Eraneos adds German financial services consultancies DCP and W21

20 December 2022 2 min. read

International consulting group Eraneos Group has closed its first merger since its rebranded inception, welcoming DCP and subsidiary W21 to its ranks in Germany.

With over 1,000 consultants in nine countries (turnover: close to €200 million), Eraneos Group is one of Europe’s larger home-grown consulting firms.

Around two-thirds of the firm’s headcount is based in the German-speaking DACH region, and with the addition of DCP and W21, the firm further solidifies its position in its stronghold markets. The bolt-on adds over 30 consultants dedicated to the financial services industry.

Eraneos adds German financial services consultancies DCP and W21

“DCP and W21 are a strategic reinforcement for the Eraneos Group. This further strengthens our position as a leading international management and technology consulting group and makes us even more attractive to our financial services clients,” said Oliver Vaterlaus, CEO of the Eraneos Group.

Düsseldorf-based DCP (Deutsche Consulting Partner) specialises in business transformation and IT implementation work. The firm works for well-known German banks, as well as neo-banks and fintechs. W21, which also operates out of Düsseldorf, helps banks with technological services in the field of process management and process automation.

“DCP and W21 are an excellent addition to our group,” said Lars Godzik, the founding partner of Ginkgo Management Consulting. “They bring valuable expertise and experience in the complex environment of financial services that ideally complement our service portfolio in the German market.”

Meanwhile, for DCP, the move sees the firm join an established outfit in the financial services sector with a broad range of management and technology services. “Joining Eraneos Group will create new growth potential for our team in the area of digitalisation and new career opportunities in an international context,” said Ralph Erhard, founder of DCP.

Eraneos Group was formed by the merger between AWK Group (Switzerland), Ginkgo Management Consulting (Germany), and Quint (Netherlands). Alongside European offices in Switzerland, Germany, the Netherlands Luxembourg, Austria and Spain, the management and technology consultancy also has locales in China, Singapore and the United States.