iomart Group plc (UK) acquired SystemsUp Limited (UK)
Deal Size: $19 million Industry: IT consulting Date: June 2015
iomart, the cloud computing company, is pleased to announce that it has acquired the entire issued share capital of SystemsUp on a cash-free/debt-free basis with normalised working capital. SystemsUp is a London consultancy specialising in the delivery of IT transformation using Public Cloud. It boasts a range of expertise in the design and delivery of public cloud solutions and is a G-Cloud partner to Google, an authorised Government Partner to Amazon Web Services and a Microsoft Gold Partner. Angus MacSween, Chief Executive stated: “The market for cloud computing is becoming incredibly complex and the demand for public cloud services is increasing at pace. With the acquisition of SystemsUp, iomart has broadened its ability to engage at a strategic level and act as a trusted advisor on cloud strategy to organisations wanting to create the right blend of cloud services, both public and private, to fit their requirements.“
World Wide Technology, Inc. (USA) acquired Asynchrony Solutions, Inc. (USA)
Deal Size: Unspecified Industry: IT consulting Date: June 2015
Asynchrony, Inc., a technology consulting firm specializing in application development, mobile computing, systems and sensor integration, enterprise architecture, and tactical collaboration has been acquired by World Wide Technology, Inc., a market-leading technology integrator, from Schafer Corporation. As a part of World Wide Technology (WWT), the newly named Asynchrony Labs now offers enterprises a single provider that understands both the infrastructure and application side of technology initiatives; and the needs and concerns of both IT departments and lines of business. “This brings great value to both our employees and our clients,” said Bob Elfanbaum, Asynchrony co-founder and General Manager, Asynchrony. “A growing number of our customers need user-facing software solutions that integrate with complex back-end infrastructure. On demand access to WWT’s Advanced Technology Center (ATC) and engineers will let us innovate on both levels throughout an entire project.” WWT Asynchony Labs, a technology consulting firm, specializes in application development, mobile computing, systems and sensor integration, enterprise architecture, and tactical collaboration. World Wide Technology, Inc., a systems integrator, offers technology and supply chain solutions to federal government, state and local government, education, telecommunications, healthcare, retail, utilities, and oil and gas customers and suppliers worldwide.
NTT DATA, Inc. (USA) to acquire Carlisle & Gallagher Consulting Group, Inc. (USA)
Deal Size: Unspecified Industry: Management consulting Date: June 2015
NTT DATA, Inc., a leading IT services provider, announced it has signed a definitive agreement to acquire Carlisle & Gallagher Consulting Group (CG), a business and technology consulting firm that exclusively focuses on the financial services industry. Combining the two firms will strengthen their ability to provide a full set of lifecycle consulting and IT services that can address complex business issues and deliver strong business outcomes specifically for financial institutions in North America and around the world. CG is a leading financial services consultancy with a unique blend of industry expertise in consumer and commercial banking, wealth management and capital markets as well as proven consulting experience that delivers results. This expertise, coupled with NTT DATA’s broad technology depth, innovation and global reach, provides clients with a business partner that can help them adapt to changing market dynamics and implement business-based technology solutions that can drive growth and cost efficiencies. Carlisle & Gallagher Consulting Group, Inc. provides management and technology consulting, and complex technology solutions to the financial services industry in the United States. NTT DATA, Inc. provides information technology (IT) services.
CrowdSource Solutions Inc. (USA) acquired SideraWorks LLC (USA)
Deal Size: Unspecified Industry: Business consulting Date: June 2015
Swansea, Illinois, startup CrowdSource has acquired SideraWorks, a consulting firm focused on culture. “We are helping freelancers spend more time working and less time selling their services,” said Stephanie Leffler, CEO of CrowdSource, in a statement. “We are helping companies take the guesswork out of hiring freelancers. There’s still a great deal of pain and friction present on freelance marketplaces and it’s our job to remove that. Matt and his work are going to be a big part of helping make that happen. They have been analyzing organizational culture for years and will help us translate what works in an office environment to the world of online work.” SideraWorks LLC operates as a collaboration and social business consulting company. The company offers professional development programs for collaborators to improve collaboration skills; educates businesses on collaboration aspects through workshops and seminars to build a collaborative organization; and consults on collaboration programs and strategies, including the adoption of collaboration platforms to make collaboration technology successful. CrowdSource Solutions Inc., a crowdsourcing company, specializes in content solutions for online retailers, agencies, publishers, advertisers, service providers, and marketers.
