Consulting firm Mercer has acquired CPSG Partners, a Dallas based IT firm specialised in Workday implementations. With the move Mercer expands its portfolio of Workday finance and HR services, across a broad array of industry segments and employers operating Financial Management and Human Capital Management solutions.
Workday services represents one of the key pillars of Mercer’s growth strategy in the technology consulting segment, and roughly a year after it picked up Workday specialist Jeitosa the consulting firm has further bolstered its capabilities in the field with the purchase of CPSG Partners. Founded in 1997, CPSG Partners is an IT consulting firm dedicated to the design and implementation of Workday solutions. The US based firm has in recent years booked strong growth – CPSG Partners can boast of several recognitions racked in of late, including a top 10 position in the IT Services nation-wide category of Inc.’s 5,000 list of Fastest-Growing Private Companies in America – and currently employs a team of nearly 200 Workday-certified consultants across offices in Dallas, Houston and San Jose.
“With the addition of CPSG, our successful and rapidly growing Workday practice will gain the scale to serve the largest clients and expand the scope of our services into the Middle Market as well as education and government sectors,” says Ilya Bonic, President of Mercer’s Talent business. Besides adding scale, the pickup enables Mercer – one of the globe’s largest HR consultancies – to further blend its consulting heritage with cutting-edge technology deployment skills, a combination which according to Bonic will empower Workday clients to “better manage their most important assets – their finances and people.”
From CPSG’s perspective, the joining of forces with Mercer will open up a range of new client opportunities, including a large untapped client base as well as significant cross-selling potential towards HR advisory and other transformation support services. Commenting on the integration of the two firms, which has already kicked off following the official deal announcement, Rohit Mehrotra, CEO and Founder of CPSG Partners, says: “Mercer, like CPSG, is hyper-focused on their employees and the quality of the client experience. I am looking forward to building a globally diversified, best-in-class Workday practice for our employees, partners and customers.”
Since October 2014 Mercer serves as a an Advisory Services Partner of Workday.