Deloitte acquires restructuring consultancy Meritus Business Advisors

Deloitte has acquired Meritus Business Advisors, a restructuring consulting firm in southwest Germany.

Based in Esslingen am Neckar, Meritus Business Advisors is a boutique consulting firm specialized in restructuring, insolvency and financial and operational turnaround. The company was founded in 2016 and has since its inception completed over 150 projects for clients across Germany.

With the addition of Meritus Business Advisors, Deloitte boosts its restructuring and performance improvement capabilities, and deepens its presence in the southwest part of Germany. The full team of Meritus Business Advisors (around ten consultants) will cross to the Big Four firm.

“The acquisition of the Meritus Business Advisors team is an important step for us to expand our portfolio with first-class restructuring and transformation services,” said Stefan Sanne, Head of Turnaround & Restructuring at Deloitte. “Their team not only brings an impressive track record, but also a deep understanding of the specific challenges facing medium-sized and large companies in the region.”

Jens Zimmermann, the Managing Partner of Meritus Business Advisors, said that the joining of forces with the global consulting firm will enable its team to work on more impactful and larger projects, and further develop its offerings for clients. “We look forward to shaping the future together and supporting our clients even more comprehensively.”