Consulting Sector M&A Deals for week beginning 22nd September

businessman doing handstand on the beachRPS 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

Consulting Sector M&A Deals for week beginning 8th September

businessman doing handstand on the beachVertex Resource Group Ltd. (Canada) acquired Navus Environmental Inc. (Canada)
Deal Size: Unspecified Industry: Environmental consulting Date: September 2014
Vertex Resource Group Ltd. is pleased to announce that it has acquired Navus Environmental Inc., an environmental consulting firm servicing the oil and gas and mining industries, within Alberta, British Columbia and Saskatchewan. Navus employs over 100 professionals from its offices in Edmonton, Alberta, Fort McMurray, Alberta and Fort St. John, British Columbia. Founded in 2005, Navus is an industry leading environmental consulting firm specialising in remediation, environmental planning and reclamation. In addition to these core services, Navus’ professionals also specialise in spill response, hydrogeology, soil mapping, peat harvesting, botany, revegetation/restoration planning, wildlife, aquatics and geomatics. Terry Stephenson, President of Vertex stated: “In addition to complementing Vertex’s already well-established land and environmental consulting services, the acquisition of Navus will greatly enhance our service offerings and technical expertise in the oilsands and mining industries. We are really excited about the talented Navus management and staff that will be joining our organisation and believe this will be a very transformational acquisition for our environmental consulting practice; allowing us to better serve both of our customer bases. Cultural fit was a major deciding factor for both Vertex and Navus in contemplating this partnership. Navus has a well-respected reputation for superior customer service, innovation, teamwork and collaboration which aligns well with the culture at Vertex.” Vertex Resource Group Ltd. provides consulting, construction, and rental services to oil and gas, mining, utilities, infrastructure, and real estate sectors primarily in Alberta and Western Canada.

Ryan, LLC (USA) acquired Definitive Consulting Services (Canada)
Deal Size: Unspecified Industry: Management consulting / Strategy Date: September 2014
Ryan, a leading global tax services firm with the largest indirect and property tax practices in North America, announced that the Firm has acquired Definitive Consulting Services. The acquisition adds a team of experienced Canadian tax professionals to provide additional knowledge and client support that strengthens the Firm’s industry-leading Canadian Sales Tax practice. It also adds a large complement of respected Canadian companies to Ryan’s portfolio of clients across North America. “Ryan and Definitive clients will benefit tremendously from the unparalleled tax knowledge, expertise, and commitment to client service that our newly combined team of Canadian tax professionals will provide,” said Garry Round, Ryan President of Canadian Operations. “This acquisition launches a new phase of Canadian growth and market leadership for our Firm, and the professionals of Definitive will play a key role in our future success.” Ryan & Company, Inc. provides tax consulting services.

WorleyParsons Limited (Australia) entered into an agreement to acquire MTG, Ltd. (USA)
Deal Size: Unspecified Industry: Management consulting / Strategy Date: September 2014
WorleyParsons is pleased to announce an agreement to acquire MTG, Ltd. MTG is a US based management consulting firm in the oil and gas, petrochemicals and chemicals industries with operations in North America, the United Kingdom and Australia. MTG specialises in improving operational performance across every aspect of the exploration and production, midstream, refining and marketing, petrochemicals and chemicals industries. The company has a 30 year history of providing strategic management advice and will provide Advisian, WorleyParsons’ advisory business, with deep strategic skills in business transformation. David Henderson and Jim Nichols, partners of MTG, Ltd said: “On behalf of the MTG organisation, we are very excited to join Advisian and the WorleyParsons Group. The combined capabilities and resources of our two companies will enable us to broaden the services that we provide to our clients as well as expand our geographic footprint.” MTG, Ltd. provides consulting services for projects across various aspects of the exploration and production, midstream, refining and marketing, petrochemicals, and chemicals industries worldwide. WorleyParsons Limited provides professional services to the resources, energy, and industrial sectors. Continue reading