Consulting Sector M&A Deals for week beginning 7th December

businessman doing handstand on the beachThe TLM Group LLC (USA) merged with Rennaker Construction Consulting Inc. (USA)
Deal Size: Undisclosed Industry: Engineering Consulting Date: December 2015
The TLM Group LLC continues to grow to better service its clients nationally and internationally. With this in mind the company has announced that Rennaker Construction Consulting Inc. (“RCCI”) has merged with TLM. Combining these two companies provides customers with an expanded portfolio of unique and globally recognized service offerings in the mission critical industry. Both companies bring considerable talent to the mission critical industry and going forward are better positioned to serve our Clients’ needs. The company will continue to operate under the TLM Group LLC name and will maintain its main office in New York City. The TLM Group has been a trusted owner representative / project manager since 1999 counting many Fortune 100 companies as clients in the mission critical industry. TLM has managed mission critical projects with budgets upwards of $750 million and footprints of 5,000 sq ft to over 500,000 sq ft. RCCI recently completed a large data center in Sweden for a multinational social media client and will continue to service this client in multiple US and international locations over the next several years under the TLM Group LLC and TLM Mission Critical LTD entities. (http://www.missioncriticalmagazine.com)

Accenture plc (Ireland) to acquire Cimation LLC (USA)
Deal Size: Undisclosed Industry: IT Consulting Date: December 2015
Accenture (NYSE: ACN) has entered into an agreement to acquire Cimation, an affiliate of Audubon Companies and an Industrial Internet of Things (IIoT) consulting company that works in process automation, information technology (IT), and industrial control system (ICS) cyber security. Together, the companies will provide end-to-end services to transform industrial asset operations and maintenance for oil and gas, pipeline, chemicals, metals, and mining companies – from the sensors on field equipment, such as connected oil and gas wells, to boardroom performance reports. Terms of the transaction were not disclosed. The transaction supports the integration of enterprise IT systems and operational technology (OT) needed by resources industries to capitalize on opportunities such as automation solutions, production optimization, asset analytics, and ICS cyber security. As a result, companies can better maintain, operate, and optimize their wells, pipelines, refineries, chemical plants, and mines. Cimation’s approximately 200 people, most of whom are located in the US and Canada, will join the Accenture Asset and Operations Services group. The acquisition of Cimation marks Accenture’s second acquisition in recent months. In early November, Accenture completed its acquisition of Schlumberger Business Consulting (SBC), the management consulting unit of Schlumberger. For the upstream oil and gas industry, SBC provides consulting services in strategy, operations, people and transformation, capital projects, and mergers and acquisitions. (http://www.ogfj.com)

Jones Lang LaSalle Incorporated (USA) to acquire Big Red Rooster, LLC (USA)
Deal Size: Undisclosed Industry: Marketing Consulting Date: December 2015
JLL (NYSE: JLL) is set to expand its Project and Development Services (PDS) and Retail businesses with an agreement to acquire Big Red Rooster, a brand experience and retail design services company that creates multi-dimensional experiences for the world’s top retailers and consumer brands. The acquisition is consistent with the firm’s disciplined growth strategy and is expected to close in January 2016 subject to customary closing conditions. The acquisition will expand JLL’s project management and design services with dedicated brand experience and design experts who can serve a broad mix of retail, food service, grocery and healthcare companies across the United States. Named 2015 ‘Design Firm of the Year’ by Design Retail magazine, Big Red Rooster has earned a reputation for innovative customer experience and design with work for clients such as Under Armour, FedEx, T-Mobile, American Express and Nationwide Children’s Hospital. “Adding Big Red Rooster’s team of designers and brand experts gives JLL a new level of expertise and a unique understanding about how important the customer experience is today to retailers and other consumer-facing companies,” said Todd Burns, President of PDS, Americas, JLL. “This acquisition strengthens our project and development capabilities while adding further expertise to our retail multi-site and brokerage services.” Martin Beck and Aaron Spiess, who founded the company in 2002, will run the new arm of JLL’s PDS business in the Americas. Big Red Rooster’s entire staff of more than 100 strategists, designers, architects and digital experts is expected to join JLL. “Our business has grown dramatically since it began 13 years ago as companies have realized the need to create multi-channel experiences for their customers,” said Aaron Spiess, co-founder, Big Red Rooster. “The next step in our evolution is to integrate our strategy and design services with JLL’s project implementation processes to give clients a global and full-service experience for all of their retail brand experience needs.” Strategic acquisitions are part of JLL’s ongoing strategy to grow the company and better serve its clients. Recent acquisitions that have expanded the scope of JLL’s retail and project management services include Wilson Retail Group, Shelter Bay Retail Group and Martin Potts & Associates. (http://finance.yahoo.com)

