Huron Consulting Group seeks to acquire HSM Consulting

04 August 2016

Huron Consulting Group is seeking to acquire Massachusetts-based HSM Consulting for an undisclosed sum. The deal would provide Huron with expanded capabilities in the healthcare digitalisation space; the combined entity, able to provide almost all EHR technology solutions to clients. David Devine, HSM Consulting’s founder, would join Huron as a Managing Director.

HSM Consulting is a Massachusetts-based corporation, founded in 2005. The firm provides healthcare clients with operational and information technology consulting. The firm is focused on supporting healthcare providers’ transition to new information systems, as well as providing consultancy and management services. David Devine is HSM Consulting’s CEO; he leads a team of more than 100 consultants.

Huron Consulting Group seeks to acquire HSM Consulting

Huron Consulting Group recently announced it is close to closing a deal to fully acquire HSM Consulting for an undisclosed sum. The aim of the acquisition is to boost the firm’s capabilities in the area of the implementation and optimisation of technologies for the firm’s healthcare clients. The acquisition, in particular, will complement the firm’s current IT and electronic health record (EHR) consulting services, allowing the combined entity to cover almost all EHR technology solutions. David Devine takes on the role of Managing Director.

James H. Roth, Chief Executive Officer and President of Huron, remarks about the bid, “As hospitals and health systems continue the transition to value-based care, the drive toward improving cost, quality and the consumer experience is intensifying. To manage this transition, our clients must be able to collect, analyse and leverage patient data across their growing care networks. HSM will add new healthcare technology capabilities to our current implementation and optimisation services, allowing us to better support clients as they confront their most pressing IT challenges.”

Devine says that his team is “excited” about the possibility of joining Huron’s team. He adds, “Combining our businesses will allow us to tailor healthcare IT solutions to each client’s unique business and operational challenges”. “Together, Huron and HSM will be able to bring a broader set of solutions to providers and serve a wider range of technology needs,” he concludes.


SQW Group purchases property-based regeneration consultancy

19 April 2019

UK consulting firm SQW Group has completed its first acquisition since it completed a management buyout in January 2019. BBP Regeneration joins the company having collaborated with SQW for more than 20 years.

Established in 1983, SQW Group now operates all over the world. Comprising SQW, Oxford Innovation, Oxford Innovation Services – one of the UK’s leading innovation centre operators – and Oxford Investment Opportunities Network, the organisation’s origins can be traced to Britain’s two ancient university cities: Oxford, through Oxford Trust founders, Martin and Audrey Wood, and Cambridge, through SQW’s work in producing The Cambridge Phenomenon.

The consultancy specialises in public policy, working with entities from the public, private and voluntary sectors to research, develop, implement and evaluate social and economic development interventions. It now employs over 250 people across regional offices in London, Oxford and Edinburgh, and provides business support to over 4,000 entrepreneurs and small businesses each year. At the start of 2019, SQW secured its independence in a management buyout, advised on by M&A experts from Liberty Corporate Finance and Penningtons Manches.

SQW Group purchases property-based regeneration consultancy

SQW has strengthened its position as a provider of services across the business spectrum with the acquisition of BBP Regeneration. Founded in 1994, the consulting firm specialises in land and property-based regeneration and growth schemes, and is a leading social and economic development consultancy. 

The two firms first worked together over 20 years ago, when SQW and BBP collaborated to develop the first Regional Economic Strategy for the South East. More recently, they developed an economic strategy for Thanet and are now working together in locations stretching from Cwmbran via Oxfordshire to London.

With the addition of BBP, SQW can now provide an integrated advisory service for organisations developing property schemes which deliver economic benefit to their local area. By joining SQW, meanwhile, BBP hopes to further enhance its ability to support clients in delivering property and place-making ambitions. 

Speaking about the deal, SQW CEO David Crichton-Miller commented, “The UK more than ever needs solutions to the challenges of places – of high streets under threat, of meeting housing delivery targets, and of both economically over-successful and economically challenged towns and cities – and the combination of SQW and BBP is uniquely suited to developing those solutions. [This deal] brings together critical and complementary services relating to places to serve our clients with leading edge and practical advice.”

Andy Smith, Director of BBP Regeneration, added, “SQW shares with BBP the same values of seeking to provide outstanding, practical, real world advice that helps get buildings built and places developed.  We greatly look forward to the opportunities that come from joining our two organisations together.”