Analysys Mason enters Nordics with Nexia Management Consulting
Telcom consulting firm Analysys Mason has entered the Scandinavian consulting market with the acquisition of Nexia Management Consulting.
With a team of around 300 consultants and researchers, Analysys Mason is one of the globe’s larger consulting firms specialised in the telecom market. The business advisory has offices across Europe, including the UK, Asia and the US*, and following the acquisition of Nexia Management Consulting it also boasts a footprint in the Nordics.
The team of Nexia Management Consulting team is based in Oslo and has built up significant experience in management consulting in telecoms and technology since the business was founded in 1992. The company has built a track record at both multinationals and local players, and with all players in the value chain including operators, regulators and investors.
According to benchmarks released over the past years, the telecoms, media and technology (TMT) markets of Norway, Sweden, Denmark and Finland are among the most advanced in the world. They too play a pioneering role in the development and adoption of many new developments, including Internet of Things, cloud, 5G roll-out and data monetisation.
The purchase will according to Bram Moerman, CEO of Analysys Mason, both deepen and broaden the firm’s portfolio at a global level, while providing it on the ground access to a new market. “We are delighted to welcome colleagues from Nexia Management Consulting on board and look forward to combining our international consulting expertise and extensive research portfolio to support clients. It is a key acquisition that forms part of our international expansion plans.”
He added, “The combination of Nexia’s long-standing experience and broad expertise in the Norwegian TMT market and Analysys Mason’s strong international market position in TMT consulting and research will provide exceptional insights for the benefit of clients worldwide.”
Commenting on the integration with the international consultancy, Jan Morten Ruud, Chairman of the Board at Nexia Management Consulting said, “We have built Nexia Management Consulting into the leading TMT consulting company in Scandinavia. Becoming a part of Analysys Mason is a major boost for our company and our clients will now have access to Analysys Mason’s global TMT resources. This will strengthen our ability to create value for customers and our market position. It will also provide our employees with new opportunities for career development.”
* Analysys Mason is headquartered in London and has offices in Boston, Cambridge, Dubai, Dublin, Hong Kong, Madrid, Manchester, Milan, New Delhi, Paris and Singapore.