Equiteq advises Analysys Mason's acquisition in Germany

At the start of March, news broke that German consulting firm Allolio & Konrad has been purchased by global advisory firm Analysys Mason. M&A experts Equiteq advised Allolio’s owners of the sale of the leading telecoms specialist consultancy.

Based in Bonn, Germany, Allolio & Konrad boasts 45 permanent employees, and in recent years its capacity to support IT transformations within the German banking and utility sectors has boosted its status as a leading partner to Europe’s telecommunications industry. Its key services include the design, management and assurance of major business support systems (BSS) and operational support systems (OSS) transformation programmes and large-scale, multi-year IT strategy initiatives, alongside solutions focused on performance and operations management.

The telecommunications industry finds itself in a period of upheaval as new technologies, new competitors and new expectations from consumers disrupt tried and tested ways of working. As a result, many consulting firms catering to the sector are having to bolster their capacity to meet with changing client demands. As such, Allolio quickly attracted the attention of Analysys Mason.

Analysys Mason is a management consulting firm dedicated to the telecoms, media and technology (TMT) sector, and has been rapidly expanding in recent years. It bolstered its offering substantially with the 2019 acquisition of Swedish consultancy Stelacon, US bolt-on AMI Partners in 2018, and the purchase of Nexia Management Consulting in the Nordics the year before that. The firm saw Allolio as a way to strengthen its expertise in TMT strategy, digital transformation, IT transformation and performance consulting, as well as in 5G and emerging technologies.

Equiteq, an M&A advisory firm for companies in the knowledge economy, advised the owners of Allolio & Konrad on the proposed sale. According to a release from Equiteq, the firm’s experts believe the deal means both firms are well-positioned to continue enhancing their reputation for delivering exceptional results for Europe’s leading telecom operators. The move is expected to complete later in March, subject to approval by the German Competition Authorities.

Sohail Ahmad, Managing Director at Equiteq, commented, “We are very pleased with the outcome for our client and the Allolio & Konrad team. Their sector expertise and long-term client relationships will facilitate accelerated growth via Analysys Mason’s complementary footprint. They are well positioned to continue enhancing their reputation for delivering exceptional results for Europe’s leading telecom operators.”

Meanwhile, Peter McMenemy, Managing Director of Allolio & Konrad, said of the deal, “This will significantly strengthen our offerings as our transformation and consulting capabilities will embed seamlessly with Analysys Mason’s deep telecoms industry expertise. Furthermore, being able to access Analysys Mason’s global research and insights will allow us to support our clients’ strategic priorities and ensure the best possible outcomes for them.”