Alsbridge acquires UK-based consulting firm Source

14 April 2015 Consultancy.uk

Texas-based consulting firm Alsbridge has bought UK sourcing advisory firm Source, in a move that significantly expands its UK presence and expertise. Source will gradually be rebranded as Alsbridge.

Source is an in 2010 established specialist sourcing advisory firm based in Oxford, the UK. The firm is specialised in providing IT outsourcing advice, business services outsourcing advice and sourcing assurance to both customers and providers of outsourced services. Source has customers including Amey, John Lewis, The National Trust, LCH Clearnet and Ucas.

Alsbridge is a management consulting firm that provides transformation, business processes, and sourcing advisory services to help businesses reduce costs and enable their businesses by optimising the way they work with their vendors. The US-based firm was established in 2003 and currently has over 250 consultants on four continents serving over two hundred clients a year.

Alsbridge acquires UK-based consulting firm Source

In line with its ambition to grow its UK footprint – last week Consultancy.uk highlighted the firm's ambition to triple its UK operations in 2015 – Alsbridge has decided to acquire Source. “This partnership with Source greatly enhances Alsbridge’s presence and capabilities in the growing UK* and European markets,” explains Chip Wagner, CEO of Alsbridge. “Equally important, we are delighted to join forces with a firm that shares our forward-looking philosophy and fundamental commitment to helping our clients succeed in a rapidly changing world.”

Commenting on the deal, Eleanor Winn, co-founder of Source, says: “By leveraging Alsbridge’s scale and depth of methodologies and data, we will enable significant growth and achieve our vision of redefining the outsourcing advisory space. Perhaps more important, we are in fundamental agreement with each other in terms of culture, opportunity, market position and alignment.”

The integration of the two firms will occur gradually, with Source taking on the Alsbridge brand. Once the incorporation of the two firms is complete, the combined entity will provide a range of services, including sourcing advisory, vendor management, network and provider support, and robotic process automation (RPA).

×

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.”