Horváth buys German interim management marketplace interim-x

19 February 2024 Consultancy.eu 1 min. read

International management consultancy firm Horváth has expanded its interim management line of business with the acquisition of Interim Excellence.

Germany-headquartered Horváth is a firm with around 1,400 employees in Europe, the Americas, Middle East, and Asia.

The purchase of Interim Excellence sees Horváth welcome one of Germany’s larger interim providers to its ranks. The parent of the interim-x.com platform, Interim Excellence’s network spans more than 10,000 senior experts and interim managers who work for clients across sectors.

Horváth buys German interim management marketplace interim-x

“Interim Excellence strategically complements our traditional management consultancy in the best possible way,” said Helmut Ahr, CEO at Horváth.

“It provides us access to senior experts with very dedicated industry and specialist expertise, who we can integrate into our consulting project teams. And it enables us to help our clients seeking to fill roles on an interim basis. Interim Excellence hence allows us to deepen and expand our added value to our clients.”

The deal comes at a time of rapid growth in the interim management landscape. In Germany alone, the market has grown to a value of around €2.5 billion per year, with that number set to rise further on the back of structural fundamentals such as the shortage of skilled workers, the movement of corporates towards more flexible talent models, and the rise on the number of professionals aspiring a career as an independent professional.

Meanwhile, for Interim Excellence, the joining of forces with the consulting group will enable the firm to accelerate its growth, said founder Martin Franssen. “With Horváth as a strategic partner, interim-x will continue to develop strategically over the next few years. Management consulting and interim management will move closer together – it’s a perfect match.”