Hitachi Consulting has bought international advisory firm Celerant Consulting. The acquisition of Celerant Consulting follows Hitachi's recently announced strategy aimed at building its global management consultancy capabilities. Celerant Consulting will be integrated in the 'Information & Telecommunication Systems Company' business unit (ITSC) of Hitachi.
Celerant Consulting is one of the largest specialised consulting firms in business operations and supply chain. Founded in 1987, Celerant Consulting has grown to approximately 600 consultants across 15 offices in Europe, Middle-East, North America, and South America.
Last year,Celerant Consulting was named a ‘Challenger’ in the field of ‘Business Operations Consulting Services’ by analyst firm Gartner.
Hitachi Consulting is the international management consulting and IT consulting unit of Hitachi. The firm was founded in 2000 after Hitachi bought the advisory practice of Grant Thornton in the United States. Since then Hitachi Consulting has grown strongly in the US through several transactions, including acquisitions of Arthur Andersen Business Consulting (2002), Dove Consulting (2005), Iteration2 (2007) and JMN Associates (2008). From 2005 onwards Hitachi Consulting pursued international expansion and established offices in the UK, Spain, Portugal, China and India. The advisory firm currently employs roughly 4,000 consultants.
"We are very pleased with the acquisition of Celerant Consulting. We believe the addition of Celerant's expertise will provide Hitachi Consulting with the ability to offer deeper knowledge and expertise to our customers" says Shinjiro Iwata, CEO at Hitachi ITSC. Phil Parr, CEO at Hitachi Consulting, adds: "By leveraging the power of Celerant's capabilities, Hitachi Consulting is well positioned to assist business leaders to prepare for strategic transformations, to complete successful organizational change programs, and to deliver significant benefits to their bottom line as a result".
"Celerant Consulting was founded on the philosophy that delivering results needs to be an obsession, and Hitachi Consulting clearly shares that same vision," says Patrik Sjostedt, CEO at Celerant."We have delivered successful, sustainable change for the world's leading companies for more than 25 years, and look forward to working with everyone at Hitachi Consulting to maintain and exceed these very high standards".