Capgemini buys consultancies Quantmetry (France) and Quorsus (UK)

Capgemini has acquired two consultancies in Europe. The addition of Quantmetry in France and Quorsus in the United Kingdom adds over 200 employees to its ranks.

Last Friday, Capgemini announced its purchase of Quantmetry, a privately-held consulting firm specialised in data science and artificial intelligence technology solutions.

“The acquisition of Quantmetry strengthen Capgemini’s position in the artificial intelligence and data consulting and transformation market,” said Mathieu Dougados, Managing Director of Capgemini Invent in France.

Founded in 2011, Quantmetry helps clients in the manufacturing, energy, retail, consumer goods and insurance sectors with data science services, including in the areas of big data, artificial intelligence, machine learning, business intelligence, and process mining.

“A significant part of our business is already specifically in this area,” said Dougados. “With Quantmetry on board, we are strengthening our ability to deliver data-driven transformation programs.”

The circa 160 employees of Quantmetry (based in Paris) will be integrated within Capgemini Invent, the firm’s management consulting, design and innovation wing.

Meanwhile, earlier in October, Capgemini acquired Quorsus, a British consultancy specialised in capital markets solutions to financial institutions. The firm helps banks, infrastructure providers and industry associations with expertise in regulatory reporting, operations, securities processing, and post-trade technologies.

Established in 2019 in London, Quorsus currently has around 70 staff. They have become part of Capgemini’s Financial Services industry practice.

“While the landscape for financial institutions is re-shaping rapidly due to consolidations, new technologies, and changing operating models, compliance continues to be key. The acquisition of Quorsus brings to our team a set of in-demand compliance and regulatory expertise to reinforce our capital markets services for financial institutions,” said Anirban Bose, an Executive Board Member at Capgemini.

The CEOs of both acquired companies, Jeremy Harroch (Quantmetry) and Ryan Baccus (Quorsus), both welcomed the joining of forces with Capgemini, lauding the group’s global scale and breadth of services which will help both consultancies better serve their respective clients.

Earlier this year, Capgemini acquired Pega partner Knowledge Expert in Switzerland, and financial services specialist Chappuis Halder in France. In the United Kingdom, design and brand agency Rufus Leonard was added to Capgemini Invent’s frog division.