CPM Partners and AMCO Solutions merge to form 450-person finance transformation group
CPM Partners and AMCO Solutions, two internationally operating consulting firms specialising in finance transformation, have joined forces to create a 450-strong organisation with more than 20 offices across Europe, the Middle East, Africa and Asia.
Both consulting groups support CFOs across the finance transformation lifecycle – from advisory and project delivery to technology implementation and managed services. The firms have deep expertise in corporate performance management (CPM) and rank among the leading partners of CPM software providers including Oracle, OneStream, CCH Tagetik, Pigment and SAP.
Alex Constantinescu, CEO of CPM Partners, said: “The combination of CPM Partners and AMCO strengthens our ability to support the CFO Office at a time when finance transformation is accelerating, by bringing together talented teams, complementary expertise and a shared commitment to helping clients navigate a more demanding and fast-evolving finance agenda.”
“For our people, this opens up broader opportunities to develop, collaborate and build across a larger international platform, while preserving the local proximity, strong teams and client focus that are core to who we are.”
CPM Partners is the parent company of two CPM specialist consultancies: Inplenion and Satriun. Inplenion was founded in Switzerland in 2006, while Satriun was established in the Netherlands in 2011. The two companies joined forces in 2022.
AMCO Solutions has a similarly merger-driven history. Its roots trace back to three firms: Denmark-based B-EYE Solutions (founded in 2006), Netherlands-based Agium EPM (founded in 2014), and Singapore-based WizProTek (founded in 2007). The three companies joined forces in 2018, and three years later the group rebranded as AMCO Solutions.
A merger of equals – with CPM Partners in the lead
The deal can broadly be considered a merger of equals. CPM Partners currently employs around 230 people across approximately 15 locations, while AMCO Solutions – which has a strong focus on OneStream solutions – has around 220 experts across 11 locations.
Technically, however, AMCO Solutions will become part of CPM Partners, which last year received a major financial injection from its majority shareholder, Deutsche Private Equity.
With the backing of Deutsche Private Equity, CPM Partners aims to grow into one of the world’s leading CPM consulting firms while remaining committed to its core values, which the company self-describes as client-centricity, deep technical expertise and an entrepreneurial mindset.
Key priorities on its strategic roadmap include accelerating growth in core markets, expanding into new geographies, strengthening strategic relationships with software partners and broadening the portfolio of services – with CFO advisory high on the agenda.
Jesper Kamstrup, Co-CEO of AMCO Solutions, said: “This merger creates opportunities for our clients, our partner ecosystem and, most importantly, our people. Together we can support larger and more complex enterprise programmes. We can build a more diversified CPM organisation while staying close to our clients and committed to delivery excellence.”
“Joining forces with CPM Partners gives us even greater scale and breadth to support larger client agendas across more geographies, while preserving the business culture, local focus and expertise that have made us successful to date,” added Pascal Walk, fellow Co-CEO of AMCO Solutions.
