17 consultancies partner with Mobile World Congress

03 March 2015 Consultancy.uk

Yesterday the Mobile World Congress kicked off in Barcelona. More than thousand executives and professionals active in the broader mobile ecosystem have travelled to Barcelona, Spain, to stay on par with the latest trends and developments in the industry. 17 consultancies have signed up as sponsor and/or exhibitor partner of the event.

Every year the GSMA – an association that represents nearly 800 operators worldwide and more than 250 companies in the broader mobile ecosystem – organises the Mobile World Congress (MWC). The event has in recent years grown to one of the globe’s largest and leading congresses in the telecom and mobile space. This year’s event includes among others a range of keynotes and panel discussions, a product, consultancy and technology exhibition featuring more than 1,900 exhibitors, as well as ‘4YFN’, a special sub-section focused on startups and investors.

Mobile World Congress 2015

Central theme for this year’s 3-day event is ‘The Edge of Innovation’, relating to the fact that many of the world’s major technology breakthroughs are driven by innovations from the mobile communications industry. From wearable devices to connected cars and homes, mobile technology is at the heart of connectivity and innovation. Several big names from the industry have been lined up to provide a keynote, including Facebook founder Mark Zuckerberg, Deutsche Telekom CEO Timotheus Höttges, Ericsson CEO Hans Vestberg, Telefónica CEO César Alierta and Wikipedia founder Jimmy Wales.

Zuckerberg - Hottges - Vestberg - Alierta and Wales

Consultancies at MWC
For consulting firms, the event provides the ideal moment to showcase their thought leadership, to learn from best practices from other experts in the field, and to come into contact with leaders in the mobile industry. This year, three consultancies have committed themselves as a key sponsor / partner of the Mobile World Congress: EY, IBM and Tata Consultancy Services, the fastest growing brand in the global IT services landscape.

EY - IBM and TATA Consultancy Services

In addition, fourteen consulting firms have grasped the opportunity to display their expertise and services on the exhibition floor, including strategy consulting firms McKinsey and BCG, large service providers such as Accenture, Altran and Atos, and Big 4 firms Deloitte and PwC.

Consultancies partner with Mobile World Congress

On top of the consulting firms formally present on the ground, dozens, if not hundreds of consultants from across the globe have made their way as an attendee, eager to learn more about the industry’s future and network with (potential) clients, and in the case of a lucky few, to attend the official MWC party (tonight) at Barcelona’s The Italian Pavilion, Fira Montjuïc.

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Grant Thornton advises on deal for high-growth cloud hosting firm

08 April 2019 Consultancy.uk

Grant Thornton’s North West Corporate Finance team has completed its first TMT deal of 2019. The professional services firm advised the shareholders of Hosted Desktop UK on their investment from specialist SME lender Beechbrook Capital.

Technological disruption and changing consumer behaviour have continued to affect top Technology, Media & Telecommunications (TMT) players in recent years. The industry has seen revenues border on stagnation over the past decade, at 0.4% annual growth since 2008. While the industry is keen to develop new digital services and models to meet market challenges, they face a range of barriers – meaning the recruiting of talent specialising in innovative software and technology has become a key goal for the industry.

Amid this, Hosted Desktop UK (HDUK) provides cloud computing services to small and medium sized businesses across the UK. The firm’s cloud solutions provide businesses with IT reliability, flexibility, value for money and business continuity. As the firm bids to grow in the UK, with demand for its disruptive technologies high, HDUK has secured a key investment from specialist SME lender Beechbrook Capital.

Grant Thornton advises on deal for high-growth cloud hosting firm

The transaction was Beechbrook Capital’s maiden deal from its latest UK SME credit fund, which supports small and medium-sized businesses in the UK with EBITDA of £1 million and above. Manchester law firms Pannone Corporate (sell-side advice, led by Mark Winthorpe) and DWF LLP (buy-side advice, led by Jonathan Robinson) also advised on the deal, while Grant Thornton’s North West Corporate Finance team advised HDUK’s shareholders.

The deal represents the Grant Thornton branch’s first TMT deal of 2019, with a team comprised of Partner and Head of Corporate Finance Peter Terry, Manager Daniel Brecker and Assistant Manager Cariad Mudford advising HDUK shareholders on the investment. It is the third key deal in the TMT sector that the GT North team has advised on in the last 18 months, following the £16.5 million sale of Salford-based Sonassi to Iomart in December 2017 and NorthEdge Capital’s investment in Yorkshire company iPortalis in August 2018.

Grant Thornton’s Peter Terry said of the news, “As our domestic and working lives become ever-more technology dependent, it’s no surprise that there continues to be strong investor interest in any asset in the cloud computing, data infrastructure and connectivity space… We were pleased to work with Beechbrook Capital on the first deal in its new fund. It shows that despite the well-documented uncertainties in the economy there are still good funding options for dynamic SMEs and their management teams.”