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M&A in consulting news in Europe | Page 2
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Civitta acquires US-based economic development consultancy J.E. Austin Associates
After spending more than fifteen years building its presence in the European market, Baltic-headquartered Civitta has now expanded into the world’s largest management consulting market.
04 November 2025
TH Global Capital Healthcare & Life Sciences advises Aqurance on sale to EY
TH Global Capital Healthcare & Life Sciences, a division of TH Global Capital, has completed a deal in Greece.
26 October 2025
EY acquires Greek life sciences consulting business Aqurance
Big Four firm EY has acquired Aqurance, a Veeva Premier Services Partner based in Greece.
25 October 2025
New Deal Advisors joins forces with longstanding partner Eight Advisory
New Deal Advisors, a Milan-based M&A and financial advisory firm, has become part of Eight Advisory.
03 October 2025
Grant Thornton businesses in France, Spain and Belgium join global platform
Grant Thornton Advisors, the company’s private equity backed global platform, has expanded with the addition of Grant Thornton’s member firms in France, Spain and Belgium.
02 October 2025
Capgemini boosts nuclear capabilities with acquisition of SEIMAF
Capgemini has acquired SEIMAF, an industrial engineering and technical consulting group with offices in France, the UK and Romania.
02 October 2025
Cedra expands into Denmark through partnership with Roesgaard and Inforevision
Following expansion into Norway, Cedra has now also launched in Denmark though a strategic partnership with local players Roesgaard and Inforevision.
25 September 2025
French railway specialist Adventec Consulting acquired by TMC
Adventec Consulting, a French railway sector specialist based in Lille, has been acquired by hightech consultancy firm TMC.
23 September 2025
Accenture buys French project management delivery firm Orlade
Accenture has acquired Orlade, a French company that provides advisory and project management services for capital projects.
22 September 2025
PwC divests SME business in Norway to IK Partners and local partners
After selling its Swedish SME business earlier this year, PwC has now also divested its Norwegian SME arm.
15 September 2025
TH Global Capital advises Fortezza Group on private equity buyout by Capital A
TH Global Capital has successfully completed one of its sale mandates in the Dutch market.
15 September 2025
German business of Grant Thornton picks Cinven as strategic growth partner
Grant Thornton’s German business has entered into a strategic partnership with private equity firm Cinven, marking the start of its next phase of growth.
12 September 2025
Azets acquires parts of KPMG’s audit and advisory business in Sweden
UK-based professional services firm Azets has completed the acquisition of parts of KPMG’s business in Sweden, focused on services to small and mid-sized businesses and government clients.
22 August 2025
Horn & Company boosts banking practice with addition of Investors Marketing
Horn & Company, a German management consulting firm, has acquired Investors Marketing, a banking-focused counterpart that will continue to operate under its own brand.
21 August 2025
HSO welcomes Bain Capital for next growth chapter at €1 billion valuation
HSO, a global Microsoft partner, has been acquired by Bain Capital, in a deal that values the Dutch company at around €1 billion.
19 August 2025
Valcon acquires Danish management consultancy Beyond Advisors
European consulting firm Valcon has acquired Beyond Advisors, a Danish management consultancy firm with around 20 consultants on its payroll.
19 August 2025
MHA completes acquisition of Baker Tilly’s South-East Europe business
UK-based professional services firm MHA has completed the acquisition of Baker Tilly’s businesses in Cyprus and Greece.
18 August 2025
Cedra launches in Norway following carve-out of Deloitte business unit
Swedish accounting and advisory group Cedra has launched in Norway through a carve out acquisition of Deloitte’s SMB business in the country.
11 August 2025
Eraneos buys Swiss banking consultancy firm abaQon
For the second time this year, Eraneos has turned to M&A to boosts its growth in Switzerland. The addition of abaQon adds around 30 consultants to its Swiss base.
07 August 2025
TH Global Capital advises INDEAVR on its sale to Marlabs
Bulgaria-headquartered INDEAVR has been acquired by Marlabs, a private equity investor. TH Global Capital acted as the exclusive financial advisor to INDEAVR’s shareholders.
06 August 2025
Excellera Advisory Group welcomes new investor for next chapter of growth
Italy-headquartered Excellera Advisory Group has welcomed a new investor – London-listed asset manager ICG – to help drive its next chapter of growth.
04 August 2025
Expertum expands SAP offering into HCM following Persolis acquisition
Belgian SAP consulting firm Expertum has expanded its footprint in its home base with the acquisition of Persolis.
30 July 2025
Adastra brings Carlyle on board for next chapter of growth
Adastra, a global IT consultancy and services provider with around 2,000 people, has been acquired by Carlyle, one of the world’s largest private equity companies.
22 July 2025
UHY enters Danish market with addition of Copenhagen-based Buus Jensen
UHY has expanded its footprint in the Nordic market with the addition of Buus Jensen to its network, marking its entry in the Danish market.
21 July 2025
Grant Thornton’s German arm assessing bids from US and UK member firms
The German business of Grant Thornton is on the verge of being acquired by either the company’s US or UK entity, with the competitive bid process to reach its close in the summer.
18 July 2025
Moore overtakes KPMG to join Belgium’s ‘Big Four’ after DNA33 acquisition
In Belgium, the Big Four are no longer the Big Four – thanks to the stellar rise of Moore.
18 July 2025
dss+ expands operations consulting practice with Proaction International
Global consulting firm dss+ has acquired Proaction International, a Canada-based operational performance management and coaching company.
17 July 2025
Org Group acquires Belgian ERP talent provider Enterprise Digital Resources
International professional services Org Group has acquired Enterprise Digital Resources, a Belgian staffing company specialised in the ERP and enterprise technology segments.
16 July 2025
Capgemini buys business process services company WNS for $3.3 billion
Global consulting and technology giant Capgemini is set to get even bigger following its $3.
11 July 2025
NIIT Learning Systems expands DACH business with MST Group deal
NIIT Learning Systems has completed the acquisition of Germany-based MST Group, a leader in learning services in the DACH region. The deal was closed for around €22 million.
10 July 2025
Sia doubles Dutch presence with acquisition of Precedence
Global consulting firm Sia has acquired Precedence, doubling its headcount in the Netherlands and adding new offices in Maastricht and Utrecht.
03 July 2025
RINA boosts maritime consulting business with purchase of Foreship
Engineering consultancy firm RINA has acquired Foreship, a Finnish company specialising in naval architecture and marine engineering. Financial terms of the deal have not been disclosed.
19 June 2025
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