The Progress Group and Supply Chain Cover rebrand as Crimson & Co

24 May 2017 Consultancy.uk

Supply chain consulting firms The Progress Group, a consultancy with offices in the US and India, and Supply Chain Cover, an Australia based player, have rebranded as Crimson & Co. The move builds on partnerships of more than two years, and, with the full integration, Crimson & Co significantly ramps up its presence in the global supply chain consulting market.

In the fourth quarter of 2014, Crimson & Co, a supply chain consulting firm with at the time offices in the UK and Singapore, agreed partnership agreements with both specialised consultancies. With the move, the London headquartered firm – Crimson & Co was established in 2003 as a breakaway from PwC’s operations consulting arm – aimed at growing its international presence in the wake of a new growth strategy as a response to the growing globalisation of consulting services.

The alliance with The Progress Group (TPG) was aimed at establishing an on the ground presence in North America and India. Established in 1991, with office in Atlanta (Georgia, US) and Mumbai, TPG provides services to corporates as well as mid-market clients, ranging from strategic planning and operations design to cost reduction, warehousing and transportation, technology, process improvement and programme management. “By joining Crimson & Co, we will be able to offer our existing clients more services over a wider geographical scope, which means that we will be able to create even more value for them”, said Bruce Strahan, who was President of The Progress Group at the time.

The joining of forces with Australia based Supply Chain Cover was geared at establishing a local footprint in Australia and New Zealand. Located in Melbourne, Supply Chain Cover advises clients across ‘Australasia’ on procurement, planning, manufacturing, logistics, supply chain systems and supply chain strategy.

The Progress Group and Supply Chain Cover fully integrate into Crimson & Co

Roughly 2.5 years into their partnerships, Crimson & Co’s CEO Richard Powell has unveiled that the two boutique advisories have been fully integrated into the firm’s operations. “We started our global partnership journey in 2014 and it has gone from strength to strength, enhancing our capabilities and giving us insight into markets at a local level”, he said.

The Progress Group: US and India

Commenting on the integration of TPG’s US arm, Powell said, “TPG is one of the leading supply chain consultancies in the US and delivers tremendous results for its clients. Over the past two years, they have delivered significant value to Crimson & Co’s global client base, especially with their deep expertise in the retail sector and warehouse design. This next step now means that we have a seamless, fully integrated service for our clients in the US.”

On TPG India, he added, “We have worked with the Mumbai team on a range of client projects. This next step in our strategic business relationship increases the value we can bring to our clients whilst also allowing for greater development and progression internally. We are excited about the opportunities for our clients and for ourselves.”

Now the Progress Group’s US director, Bruce Strahan said: “By working as close partners with Crimson & Co over the past two years, we have learned that our global reach and combined industry experience offers our clients a significantly enhanced depth of value.”

Ravikant Parvateneni, the firm’s Indian leader, commented: “This reinforces to our Indian clients that we are a truly end to end supply chain consultancy that has the skills, knowledge and experience to help support their global aspirations.”

Both country heads said they are “delighted” with joining Crimson & Co’s global ranks, adding “While we take the official name of Crimson & Co, our experienced local team and commitment to high quality and service will not change.”

Richard Powell - Crimson&Co

Supply Chain Cover: Australia and New Zealand

“The decision to become a Crimson & Co business was simple and logical and we are excited about the long-term prospects for our local and global clients and our people”, said Frans Verheij, a former PwC consultant who founded Supply Chain Cover eight years ago. The firm is today co-led by Peter Quine, who joined in 2012 from Australian retailer Coles – both directors have extensive experience in worldwide supply chain development and consultancy and head up a team with over 200 years’ supply chain experience across Australia and New Zealand.

Powell: “The integration celebrates the success of the particularly close relationship between Supply Chain Cover and Crimson & Co over the past year. We share a common approach to consulting and a single belief that the only thing that matters is making a real difference for our clients. We are thrilled that Supply Chain Cover has integrated into our global business.”

“Our global partnership has proven valuable for our clients by enhancing our capabilities worldwide, as we continue to work towards our strategic vision. We are pleased to be taking this next natural step in solidifying our global brand.”

Besides its offices in London, Atlanta, Mumbai and Melbourne, Crimson & Co also has hubs in Singapore (opened in 2014) and Brazil (launched in 2015). Its clients are typically blue-chip organisations such as Sony, Diageo, Carlsberg, BAT, GSK, Tesco and Merck.

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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.”