NTT DATA buys Carlisle & Gallagher Consulting Group

25 June 2015

NTT Data has acquired Carlisle & Gallagher Consulting Group, a US-based consultancy firm with seven offices across the country. The deal will see the two companies synergise their strengths in the financial IT market, predominantly in the US, to further improve client outcomes in terms of the rapidly changing IT landscape. The value of the deal has not been disclosed.

NTT Data is an in 1967 founded IT Services Company, with its global head office in Toyosu, Tokyo. The company provides consulting, application services, business process and IT outsourcing, and cloud - based solutions. The firm employs 76,000 professional staff in 40 countries around the world, with an aim of providing both global and locally relevant services. The company currently generates revenues of $100 billion, and provides services to 80% of the Fortune Global 100.

NTT DATA to acquire

Carlisle & Gallagher Consulting Group (CG) was founded in 2002, and provides management and technology consulting services for complex technology solutions for large financial services organisations, including more than half of the largest organisations in North America. The firm has more than 1,000 employees and had a yearly turnover of $103 million in 2014.

In line with its growth ambitions in North America, NTT DATA has acquired Carlisle & Gallagher Consulting Group, with financial terms and conditions not revealed. The aim of the acquisition is to use the synergies of both businesses to provide a full life-cycle offering to financial services clients on consulting issues. By bringing together the expertise in both businesses, NTT DATA will be better positioned to help clients deal with a fast changing business environment, set to be disrupted in coming years by technological innovation. The combined company’s new headquarters will move to Plano, Texas, US. 

“NTT DATA has more than $4 billion in financial services industry revenue from clients around the world and it’s the largest segment of our global business,” says John McCain, CEO of NTT DATA, Inc. “CG supplements our portfolio with deep financial services industry expertise and consulting service s and adds blue - chip clients that include 7 of the 10 largest banks in North America. This strategic move positions NTT DATA as a full -service business partner with the scope and scale to help our clients achieve expected business results.”

Bob Gallagher and John McCain

“Today’s financial services companies are looking to grow revenue in a market with increasing regulatory demands and technology savvy customers. They need a partner that not only understands their industry but can also deliver technology - enabled business outcomes,” says Bob Gallagher, president and CEO of CG. “NTT DATA’s broad IT services portfolio and expertise, along with its innovation and global reach, will enable CG to fully support our client needs.”

This is not the first management consultancy that has been acquired by NTT DATA. The company for instance bought London-based Design and Technology Consultancy, RMA Consulting in 2012, a UK firm that specialized in software design and delivery across multiple channels. In 2013 the global IT-giant purchased among others Madrid-based everis and Optimal Solutions Integration, a provider of SAP services headquartered in Texas, US.

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SQW Group purchases property-based regeneration consultancy

19 April 2019

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.”