Mercer buys employee engagement expert Sirota Consulting

09 December 2016 Consultancy.uk

Global HR consultancy Mercer has acquired Sirota Consulting, an international provider of employee engagement solutions. The acquisition bolsters Mercer’s strength and capabilities in talent management, as well as adds a range of employee engagement solutions to its portfolio. All of Sirota’s employees in four countries will make the transfer.

Founded in 1972, Sirota Consulting is a company that specialises in HR consulting. The firm’s advisory, research and technology capabilities span all aspects of the employee experience, including engagement, team effectiveness, leadership and culture. Sirota also has a number of proprietary tools and solutions that help clients get insight from engagement data, allowing them to support development and change. Today the consultancy serves more than 100 countries on six continents from offices in the US (New York, San Francisco), the UK (London), the Netherlands (Rotterdam) and Singapore. 

After more than four decades of operating independently, Sirota has decided to join Mercer, with more than 21.000 professionals in 45+ countries one of the globe’s largest HR advisors. “With Sirota’s highly regarded intellectual capital, global normative database, tools, and assessments, Mercer will be able to address current trends in the marketplace that will benefit organisations worldwide”, says Ilya Bonic, a President at Mercer. 

Mercer | Sirota Consulting

The move will in particular grow the strength of Mercer’s employee engagement offering – which focuses helping clients ensuring that their employees stay engaged and productive. In a period when the ‘war for talent’ has returned to the forefront of strategic agenda’s (see: Great career opportunities drive talent retention) and newer generations of workers are growingly sceptical of work-related factors, employee engagement has developed into one of the most important human capital issues facing business leaders today. Building engagement relies on a mix of data-driven employee survey research programmes and expertise, says Bonic, and, with the added capacities of Sirota Consulting, he highlights that Mercer is better positioned to deliver market-leading propositions. 

Commenting on the deal, John Mallozzi, Chief Executive Officer at Sirota, says, “Both Mercer and Sirota have the tools, technology, and insights to help organisations enhance their talent management programs and unlock the full potential of their workforce.” 

As part of the integration, Sirota Consulting has been rebranded as Mercer | Sirota. All employees will transfer to Mercer, with no restructuring efforts on the table for Sirota employees, says Lewis Garrad, a Singapore-based Managing Director at Sirota. “We are joining to add a consistent and enhanced level of global service to Mercer’s employee research and engagement practices. They will leverage our thought leadership, technology and expertise to deliver even better service to clients,” he remarks.

M&A by Mercer

Mercer, a wholly-owned subsidiary of Marsh & McLennan Companies, has over the past two years acquired a number of companies to ramp up its offering. Earlier in 2016 it bought UK-based The Positive Ageing Company and Workday specialist CPSG Partners, while last year Mercer closed three major acquisitions: that of Jelf Group (picked up from Marsh), Comptryx (a specialist in HR metrics) and Kepler Associates (a remuneration consultancy).

Profile

More news on

×

SQW Group purchases property-based regeneration consultancy

19 April 2019 Consultancy.uk

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.”