Ceuta Healthcare Ltd. (UK) acquired 1HQ Limited (UK)
Deal Size: Undisclosed Industry: Marketing Consulting Date: December 2015
The Ceuta Group is a global, multi award winning full service outsourced sales and marketing solutions provider to the health, beauty, personal care and FMCG food & drink industry. 1HQ is a Windsor based brand strategy and design agency with packaging, shopper marketing and digital capabilities. With a long pedigree in the FMCG market, they work with major multinationals such as Unilever and Nestle, as well as retailers like Tesco. 1HQ’s expertise complements Ceuta’s unique world class ‘end to end’ service model – from their brand strategy, design and innovation, right through to the ‘sharp end’ of getting products on shelf and into baskets, through shopper insights, category analysis & management, retail logistics and shopper marketing activity. Peter Burrows, Vice President of International Business Development and M&A Integration commented: “The Ceuta Group has invested in acquiring a majority stake in 1HQ because it has a great reputation for the services it offers which are complementary to ours and in-line with our client’s needs. The business has a great culture and entrepreneurial spirit which fits perfectly with ours and that of our strategic business partners.” The investment will allow 1HQ to accelerate its plans for growth – not least in the opening of a new studio in New York in 2016, and also the development of Impackt, their Adaptive agency offer. Mark Artus, the 1HQ CEO says “Exciting times – both in the new opportunities, scale and geographical reach that this gives us, and in being part of a progressive, accountable and client-centric business that we believe is unique in the marketing services industry.” (http://www.consultant-news.com)

Gryphon Investors (USA) acquired Jensen Hughes, Inc. (USA)
Deal Size: Undisclosed Industry: Business Consulting Date: December 2015
San Francisco-based private equity firm Gryphon Investors has bought a majority stake in safety consulting company Jensen Hughes. Detroit-based Huron Capital Partners exited its four-year investment in Jensen Hughes via the sale. Huron has made a string of bolt-on acquisitions to Jensen Hughes since its 2011 buyout, and has seen the company’s revenues increase from $56m to more than $175m. CEO Phil Rogers and the remainder of the company’s management team have retained a significant ownership position in and will continue to lead Jensen Hughes after the closing of the transaction. The deal represents the second platform investment from Gryphon’s fourth middle-market-focused fund. In August, AltAssets reported that Gryphon was back in the market for its first flagship fundraise in almost a decade, with Gryphon Partners IV targeting around $600m. Baltimore-based Jensen Hughes is a consulting firm specialising in fire protection engineering, fire code consulting and related life safety services in commercial, institutional, and industrial facilities. Gryphon founder and CEO David Andrews said, “Our business services group’s proactive origination focus on niche engineering services companies and a couple of years of outreach to Huron Capital enabled us to expeditiously complete our underwriting of this recession-resistant business with numerous growth strategies which Gryphon is well-positioned to support with our capital and expertise.” (https://www.altassets.net)

