.C.-based venture investment firm comprised of finance, technology, and regulatory experts committed to positive change in consumer finance.

Accenture plc (Ireland) to acquire The Javelin Group Limited (UK)
Deal Size: Unspecified Industry: Management Consulting Date: May 2015
Accenture has acquired Javelin Group, a provider of retail strategy consulting and digital transformation services. The tech firm said the deal will extend the capabilities of Accenture Strategy, a unit which focuses on assisting retailers and brands in transforming through technology and digital systems. Founded in 1997, London-based Javelin Group specializes in retail strategy and digital transformation consultation. The company offers consultation services within fields including digital market assessment, evaluation, digital performance improvement, omni-channel retail planning, retail analytics, supply chain fulfilment, operations and expansion strategy. The company employs over 160 people and roughly half of its revenues come from outside the United Kingdom. “The combination of Javelin Group’s skills and Accenture’s global reach and industry expertise will enhance Accenture Strategy’s ability to serve a fast growing international retail market,” Accenture says. Mark Knickrehm, group chief executive of Accenture Strategy commented: “The acquisition of Javelin Group will help Accenture Strategy reinforce our ability to deliver large scale transformation in the retail industry. It will also strengthen the portfolio of industry knowledge and digital capabilities that makes Accenture Strategy increasingly relevant in a market demanding sector-specific strategies and solutions.” The Javelin Group Limited provides ecommerce and omni-channel retail consulting services to retailers, brands, distributors, retail investors, and retail property developers on their strategies, operations, and technologies in the United Kingdom, Europe, and internationally. Accenture plc provides management consulting, technology, and business process outsourcing services worldwide.

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