Infosys to complete acquisition of Brilliant Basics design outfit

15 August 2017 Consultancy.uk

Indian IT giant Infosys has confirmed its intention to buy London-based product design and customer experience outfit Brilliant Basics. While terms of the deal were not disclosed, the acquisition is expected to close during the second quarter of fiscal 2018, subject to customary closing conditions.

With offices in London and Dubai, Brilliant Basics is a global design and product studio, which works with clients around the world to create products aimed at simplifying everyday life. The company, which specialises in service design, user experience and technology, has previously worked with a number of financial services firms, including HSBC, UAE-based CBI Bank and National Bank of Abu Dhabi, has allowed us to create repeatable processes for building digital products and services.

Brilliant Basics has previously partnered with Infosys on projects, presumably showing collaboration between the two was a good fit, while making Brilliant Basics an ideal target for the Indian-headquartered IT consulting firm. Infosys is a world-wide technology services firm, which works with clients in 45 countries to create and execute strategies for their digital transformation. The organisation works on solutions from engineering to application development, along with knowledge management and business process management, with a team of over 198,000+ globally.

Infosys to complete acquisition of Brilliant Basics design outfit

The acquisition is part of a plan by Infosys to build a worldwide connected network of 'digital studios' that can help clients in industries such as financial services and retail prepare for the digital age. With rival consultancies such as Accenture setting out increasingly to buy into the potential money-spinner of the advertising world, design studios are becoming prey for consulting outfits on a regular basis. The appetite for design acquisitions has seen deal activity in the sector become one of the best ratios for year on year growth in consulting-related M&As in 2017. These studios are focused on fulfilling the needs of our global clients for end-to-end Digital Transformation solutions required to meet customer demand for next-generation enhanced customer experiences.

“Adding Brilliant Basics’ design and CX capabilities has already proven to be invaluable, helping Infosys close large deals with a deep blend of skills,” Infosys President Ravi Kumar Senior concluded. “Brilliant Basics will leverage the breadth and depth of Infosys Digital to drive Digital Transformation solutions, which connect our clients’ Systems of Record to new Systems of Engagement.”

Brilliant Basics Founder and CEO, Anand Verma added, “I am thrilled to be a key part of Infosys, a company I have admired for a long time. Being a key member of the Infosys family allows Brilliant Basics “bb" to enhance and scale the overall offering for our clients. Infosys has a unique vision and approach to partnership and acquisition, which will enable us to closely collaborate on Digital Transformation programs globally.”

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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.”