Arthur J Gallagher & Co. (USA) acquired Solid Benefit Guidance, LLC (USA)
Deal Size: Unspecified Industry: HR consulting Date: June 2015
Arthur J. Gallagher & Co. has inked a deal to acquire employee benefits brokerage and consulting firm – Solid Benefit Guidance. The move marks an effort by the company to ramp up its employee benefits business. New Jersey-based Solid Benefit Guidance offers the U. S-based mid-market employers and managed care clients a wide range of pharmacy benefits and employee benefits consulting services. Therefore, the deal will undoubtedly be highly accretive to the acquirer. The insurance broker has been consistently boosting its employee benefits business. Its recent acquisitions of California-based e3 Financial and Alberta-based Vital Benefits Inc. reflect its endeavors in this respect. Arthur J. Gallagher is well known for consistently pursuing international expansion through acquisitions and the current quarter is no exception. The company’s buyout spree has taken its year-to-date tally to 18. Solid Benefit Guidance, LLC operates as a pharmacy benefit management and employee benefit consulting company that provides financial, clinical, and service components for pharmacy benefit and employee benefit management industries. Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance brokerage and risk management services in the United States and internationally.
Bucher & Christian Consulting, Inc. (USA) acquired Global Networkers Inc. (USA)
Deal Size: Unspecified Industry: IT consulting Date: June 2015
Indianapolis-based BCforward, a leading information technology solutions and staffing corporation, announced that it has purchased Global Networkers Inc., a thriving IT consulting firm based in Charlotte, North Carolina. Global Networkers, whose business focuses on areas of financial services, technology, industrial, consumer and technology-enabled business services, has become a unit of BCforward. Global Networkers’ office in Charlotte will continue to be maintained by BCforward. “I am pleased to formally welcome the professionals from Global Networkers to the BCforward team. Together we will provide exceptional service to our customers who count on us to deliver solid IT solutions,” said BCforward CEO & Founder Justin Christian. “This acquisition will allow us to continue to grow our operations and service both new and existing customers, particularly in the Southeast region of the United States.” Global Networkers, Inc. provides hardware & software integration, consulting, and staffing solutions. Bucher & Christian Consulting, Inc., doing business as BC Forward, provides consulting, outsourcing, and staff augmentation services in systems administration, project management, software development, and strategic IT planning.
WYG PLC (UK) acquired FMW Consultancy Limited (UK)
Deal Size: Unspecified Industry: Engineering consulting Date: June 2015
This significant acquisition enables WYG to expand its transport offering across the south and south west of England and south Wales. It further cements WYG’s status as one of the largest transport and infrastructure planning consultancies in the UK. FMW employs 17 staff and operates mainly from offices in Bristol, Cardiff and Manchester for clients including housebuilders Persimmon, Barratt Homes, Redrow, Dyson, and a number of retailers and commercial developers. This move is in line with WYG’s strategy of growing its core front-end consultancy offering through selective acquisitions. The range of expertise, clients and services offered by FMW complements perfectly that of WYG, thus enabling the company to enhance its transport services in key infrastructure, residential and energy markets. FMW Consultancy Limited offers advisory services on development and land use matters in the areas of transport, infrastructure, and flooding. WYG plc provides project management and technical consultancy services to customers in the public and private sectors in the United Kingdom, Europe, Africa, Asia, the Middle East, and North Africa.
Ridgefield Consulting Ltd. (UK) acquired Hunter Marshall & Company Ltd. (UK)
Deal Size: Unspecified Industry: Financial advisory Date: June 2015
The acquisition will see the existing business triple in size with the combined entity set to trade under the new name Hunter Thomas & Co at the existing offices in Botley. Simon Thomas, Managing Director at Hunter Thomas & Co, said: “We look forward to working closely with the team at Santander Corporate & Commercial and Hunter Marshall & Co as we broaden the range of services we offer to the local business community. Hunter Marshall & Co had a strong business reputation in the area and we are excited to demonstrate to our existing clients the benefits the merger will bring.” Kevin Farrell, Relationship Director at Santander Corporate & Commercial, said: “Simon Thomas and his father, Brian, have significant industry experience which has been a major contributing factor to the success of the business to date. Trading under the name Hunter Thomas & Co, the business will be able to build on its exemplary track record and ensure that the Oxford-based businesses are able to realise their future ambitions.” Both companies provide accounting services.
