Deloitte Advisory buys life science compliance firm CIS

23 July 2015 Consultancy.uk

Deloitte Advisory has bought life sciences compliance consulting firm Compliance Implementation Services. The deal will strengthen the firm’s compliance services provided to its life science and healthcare clients. CIS will be added to Deloitte’s Risk and Financial Advisory practice.

Compliance Implementation Services (CIS) is an in 2005 founded US-based compliance and revenue optimisation consulting firm for the life sciences and healthcare industry. The firm provides solutions that focus on compliance and risk, revenue management, and technology-driven managed services. CIS clients include companies in Pharmaceutical, BioTech and MedTech, and range from clinical-stage companies to mature manufacturers. The firm has offices in Philadelphia, PA, and Raleigh, NC.

Deloitte Advisory buys CIS

In line with its ambition to offer its life sciences clients improved services to manage risks, in an ever shifting and more complex regulatory landscape, Deloitte decided to acquire CIS. The firm will be added to Deloitte Advisory, as part of its regulatory compliance market offering, and operate under the name ‘CIS by Deloitte’.

Commenting on the deal, Owen Ryan, CEO of Deloitte Advisory, says: “The companies we serve are facing a rapid pace of regulatory change. These clients know the potential impact that non-compliance can have on their brand and reputation and, ultimately, their business. The addition of CIS to Deloitte enables us to empower clients in the life sciences and health care industry with innovative managed solutions and top-quality advisory services to help them navigate these changes successfully.”

Owen Ryan, Jennifer Maltesta and Mel Walker

Jennifer Malatesta, Principal of Deloitte Advisory’s Life Sciences Sector, adds: “We are focused on delivering value to our clients.  CIS’s suite of services enables clients to achieve compliance while staying laser-focused on their businesses. We are thrilled to introduce CIS by Deloitte and will continue to foster innovative approaches to managing our clients’ ever-growing regulatory challenges.”

For CIS, joining Deloitte will allow it to expand its footprint and offering, Mel Walker, CEO of CIS, explains: “CIS’s commitment to monitoring industry regulations in support of clients mirrors Deloitte’s commitment to the same. Together with Deloitte, we will be able to broaden our global reach, and offer more impactful services in compliance and risk management.”

Second acquisition
This is the second US acquisition for Deloitte Advisory in a short period of time. Just a few weeks ago, the firm added US-based customer experience measurement services firm LRA Worldwide to its Strategic Risk Services practice.

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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.”