Christ&Company ups its stake in Pawlik Consultants
Berlin-based consulting firm Christ&Company has upped its stake in Pawlik Consultants, an international consulting group with over 400 employees in 15 countries.
Founded in 2018, Christ&Company is a management consultancy that advises companies across Germany on topics including corporate governance, strategic communications, transformation and sustainability.
Alongside its advisory pillar, Christ&Company’s partners also run a new ventures and investments business, which has now enlarged its ownership in Pawlik Consultants. Terms of the share transaction have not been disclosed.
In November last year, Pawlik Consultants acquired TME, a Frankfurt-based digital consultancy. Christ&Company had a stake in TME, and carried that over to a stake in Pawlik Consultants. The added stake in Pawlik Consultants is described by the Berlin-based business as a “natural next step in the strategic partnership” between the two firms.
Harald Christ, founder and chairman of Christ&Company, explained: “I’ve known and respected Joachim Pawlik [the founder of Pawlik Consultants] professionally for many years. With this participation and strategic cooperation, we have a partner at our side who consistently and sustainably implements strategies together with the people involved.”
Founded in 1996 in Hamburg, Pawlik Consultants specialises in people-focused strategy execution services. The consultancy also has arms for training, recruitment and learning & development.
Pawlik Consultants founder Joachim Pawlik said: “The time for expanding our cooperation could not be better. Companies face challenges that need to be turned into opportunities. Together with Christ&Company and in particular their first-class strategic expertise, we can now offer a more comprehensive transformation offering.”
In other recent deals in Germany’s consulting scene, Roland Berger bought manufacturing consultancy POLARIXPARTNER, PwC acquired two boutiques, and BearingPoint purchased a technology services provider.