Palladium Digital buys M&A consultancy onefourzero
M&A consultancy onefourzero has been itself acquired by business advisory Palladium. The move will enable both firms to connect with new clients, while offering new services to their customers.
The global digital transformation market continues to grow, thanks to the adoption of technology, such as big data analytics, Artificial Intelligence (AI), and cloud, over others, which has affected the exponential growth of all sizes of businesses throughout the globe. According to Market.us, the global digital transformation market was valued at $535 billion in 2022, and these trends will see it reach $3.3 billion by 2032, at a CAGR of 20.8%.
Founded in 2015, Palladium is a London-headquartered consultancy, focused primarily on digital change management. The firm assists clients with transitions of operation, from implementation through to board level, where its input also helps support both the cultural and commercial impact of digitally led change.
As Palladium looks to tap into the booming demand for digital services around the world, it has purchased onefourzero, a consultancy specialising in digital M&A consulting. Also based in London and founded in 2015, onefourzero helps private equity firms, portfolio companies and independent brands uncover opportunities at every point of the investment lifecycle. As investors consider backing digital firms to avail themselves of the inflation-busting growth digital services are enjoying, both onefourzero and Palladium are therefore well positioned to make the most of the opportunity.
Fleur Hicks, CEO of onefourzero, commented, “With onefourzero’s international commercial transaction advisory success and Palladium’s highly regarded value creation and go to market expertise, we combine to become the foremost data-led, tech-enabled advisory firm in the market. With offices across the globe and a combined network spanning all investment sizes, we are stronger together and a force to be reckoned with.”
The combined group will now create a leading provider of commercial, digital and technology transaction advisory, providing the market with unrivalled access to data led diligence, strategy consulting and value creation. With the arrival of onefourzero, Palladium expands into the commercial arena, adding an operations unit in New York and Boston, complimenting Palladium’s existing footprint in the UAE – with further growth planned for central Europe and Singapore in early 2024.
Palladium’s CEO, James Prebble, added, “We are thrilled to welcome onefourzero to the group. Two leading disruptive, data-led, digital-first advisory firms joining forces will provide our clients with a huge competitive advantage when it comes to the provision of digitally-led commercial insights. From origination to market mapping, commercial due diligence and value creation, our combined strengths will provide our clients with an unfair advantage across the deal lifecycle.”