Lerch Bates Inc. (USA) acquired Joseph Neto & Associates, Inc. (USA)
Deal Size: Unspecified Industry: Engineering consulting Date: June 2015
Lerch Bates Inc., headquartered in Littleton, Colo., announced it has completed an acquisition agreement to purchase Joseph Neto & Associates, Inc. (JNA), headquartered in Midtown Manhattan, New York, New York. This merger expands upon Lerch Bates’ global leadership in consulting services for the building industry. Both entities are well known as specialized experts in elevator and escalator consulting and the combined resources of the two firms strengthen their positions in the tremendous New York market. “The addition of JNA to our presence in New York is extremely beneficial because of the quality reputation and excellent relationships the firm has developed over decades in New York City,” said Lerch Bates CEO and President Bart Stephan. “JNA has superior depth of technical resources and experienced personnel active in elevator and escalator new design, modernization, service and inspection businesses. We look forward to the future, leveraging the combined resources of Lerch Bates and Neto serving the elevator consulting needs of clients throughout New York.” Joseph Neto & Associates, Inc. provides vertical transportation consulting services for architects, developers, building owners, real estate management companies, healthcare and retail facilities, educational and financial institutions, hotels, public assembly, insurance companies, and attorneys. Lerch Bates Inc. provides elevator consulting services.
Crawford Advisors, LLC (USA) acquired workforcetactix, Inc. (USA)
Deal Size: Unspecified Industry: HR consulting Date: June 2015
Crawford Advisors, one of the nation’s largest and best-equipped full-service benefits consulting and brokerage firms, announces the acquisition of WorkforceTactix, Inc., a Maryland based employee benefits and HR professional services consulting firm. The firm’s 36 associates will join Crawford Advisors, but will continue to operate from their existing location in Sparks and Salisbury, Maryland. Founded in 1981, the Workforce team provides strategic expertise in health and welfare planning, voluntary benefits, human resource compliance, professional services and more. “We’ve developed a strong brand in the mid-Atlantic marketplace as a result of our strategy and talent, and have grown our platform based on feedback from our valued clients,” said WorkforceTactix CEO Christopher Swam. “As part of Crawford Advisors, we look forward to building upon our success by leveraging their national platform, gaining access to a broader selection of insurance products, and utilizing their enhanced client resources.” workforcetactix, Inc. provides employee benefits and insurance brokerage services in the mid-Atlantic region. Crawford Advisors, LLC operates as a benefits consulting and brokerage company that designs, implements, and administers health, life, disability, and voluntary benefit programs.
Armanino McKenna LLP (USA) agreed to acquire RBZ, LLP (USA)
Deal Size: Unspecified Industry: Financial advisory Date: June 2015
Accounting and consulting firm Armanino LLP is expanding into Los Angeles, merging with public accounting firm RBZ LLP. The deal combining San Ramon-based Armanino, the state’s largest independent accounting and business consulting firm with annual revenue of $155 million, with Los Angeles-based RBZ, a $40 million firm, gives the combined company locations in key metropolitan areas throughout California, the companies said. “We’ve got two elite teams coming together,” Managing Partner Andy Armanino said in statement. “And together we’ll blanket California and its largest markets. This also means a more comprehensive set of customized solutions for our clients.” RBZ, LLP is a public accounting firm that provides tax, accounting and auditing, and strategic business consulting services. Armanino McKenna LLP provides auditing and tax advisory services.
ViaWest, Inc. (USA) to acquire Applied Trust Engineering, Inc. (USA)
Deal Size: Unspecified Industry: IT consulting Date: June 2015
ViaWest, with 400 employees, provides colocation, managed services, cloud computing, and security and compliance services in 28 data centers in Colorado, Utah, Oregon, Nevada, Texas, Minnesota, and Arizona. AppliedTrust provides security, compliance, software development and infrastructure consulting services to a wide range of businesses and government clients. AppliedTrust, founded in 2001, will become a wholly owned subsidiary of ViaWest and will continue to be led by its co-founders and co-chief executives, Ned McClain and Trent Hein. “ViaWest is committed to adding new services and capabilities as part of our vision to be the North American leader in IT services,” said Nancy Phillips, ViaWest’s chief executive, in a prepared statement. “Combining with AppliedTrust allows us to provide customers with deep expertise that addresses their most pressing security and compliance needs, while keeping up with innovation and time to market.” ViaWest is a wholly owned subsidiary of Shaw Communications Inc. Last July, Canada-based Shaw Communications acquired ViaWest from Oak Hill Capital Partners and other shareholders for $1.2 billion. AppliedTrust, Inc. provides security, compliance, DevOps, and infrastructure consulting services to a range of enterprise and government clients. ViaWest, Inc. operates data centers that provide colocation, managed, and cloud services for small, medium, and large businesses in North America.
