Eight Advisory on the verge of acquiring Mawenzi Partners

11 March 2024 Consultancy.eu 2 min. read

Eight Advisory is on the verge of acquiring Mawenzi Partners, a French management consultancy with close to 50 consultants and staff.

International consulting firm Eight Advisory has entered into exclusive discussions to acquire Mawenzi Partners, with the aim of expanding its consulting capabilities in strategy, growth, marketing and customer experience.

Eric Demuyt and Nicolas Cohen-Solal, leaders at Eight Advisory, said the deal would be a major milestone for Eight Advisory since its founding 15 years ago, and comes in response to growing client demand for strategic consulting services amid a growingly disruptive, and complex organisational environment.

Eight Advisory on the verge of acquiring Mawenzi Partners

Founded in 2009 in France, Eight Advisory today has a team of over 850 consultants working from offices across Europe. The firm supports its clients in three main areas: transactions (deals), restructuring, and transformation – with Mawenzi Partners boosting its latter line of business in home market France.

“The current economic environment, as well as the development of new technologies and the increasing integration of ESG criteria, is driving major changes in several sectors. Companies need to review their growth models in order to gain, maintain or regain their competitiveness. With Mawenzi Partners on board, we will be able to bring even greater value to our clients,” said Cohen-Solal.

If the deal closes, Mawenzi Partners will become part of the Strategy & Operations team at Eight Advisory, which then would be 150-person strong.

Established thirteen years ago, Mawenzi Partners specialises in topics including strategy, business model transformation, marketing and sales performance, customer experience and organisational transformation.

Mawenzi Partners is led by five partners – four co-founders who have a background at Vertone and Oliver Wyman, and one partner who was hired later on (also ex-Oliver Wyman).

Speaking on behalf of the partner team, founding partner Pierre-Eric Perrin said: “Joining Eight Advisory allows us to fulfil our promise of acceleration while maintaining our vision and values, as well as responding to the growing complexity of our business, the need for sectoral depth and international presence.”