Consulting Sector M&A Deals for week beginning 30th November

businessman doing handstand on the beachLogicalis Group Limited (UK) acquired Thomas Duryea Consulting Pty. Ltd. (Australia)
Deal Size: Undisclosed Industry: IT Consulting Date: November 2015
Logicalis, an international IT solutions and managed services provider, announced it has acquired Thomas Duryea Consulting, a leader in designing, building and deploying data centre, data management, enterprise information systems, systems management and cloud environments for mid-sized and large enterprises. Mark Rogers, Logicalis CEO, comments: “This acquisition is strategically important for Logicalis, building strength and additional scale into our Australian operation, while Thomas Duryea’s deep professional services capabilities in desktop, data centre, storage and cloud are a perfect fit with Logicalis Australia’s existing expertise. As a result, the combined businesses represent a very compelling value proposition for customers and will strengthen our relationship with key vendor partners EMC, Dell, NetApp, VmWare and Microsoft.”  (http://www.prnewswire.com)

Accenture plc (Ireland) acquired Schlumberger Business Consulting (USA)
Deal Size: Undisclosed Industry: Management Consulting Date: November 2015
Accenture has completed its acquisition of SBC (Schlumberger Business Consulting), the management consulting unit of Schlumberger. The acquisition was first announced on August 17. SBC employees and knowledge assets now form part of Accenture Strategy, strengthening its ability to help the world’s major energy exploration and production companies achieve greater competitiveness and growth. In particular, Accenture Strategy is now better positioned to support upstream oil and gas companies to enhance operational agility, accelerate their digital transformation and improve their portfolio optimization. “The upstream energy sector faces a range of challenges and opportunities, from delivering complex capital projects to exploiting technological advances,” said Arthur Hanna, energy industry lead, Accenture Strategy. “Our capabilities in business, digital and technology strategy complement the upstream business, organizational change and operations expertise that now have become part of Accenture Strategy. As a result of the acquisition, Accenture Strategy is better placed to support clients in the field, across the enterprise and as they pursue market opportunities and upstream partners.” (http://www.newtechmagazine.com

SolutionsIQ, Inc. (USA) acquired Davisbase Consulting, LLC (USA)
Deal Size: Undisclosed Industry: IT Consulting Date: November 2015
SolutionsIQ, Inc., the leader in enterprise Agile transformation consulting, today announced that it has acquired Davisbase Consulting, an Agile consultancy and Scaled Agile Framework (SAFe®) services firm based in Charlotte, N.C. This marks the second strategic acquisition by SolutionsIQ in the last 12 months, and positions the firm as the largest pure-play Agile consultancy in the industry. The combined company will employ more than 200 highly experienced and focused Agile experts, working from seven operations offices in Redmond, San Jose, Portland,Boston, Salt Lake City, Charlotte, N.C. and India. “No matter which industry you are in, Agile is quickly becoming essential to your business success,” said Charlie Rudd, CEO of SolutionsIQ. “Davisbase’s strong presence in the southeast and southwest, and their expertise in SAFe consulting and training, strengthens our ability to deliver a robust solution anywhere in the United States.” Davisbase Consulting, founded in 2007, focused on large-scale enterprise Agile transformations at Fortune 500 organizations primarily in the financial, healthcare and logistics industries. “We are excited to join SolutionsIQ and support its vision for advancing the Agile industry through successful Agile transformations,” said Steve Davis, CEO of Davisbase. “We can now offer greater career advancement for our team and a higher level of service for our clients. SolutionsIQ’s expertise with Lean Startup, Product Innovation and Organizational Change Management combined with our pragmatic approach to the Scaled Agile Framework positions us as the most comprehensive and well-rounded Agile consultancy in the U.S.” (http://www.prnewswire.com)