MiraMed Global Services, Inc. (USA) acquired Plexus Management Group, Inc and Plexus Information Systems, Inc. (USA)
Deal Size: Unspecified Industry: Healthcare consulting Date: June 2015
MiraMed Global Services, LLC (MiraMed), headquartered in Jackson, Michigan, is pleased to announce the acquisition of Plexus Management Group, Inc. (Plexus MG) and Plexus Information Systems, Inc. (Plexus IS). Plexus is the latest addition to join the family of MiraMed Global Services. Plexus MG is a consulting service and practice management organization that identifies and solves the technical, operational and strategic challenges that face hospitals and physician groups. Plexus IS, a leading anesthesia information management systems provider, developedAnesthesia Touch™, a comprehensive AIMS that works on an iPad and workstation, for use by hospitals, surgery centers and individual providers. Anesthesia providers can document their preoperative evaluation, intraoperative anesthesia care and post anesthesia discharge on one simple interface. Quality data capture, clinical decision support and staff resource management are some of many additional features. MiraMed, a full-service healthcare business process outsourcing (BPO) provider, believes the acquisition of these two companies will position MiraMed as an undisputed leader in the healthcare industry, from first point of care to claim adjudication. Tony Mira, MiraMed President and CEO explains, “MiraMed strives to provide a broad portfolio of customizable solutions. Our family of companies has been crafted strategically to provide end-to-end support, to improve productivity and ultimately increase value for our clients in the healthcare industry. Our subsidiary Anesthesia Business Consultants (ABC) offers practice management services to the anesthesia market. The addition of Plexus Management Group allows us to offer our clients an even greater breadth of services. And the addition of Plexus Information Services will provide synergy with ABC’s F1RSTAnalytics tool, allowing our clients an even greater level of technology than before with Plexus’ powerful Anesthesia Touch system.”
SOMOS Consulting Group Ltd. (USA) to acquire Maplesoft Group (USA)
Deal Size: Unspecified Industry: IT consulting Date: June 2015
SOMOS Consulting Group, Ltd., a management consulting and training company that provides advisory, support and professional services to companies, has entered into an agreement to acquire 100% stake in Maplesoft Group, a consulting firm that provides systems integration services to businesses. Both the companies are based in Canada. SOMOS Consulting is a subsidiary of Smart Employee Benefits, Inc. (SEB), a Canada-based technology company providing business processes software solutions and services to corporate and government clients. John McKimm, President/CEO/CIO of SEB states: “Maplesoft’s experience, resources and enviable references add to SEB’s growing Canadian presence. This acquisition is in line with our focus of deepening client relationships in government and healthcare across Canada. Maplesoft brings important client relationships, geographic diversification and complementary technology expertise that adds to SEB’s suite of solutions and services. Maplesoft’s management and workforce are very experienced and highly regarded in the marketplace, especially in the federal government where they have established important technology service offerings including such areas such as Cyber/IT Security.” Maplesoft Group provides systems integration services to businesses globally.
ManpowerGroup Inc. (USA) agreed to acquire 7S Group GmbH (Germany)
Deal Size: Unspecified Industry: HR consulting Date: June 2015
Manpower acquired 7S Group GmbH, and the acquisition is expected to close later this year for 136.5 million euros ($153 million) plus potential additional payments based on 2015 results from operations. In terms of revenue, the takeover of the 7S Group in the eastern German city of Jena is relatively small. Manpower, which ranks as No. 140 on the Fortune 500 list of largest U.S. companies, has annual revenue of over $20 billion, compared with $350 million for the 7S Group. But Germany is the industrial hub of Europe, said Mark Marcon, a securities analyst who tracks Manpower for Robert W. Baird & Co. Given Germany’s export-driven manufacturing economy, Manpower’s base in Germany is strengthened because the 7S Group focuses on skilled trades, engineering and IT. 7S Group GmbH provides human resource services in Germany and internationally. ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region.
Filed under: Consulting M&A Deals Tagged: consulting, deals, M&A, mergers and acquisitions, transactions
