Appointed by BearingPoint to introduce appropriate consulting firms to them from my network, I was delighted to be in at the start of this acquisition activity.
BearingPoint is a significant player in mainland Europe, most notably in France and Germany, and is growing fast in the UK. Our aim was to find consulting firms in the UK that would provide greater local capability in supply chain and similar services and also fit well with the existing horizontal capability teams and vertical practices of BearingPoint elsewhere in Europe.
LCP Consulting is an award-winning consultancy and the team there is seriously strong. They needed a home where they could spread their wings and grow more quickly.
This tie up is a great example of “1+1=3” – both organisations bring things to the party that the other has been looking for. Culturally, they fit well too and it was evident even at the first meeting that the two firms could create something special.
Well, the deal is now done and well done to all! I look forward now to seeing the special things being delivered in the market and the BearingPoint brand gaining increasing recognition in the UK as a result.
See here for BearingPoint’s press release.