Tieto Oyj (Finland) acquired Imano AB (Sweden)
Deal Size: Undisclosed Industry: IT Consulting Date: November 2015
Tieto has acquired Imano AB, a Swedish consulting company offering consulting services and helping its clients in the paper and forest industries digitalize their business processes. The company has approximately 50 employees in Sweden and its revenue in 2014 was EUR 7.1 million (SEK 66 million). Tieto is currently the global leader in providing production and production planning systems, based on its own software, and one of the leading companies offering IT services to the pulp and paper industry in the Nordics. The acquisition supports Tieto’s objective of becoming the largest IT services provider in the paper and forest industries in Sweden and Norway. “Tieto has 40 years of experience working in the intersection of technology and business in the paper and forest industry. This acquisition complements our competence portfolio especially in the fibre sourcing business and enables us to expand our end-to-end solutions for the forest value chain from woods to end-user goods. The new consultancy capability provided by Imano will also open our business to new potential clients in Sweden and Norway,” says Henrik Reims, Head of Forest Industry at Tieto. “Imano is the leading consulting company in fibre sourcing in Sweden. By combining our deep industry expertise with Tieto’s global delivery and full stack of IT services, we can seize this great opportunity to continue to grow and offer customers new exciting solutions,” says Christer Lindqvist, Managing Director of Imano AB. (http://finance.yahoo.com)

RSM Malta (Malta) to merge with Spiteri Bailey & Co. (Malta)
Deal Size: Undisclosed Industry: Business Consulting Date: December 2015
Accountancy firm Spiteri Bailey & Co is merging with the member firm of RSM in Malta with effect from January 1, 2016. As a result of this merger, RSM will rank as one of Malta’s leading mid-tier firms. The new, combined RSM will employ a talent pool of around 100 qualified full-time professional staff in various disciplines, including accounting, law, IT, tax and risk management. The merged entity which will continue to be an active member firm of RSM International. It will have seven partners led by managing partner Maria Micallef and including Conrad Borg, Vladimiro Comodini, Joe Ellul Falzon, George Gregory, Karen Spiteri Bailey and William Spiteri Bailey. Commenting on the merger, Ms Micallef said: “In these past years RSM has in­vested heavily in building in-house the necessary specialist competencies to provide holistic services of quality to our clients. Merging with a firm like Spiteri Bailey & Co will enable us to expand our service portfolio to mid-tier companies that are seeking to expand their business both locally and abroad.It will also help to increase our staff base with competent resour­ces at a time when there is significant difficulty to recruit qualified staff.” (http://www.timesofmalta.com)

CBIZ, Inc. (USA) acquired The Cottonwood Group, LLC (USA)
Deal Size: Undisclosed Industry: Financial Consulting Date: December 2015
CBIZ, Inc. (the “Company”) today announced that it has acquired The Cottonwood Group, Inc. (“Cottonwood”), of Overland Park, Kansas, effective December 1, 2015. Founded in 2006, Cottonwood provides pension plan consulting, actuarial and investment services for institutional pension plans, retirement funds, endowment funds and foundations.  Cottonwood has 15 employees and recorded approximately $3.1 million in revenue over the past year. Janet Thompson of Cottonwood stated, “We look forward to joining a leading nationally recognized company like CBIZ.  We pride ourselves in providing our clients with superior customer service and now we will be able to offer the national resources necessary for them to compete in today’s market.  We think joining CBIZ will also give our associates more room to grow in their careers and that will directly benefit our clients as well.” Steve Gerard, Chairman and CEO of CBIZ stated, “We are very pleased to welcome Janet Thompson and John Dykes along with their highly experienced team of professionals to CBIZ.  Cottonwood has a stellar reputation and we look forward to further expanding our Retirement Plan Consulting business in one of our major markets.” (http://www.prnewswire.com)

Univar USA Inc. (USA) acquired Weavertown Environmental Group (USA)
Deal Size: Undisclosed Industry: Environmental Consulting Date: December 2015
Univar Inc., an Illinois-based chemical distribution company, has acquired all of the outstanding stock of Weavertown Environmental Group, the company announced late Tuesday.  Weavertown, based in Carnegie, provides environmental and consulting services, including hazardous materials transportation. The company employs more than 210 professionals and specialists, and operates from eight locations. Terms of the deal were not disclosed. “Industrial operations and municipalities are increasingly challenged by the regulatory complexities related to managing and preventing waste and environmental concerns,” said Erik Fyrwald, Univar president and CEO. “The acquisition of Weavertown Environmental Group enhances Univar’s offering of value-added environmental services with trusted expertise and experience that increases our capabilities and presence not only in the industrial services market, but also in key geographic markets across the U.S.” Dawn Fuchs, president and CEO of Weavertown, said in a statement that the deal with Univar was “the right fit for our clients, our employees and for Weavertown Environmental Group. (http://powersource.post-gazette.com)

