Delta Capita breaks 1,000 employee mark with JDX Consulting

06 January 2022 Consultancy.uk 2 min. read
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Delta Capita has acquired JDX Consulting, in a move that sees its headcount break through the 1,000 mark, twelve years after it launched.

Headquartered in London, Delta Capita has around 400 consultants and technologists that help players in the financial services industry with consulting, technology solutions and managed services. The addition of the larger JDX Consulting (around 700 employees across eight locations) now lifts Delta Capita’s revenues to $130 million, and takes its headcount to over 1,100.

JDX Consulting has a similar profile to that of Delta Capita. Founded around a decade ago, it also focuses on the financial services industry, and has a services portfolio spanning consulting, resource augmentation, technology and managed services.

Delta Capita breaks 1,000 employee mark with JDX Consulting

For Joe Channer, the CEO of Delta Capita, the bolt-on provides the firm with the depth and footprint to operate as a global partner for clients. He said that this acquisition "allows us to take on globally significant consulting and managed service engagements at scale.”

The acquisition establishes Delta Capita as a significant force in the capital markets segment in particular, which is one of JDX’s sweet spots. It also extends Delta Capita's offerings into the resource augmentation segment of professional services.

Regionally, the teams of Delta Capita and JDX Consulting are complementary. Both have an established base in the UK and Western Europe, and a presence in the US and Asia Pacific (Delta Capita is co-owned by Singapore-based Prytek).

“At JDX Consulting, we believe the combined firm now has the people, technology and solutions to much better address our clients’ needs,” said Jonathan Davies, the CEO of JDX Consulting.

The acquisition of JDX Consulting is the third acquisition completed by Delta Capita in the last 15 months, following two acquisitions in the Dutch market – those of management consultancy Voogt Pijl & Partners in 2020, and financial crime specialist International Compliance Partners last year.

Meanwhile, the combination of the two businesses will “provides a strong career path for all employees,” said Channer. This was a view echoed by Davies, who added that there are "considerable benefits for our staff in being part of what will now be a larger and more diversified organisation.”