UK consultancy firm Moorhouse has added Dominic Tritton to its team. Tritton, who takes on the role of Principal within the firm’s Technology, Media and Telecoms practice, transfers from rival Accenture.
Dominic Tritton has more than ten years of experience in the consulting industry. After obtaining degrees from the University of Southampton (Law) and Durham University (Management) he started his career with Accenture in London. At the US-origin management and technology consultancy Tritton grew through the ranks, from Analyst to Senior Manager, a role he was handed during Accenture’s 2012 career performance cycle. At the company, Tritton supported major business transformation programmes, with a focus on the Technology, Media and Telecoms (TMT) sector. In his most recent role he supported Vodafone UK with enhancing their IT technology capabilities in order to improve go-to-market performance of new products.
After more than 10 years with the firm, Tritton has decided to take on a new challenge, and earlier this month joined Moorhouse, a London-based management consultancy. “Dominic joins Moorhouse at a really exciting time and will be a key part of the sector leadership team as we further build on our experience and track record in delivering transformational change with clients across the TMT sector,” comments Richard Brackstone, TMT sector lead at Moorhouse. In his new role as Principal, Tritton will be responsible for further building the firm’s footprint in the TMT consulting market (estimated to be worth roughly $5 billion globally), as well as leading client engagements and contributing to internal practice development.
One of the key functional offerings Tritton will play a role in is post-merger integration. According to Richard Goold, a partner at Moorhouse, the radical change hovering above TMT players is sparking a “wave of M&A activity”, with in particular large transactions thrusting the market. A analysis from PwC released on Monday reveals that TMT deal value in the US totalled $39 billion in Q1 2015, more than double the $16 billion realised in the same period last year. 90% of the deal value can be attributed to just six megadeals (over $1 billion), including the acquisition of Bright House Networks by Charter Communications ($10.8 billion) and the acquisition of Verizon’s Wireline Operations ($10.5 billion) by Frontier. Figures for Europe have not yet been released by PwC, yet the outcome is set to portray a similar, strong upwards trend in M&A activity, with the $16.6 billion Nokia Alcatel-Lucent the absolute blockbuster.
“The real winners of this surge of M&A activity are the organisations that manage the post-merger integration successfully. At Moorhouse we have extensive experience of managing post-merger integration programmes and the addition of Dominic comes at a time when we are seeing more clients requiring best-in-class integration support,” adds Goold.
Earlier this year Baringa Partners, another London-based management consultancy, unveiled it was entering the TMT advisory market in a move to capitalise on the growing potential for transformation services. To lead its aspirations the firm poached Guy Dent from Deloitte, where he served as a partner in the Big Four’s TMT practice.