Altran Technologies S.A. (UK) acquired Tessella Ltd. (UK)
Deal Size: Undisclosed Industry: IT Consulting Date: December 2015
Altran announced the acquisition of Tessella, an international analytics and data science consulting services organization. Tessella is known for finding and delivering innovative and pragmatic answers to the complex business and technical challenges of some of the world’s most forward-thinking organizations in the aerospace and defense, consumer goods, energy, life sciences and science research sectors. The company has long-term relationships with an impressive list of blue-chip clients, including key players Airbus Defence and Space, AstraZeneca, AkzoNobel, BP, GSK, the Science & Technology Facilities Council, Shell and Unilever. This acquisition comes in support of Altran’s new Strategic Plan, ‘Altran 2020. Ignition’. Providing customers with Augmented Value offers and solutions is at the heart of the plan, as is responding to the need to make the leading-edge engineering consultancy’s core capabilities available to clients globally. Tessella will operate as a World Class Center within the Altran Group, part of a landmark scheme that aims to create a global network of best-in-class Excellence centers. Tessella’s proven capability in data analytics will enhance Altran’s Intelligent Systems solution and VueForge™ offer, as explained by Dominique Cerutti, Chairman and CEO of the Altran Group: “As our global economy becomes increasingly data-driven, we know that we need to provide enhanced solutions to help our clients to derive tangible value from the exponential growth of machine-driven Big Data. Tessella’s unique knowledge and impressive team of high-quality data scientists will come to strengthen our VueForge™ offer, which is helping our customers to resolve business issues or capture opportunities. The integration of Tessella into our network of World Class Centers adds value to our global offer portfolio and ultimately to our customers, which is one of the drivers of our new strategic plan ‘Altran 2020. Ignition’”. (http://www.altran.com)

Wipro Cyprus Private Limited (Germany) to acquire Cellent AG (Germany)
Deal Size: Undisclosed Industry: IT Consulting Date: December 2015
Wipro, announced that it is acquiring Cellent AG, a leading IT consulting and software services company in Germany for 73.5 Million Euros. Wipro has signed an agreement with Landesbank Baden-Wuerttemberg (LBBW) to bring the deal to fruition. Cellent AG is a German-based IT consulting and software services company, which offers its IT solutions and services to customers in the DACH region of Germany, Austria and Switzerland for the past 14 years. Post acquisition, Cellent AG’s team of more than 800 consultants will become part of Wipro. “We welcome cellent to the Wipro family. Cultural synergies and locational proximity are key to building successful customer relationships. cellent is a well-established player with marquee customers, a well-known brand and has strong local talent. cellent will significantly boost our footprint in the DACH region, especially in the Manufacturing and Automotive domains,” said NS Bala, Chief Executive – Manufacturing and Hi-Tech, Wipro Limited. Dr. Peter Rohrbach, CEO, cellent AG expressed his thanks to LBBW for supporting cellent over the years and welcomed the acquisition by Wipro, and said, “cellent’s mission for continuous improvement has earned us the trust of our customers and opened up many new opportunities, which require global expertise and a wider range of IT services and solutions. By joining the Wipro family, we will be able to leverage Wipro’s vast services portfolio and its international network to meet our customers’ requirements end-to-end.” (http://tropicalpost.com)

Perficient Inc. (USA) acquired Enlighten (USA)
Deal Size: Undisclosed Industry: Digital Marketing Date: December 2015
Perficient, Inc. the leading digital transformation consulting firm serving Global 2000® and other large enterprise customers throughout North America, today announced it has acquired Enlighten, a $12 million annual services revenue digital marketing agency specializing in the development, implementation, integration, and support of digital experience solutions. The acquisition is expected to be accretive to earnings per share in 2016. “We are excited to strengthen our digital marketing capabilities with the strategic acquisition of Enlighten,” said Jeffrey Davis, Perficient’s chief executive officer and president. “Enlighten’s compelling capabilities, reputation for delivering excellent digital experiences, customer-centric mentality, and solid client roster ensure a strong cultural fit and compelling opportunities for accelerated growth moving forward.” (https://www.perficient.com)

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