Accenture takes over technical services firm Evopro

03 December 2013

Accenture has done a major acquisition in the IT-services and engineering landscape. The global consulting and IT giant has acquired Evopro, an international software development and engineering services firm headquartered in Hungary. Over 1.000 employees are transferring to Accenture.

Evopro was founded in 2001 in Budapest, Hungary's capital. It provides mainly industrial clients with high-tech engineering services. For example, the past year it was responsible for implementing  the luggage handling system in Terminal 2 at Munich Airport and was it responsible for the entire electrical, mechanical and control systems of the Ferenc Liszt International Airport in Budapest. It has grown rapidly over the past twelve years, from a startup to more than 1.000 employees in Hungary, Germany, Romania and Turkey.


The acquisition gives a large boost to Accenture’s services towards industrial clients. While Accenture has a powerful consulting and IT base, it to date lacked the detailed engineering knowledge. With the bundling of expertise it expects to provide clients with a more end-to-end service, ousting its traditional consulting competitors. In addition, it expects significant cross-selling opportunities, such as introducing more consulting or project management to large technical programs or transitioning more repetitive engineering work towards its outsourcing business.

"Evopro group has a highly skilled workforce with deep expertise in software development, testing, and implementation, as well as automation solutions" says Eric Schaeffer, Senior Managing Director with Accenture. "This acquisition will strengthen our capabilities in the industrial software solutions market, where we see increased interest from our clients for software development and related IT services".

Acquisition path
It is Accenture's third acquisition in the IT/engineering landscape in a brief moment. Recently it acquired PRION Group and in October it bought PCO Innovation, two system integration companies specializing in the delivery of Product Lifecycle Management (PLM) services.


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.”