Jacobs Engineering Group Inc. (USA) acquired J. L. Patterson & Associates, Inc. (USA)
Deal Size: Undisclosed Industry: Engineering Consulting Date: December 2015
Jacobs Engineering Group Inc. completed its acquisition of J.L. Patterson & Associates (JLP), headquartered in Orange, California. Company officials did not disclose the terms of the agreement. JLP is a consulting and professional services engineering firm specializing in rail planning, environmental permitting, design and construction management. It provides services to numerous public transit agencies and is a major provider of professional consulting services to Class 1 railroads across the U.S. Jacqueline Patterson, president of JLP, founded the company in 1990 as a certified Women Business Enterprise/Disadvantaged Business Enterprise.  The acquisition significantly enhances Jacobs’ overall rail services capability, positioning the company in the top tier of rail professional service providers in North America. JLP’s design concentration in the West Coast combined with Jacobs’ national systems resources enables Jacobs to bid for full service programs in the growing U.S. West Coast rail markets, providing additional capacity to pursue the anticipated $17 billion commuter rail/transit capital programs. In particular, the acquisition increases the company’s capability in supporting planning, design and construction management for North America’s seven Class 1 railroads. Jacobs Senior Vice President Buildings and Infrastructure Randy Pierce stated, “We are delighted to welcome JLP to Jacobs. We are already very familiar with JLP’s outstanding credentials, having worked closely with it to deliver rail projects for many years. JLP is a premier rail company that has grown rapidly to become a recognized leader in rail consulting. JLP’s talented employees and its unwavering focus on quality, safety and client relationships align extremely well with our core values. As well as positioning us for Class 1 Freight rail opportunities, this acquisition means we can now leverage JLP’s customer service model to meet the expanding rail needs of our Industrial, Oil & Gas and Mining & Minerals clients.” President of JLP Jacqueline Patterson added, “We are delighted to be combining forces with Jacobs. This decision enables us to leverage the additional resources of the Jacobs network to meet the needs of our clients in a growing market. In addition, this move provides many additional opportunities for our employees to contribute to larger, more complex rail projects.” Jacobs offers full service rail consulting, providing all aspects of rail planning, environmental, design and construction services to most of the public and private railroads in the U.S. (http://www.gulfoilandgas.com)

Emtec, Inc (USA) acquired Summit Technology (USA)
Deal Size: Undisclosed Industry: IT Consulting Date: December 2015
Emtec, Inc., a leading consulting firm providing industry-specific transformative digital solutions, announces the acquisition of Summit Technology, effective November 30, 2015. Summit Technology, based in Athens, Alabama, is a healthcare-focused, Consulting and Managed Services firm, specializing in Oracle’s HCM, ERP and Cloud applications. “Summit has a track record of outstanding consulting and managed services within the Oracle PeopleSoft and Taleo space,” said Sunil Misra, President, Emtec. “Additionally, Summit’s deep expertise in the Healthcare industry will enhance Emtec’s ability to serve this rapidly growing market segment. We are proud to be part of the Emtec team and extending our capabilities in application implementations and managed services,” said Carl Hunt, CEO, Summit Technology. “We are also excited to introduce our clients to Emtec’s wide range of services in cloud, mobility and analytics.” The acquisition of Lucidity, and Intelenex earlier this year, created an early mover advantage in implementing Oracle Cloud Applications. This combined with deep mobile, analytics and industry expertise, Emtec is well positioned to be a “partner of choice” providing complete digital solutions to our clients. (http://www.businesswire.com)

Capita plc (UK) to acquire Work Group plc (UK)
Deal Size: Undisclosed Industry: HR Consulting Date: December 2015
Capita announces that it will acquire the consultancy and resourcing operations of Work Group plc in a trade and assets deal. The deal will bolster recent Capita acquisition ThirtyThree and create the UK’s leading employer branding agency. These Work Group plc operations currently provide employer branding and marketing to a range of high profile clients, with a particularly strong track record in employee engagement consulting and internal communications.  This capability and experience will enable the integrated ThirtyThree team to expand their offer to both sets of existing clients and to strengthen their proposition to expand into new areas of the marketplace. In particular, existing offices and capabilities in North America and Asia will enable both ThirtyThree and Capita’s wider recruiting business – particularly Capita Resourcing – to better meet the needs of existing multi-national clients and to win more global business. Capita will also acquire Work Group’s boutique candidate management and assessment operation, based in Colchester, which has a particular focus on graduate recruitment. This business will become part of Capita Resourcing, complementing an existing strength in the graduate recruitment market and providing a platform for further growth. (http://www.capita.co.uk)

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