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M&A in consulting news in Europe
An overview of consulting news in the category M&A in consulting in Europe:
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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 office
31 March 2026
Grant Thornton Advisors adds Danish member firm to its platform
The Danish organization of Grant Thornton has become the next member firm to join Grant Thornton Advisors, the company’s private equity-backed multinational platform.
27 March 2026
Andersen Consulting partners with Spanish groups A3Sec and Ambit Iberia
Andersen Consulting has expanded its footprint with the addition of three Spain-headquartered collaborating firms, strengthening its capabilities in cybersecurity and life sciences.
27 March 2026
Roland Berger grows battery consulting arm through acquisition of Alexec Consulting
Global strategy consulting firm Roland Berger has acquired Alexec Consulting, a Polish-origin boutique specialising in the automotive and mobility sectors.
11 March 2026
Capgemini acquires international manufacturing specialist Piterion
Capgemini has acquired Piterion, an international firm specialized in product lifecycle management and industrial digitalization.
10 March 2026
The Ensur Company boosts Dutch presence with acquisition of flexIQ
The Ensur Company, a consulting group focused on pensions and insurance, has taken a major step in its Dutch expansion ambitions with the acquisition of flexIQ.
10 March 2026
Future of Work Group takes majority stake in Milan-based GreatPixel
Future of Work Group, an Italian human capital-focused consulting group, has acquired a majority stake in GreatPixel, a brand engagement consultancy based in Milan.
05 March 2026
Italian HR consultancy and payroll provider Codeas bought by SD Worx
Codeas, an Italian HR consultancy and payroll provider, has been acquired by SD Worx, with revenues of €1.3 billion one of Europe’s largest HR and payroll solutions groups.
05 March 2026
Nova Reperta welcomes new shareholder and partner group for next growth chapter
Nova Reperta, a management consultancy with offices in Brussels and Amsterdam, has welcomed a new strategic investor.
25 February 2026
Argon & Co acquires German implementation specialist Algol Consulting
In its third German deal in three years, global operations consulting firm Argon & Co has acquired Algol Consulting, a 30-person firm specialised in process optimisation and implementation.
19 February 2026
Boutique Swedish consultancy Ctrl Digital bought by multinational Havas
Ctrl Digital, a Swedish consultancy specialised in marketing and media analytics, has been acquired by Havas, a global advertising and public relations group.
12 February 2026
Danish management consultancy Kvadrant Consulting acquired by Elixirr
Kvadrant Consulting, a Danish management consultancy firm from Copenhagen, has been acquired by Elixirr, an international group with 14 offices around the world.
02 February 2026
Dutch and Belgian businesses of Baker Tilly come together under one roof
The Dutch and Belgian businesses of Baker Tilly have agreed to merge and form a single organisation.
30 January 2026
Belgian AI consultancy ML2Grow acquired by delaware
IT consulting firm delaware has completed an acquisition in Belgium. The bolt-on of ML2Grow expands the firm’s capabilities in artificial intelligence and machine learning.
30 January 2026
European player emagine buys 400-person Dutch consulting group Waada
European consulting company emagine has acquired Waada, a Dutch group with more than 400 professionals based across the Netherlands, the United Kingdom, and India.
28 January 2026
EPSA’s Dutch subsidiary Boer & Croon buys operational excellence specialist
Dutch consultancy firm Boer & Croon, part of the EPSA Group, has acquired Accelerant Consulting, an Amsterdam-based firm specialized in operational excellence and performance improvement.
20 January 2026
Teneo takes majority stake in Danish strategy and M&A boutique Clarity Partners
Global professional services firm Teneo has expanded its European Management Consulting business through a majority investment in Clarity Partners, a boutique consulting firm with a presence in the N
14 January 2026
The Ensur Company expands Dutch presence with acquisition of Colosseus Consult
The Ensur Company, a consulting group dedicated to the insurance and pension sectors, has expanded its presence in the Dutch market with the acquisition of Colosseus Consult.
09 January 2026
EY acquires German finance consulting firm Qiado
Big Four firm EY has acquired Qiado, a Germany-based finance and digital transformation consulting firm with around 40 staff.
07 January 2026
TH Global Capital advises ServiceNow partner The Cloud People on sale to NTT DATA
The Cloud People, an international ServiceNow partner with offices around the world, has been acquired by NTT DATA. The sale was advised on by TH Global Capital, a global investment bank.
21 December 2025
ServiceNow partner The Cloud People acquired by NTT DATA
The Cloud People, one of Europe’s larger independent ServiceNow partners, has been acquired by NTT DATA.
19 December 2025
nlmtd welcomes strategic design agency State of Tomorrow to group
Dutch consultancy firm nlmtd has welcomed strategic design agency State of Tomorrow to the group.
16 December 2025
Horváth acquires Studicon to strengthen AI capabilities and launch Horváth.AI
Horváth has acquired Studicon, a Stuttgart-based company specialising in AI consultancy and software services.
11 December 2025
Valcon acquires Swedish data and AI firm Bricobomba
In its second Nordic deal this year, Valcon has acquired Bricobomba, a Swedish consulting firm specialised in data and artificial intelligence.
05 December 2025
Norwegian consultancy Bekk returns to independence with private equity investor
Bekk, a technology and management consultancy in Norway, has partnered with private equity investor Axcel to return to independence.
02 December 2025
Civitta expands Lithuanian business with addition of funding specialist NPR
Hot on the heels of its expansion into the US, pan-European player Civitta has now closed a deal closer to home.
29 November 2025
Emixa expands into Nordics with acquisition of Stockholm-based Nextage Group
International consulting firm Emixa has expanded into the Nordics with the acquisition of Nextage Group, a Stockholm-based firm focused on the manufacturing sector.
26 November 2025
TH Global Capital advises TestDevLab on its strategic sale to Xoriant
TestDevLab, a quality engineering and software development company from Latvia, has been acquired by Xoriant. TH Global Capital acted as the exclusive financial advisor to TestDevLab’s shareholders.
25 November 2025
Data and AI consultancy Artefact wins award for strong growth in Dutch market
Following a period of rapid growth in the Dutch market, the French Chamber of Commerce in the Netherlands has awarded data and AI consultancy Artefact its Business Development Award.
14 November 2025
Swedish management consulting firm Level21 acquired by TMC
Level21, a 50-person Swedish management consulting firm, has been acquired by TMC, a global high-tech-focused consultancy firm with offices around the world.
13 November 2025
Grant Thornton Advisors welcomes 1,200-strong Poland member firm to its network
Continuing its expansion around the world, Grant Thornton Advisors has added the network’s Polish business to its ranks, welcoming more than 1,200 accountants and advisors.
07 November 2025
4most acquires Netherlands-based VB Risk Advisory
4most, an international consultancy specialising in the banking sector, has acquired VB Risk Advisory, a Netherlands-based risk consultancy with around 25 professionals.
06 November 2025
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