CubeMatch expands into DACH market through deal with BGK

CubeMatch has expanded its European presence with the acquisition of BGK, granting the Irish-origin consulting firm a foothold in the important DACH market.

Established in 2022, CubeMatch is a consultancy firm specializing in the delivery of change and transformation in the financial services sector.

With the acquisition of BGK, CubeMatch welcomes a team of around 30 consultants and staff based out of offices in Gerlingen and Basel, expanding its existing footprint in Dublin, London, Utrecht, Frankfurt, Chennai, and Singapore. The firm’s headcount worldwide has risen to around 450 staff.

“This partnership with BGK is a key step in our European expansion,” said CubeMatch CEO Tom Melville. “BGK brings outstanding industry expertise that strategically complements our service portfolio. Together, we can better support financial institutions in the DACH region and deliver innovative solutions for the complex challenges of a dynamic market.”

Since its founding over 30 years ago, BGK has helped over 100 financial institutions in Germany and the DACH region with project management, process management, workforce optimization, and digital transformation. The consulting firm also has an own software solution (BGK-Toolbox) that is used by banks, insurance companies, and building societies for process analysis and workforce planning.

CubeMatch has acquired a stake in BGK, with further financial details not disclosed. As part of the deal, BGK will retain its branding but add ‘A CubeMatch company’ to its logo, while its existing management team will continue to lead the company independently.

Hartmut Gasser, Founder of BGK, said: “I am pleased to see that BGK is continuing with stability and exciting prospects for the future. With CubeMatch as a partner, new opportunities open up for our clients and employees.”

Joachim Degel, Co-Owner of BGK, added: “We are delighted to welcome CubeMatch as a partner, as our services complement each other perfectly. BGK remains a trusted partner, while our clients benefit from additional offerings and an expanded portfolio.”