M&A in consulting news in Europe

An overview of consulting news in the category M&A in consulting in Europe:

Data and AI consultancy Artefact wins award for strong growth in Dutch market Following a period of rapid growth in the Dutch market, the French Chamber of Commerce in the Netherlands has awarded data and AI consultancy Artefact its Business Development Award.
14 November 2025
4most acquires Netherlands-based VB Risk Advisory 4most, an international consultancy specialising in the banking sector, has acquired VB Risk Advisory, a Netherlands-based risk consultancy with around 25 professionals.
06 November 2025
New Deal Advisors joins forces with longstanding partner Eight Advisory New Deal Advisors, a Milan-based M&A and financial advisory firm, has become part of Eight Advisory.
03 October 2025
Grant Thornton businesses in France, Spain and Belgium join global platform Grant Thornton Advisors, the company’s private equity backed global platform, has expanded with the addition of Grant Thornton’s member firms in France, Spain and Belgium.
02 October 2025
Capgemini boosts nuclear capabilities with acquisition of SEIMAF Capgemini has acquired SEIMAF, an industrial engineering and technical consulting group with offices in France, the UK and Romania.
02 October 2025
Cedra expands into Denmark through partnership with Roesgaard and Inforevision Following expansion into Norway, Cedra has now also launched in Denmark though a strategic partnership with local players Roesgaard and Inforevision.
25 September 2025
French railway specialist Adventec Consulting acquired by TMC Adventec Consulting, a French railway sector specialist based in Lille, has been acquired by hightech consultancy firm TMC.
23 September 2025
Accenture buys French project management delivery firm Orlade Accenture has acquired Orlade, a French company that provides advisory and project management services for capital projects.
22 September 2025
PwC divests SME business in Norway to IK Partners and local partners After selling its Swedish SME business earlier this year, PwC has now also divested its Norwegian SME arm.
15 September 2025
German business of Grant Thornton picks Cinven as strategic growth partner Grant Thornton’s German business has entered into a strategic partnership with private equity firm Cinven, marking the start of its next phase of growth.
12 September 2025
Azets acquires parts of KPMG’s audit and advisory business in Sweden UK-based professional services firm Azets has completed the acquisition of parts of KPMG’s business in Sweden, focused on services to small and mid-sized businesses and government clients.
22 August 2025
Horn & Company boosts banking practice with addition of Investors Marketing Horn & Company, a German management consulting firm, has acquired Investors Marketing, a banking-focused counterpart that will continue to operate under its own brand.
21 August 2025
HSO welcomes Bain Capital for next growth chapter at €1 billion valuation HSO, a global Microsoft partner, has been acquired by Bain Capital, in a deal that values the Dutch company at around €1 billion.
19 August 2025
Valcon acquires Danish management consultancy Beyond Advisors European consulting firm Valcon has acquired Beyond Advisors, a Danish management consultancy firm with around 20 consultants on its payroll.
19 August 2025
MHA completes acquisition of Baker Tilly’s South-East Europe business UK-based professional services firm MHA has completed the acquisition of Baker Tilly’s businesses in Cyprus and Greece.
18 August 2025
Cedra launches in Norway following carve-out of Deloitte business unit Swedish accounting and advisory group Cedra has launched in Norway through a carve out acquisition of Deloitte’s SMB business in the country.
11 August 2025
Eraneos buys Swiss banking consultancy firm abaQon For the second time this year, Eraneos has turned to M&A to boosts its growth in Switzerland. The addition of abaQon adds around 30 consultants to its Swiss base.
07 August 2025
Excellera Advisory Group welcomes new investor for next chapter of growth Italy-headquartered Excellera Advisory Group has welcomed a new investor – London-listed asset manager ICG – to help drive its next chapter of growth.
04 August 2025
Expertum expands SAP offering into HCM following Persolis acquisition Belgian SAP consulting firm Expertum has expanded its footprint in its home base with the acquisition of Persolis.
30 July 2025
UHY enters Danish market with addition of Copenhagen-based Buus Jensen UHY has expanded its footprint in the Nordic market with the addition of Buus Jensen to its network, marking its entry in the Danish market.
21 July 2025
Grant Thornton’s German arm assessing bids from US and UK member firms The German business of Grant Thornton is on the verge of being acquired by either the company’s US or UK entity, with the competitive bid process to reach its close in the summer.
18 July 2025
Moore overtakes KPMG to join Belgium’s ‘Big Four’ after DNA33 acquisition In Belgium, the Big Four are no longer the Big Four – thanks to the stellar rise of Moore.
18 July 2025
dss+ expands operations consulting practice with Proaction International Global consulting firm dss+ has acquired Proaction International, a Canada-based operational performance management and coaching company.
17 July 2025
Org Group acquires Belgian ERP talent provider Enterprise Digital Resources International professional services Org Group has acquired Enterprise Digital Resources, a Belgian staffing company specialised in the ERP and enterprise technology segments.
16 July 2025
Capgemini buys business process services company WNS for $3.3 billion Global consulting and technology giant Capgemini is set to get even bigger following its $3.
11 July 2025
NIIT Learning Systems expands DACH business with MST Group deal NIIT Learning Systems has completed the acquisition of Germany-based MST Group, a leader in learning services in the DACH region. The deal was closed for around €22 million.
10 July 2025
Sia doubles Dutch presence with acquisition of Precedence Global consulting firm Sia has acquired Precedence, doubling its headcount in the Netherlands and adding new offices in Maastricht and Utrecht.
03 July 2025
RINA boosts maritime consulting business with purchase of Foreship Engineering consultancy firm RINA has acquired Foreship, a Finnish company specialising in naval architecture and marine engineering. Financial terms of the deal have not been disclosed.
19 June 2025
Grant Thornton Advisors adds Switzerland and Liechtenstein to its platform The Switzerland and Liechtenstein businesses of Grant Thornton have become the latest to join Grant Thornton Advisors, a private equity-backed platform for Grant Thornton member firms.
17 June 2025
Advisense buys German risk and regulatory specialist Arreba Consulting Pan-European consulting firm Advisense has acquired Arreba Consulting, a German consulting firm specialized in risk management and regulatory reporting.
10 June 2025
Wavestone buys French digital product development firm Wivoo International consulting firm Wavestone has boosted its capabilities in France with the acquisition of Wivoo, a firm specialised in the development of digital products.
03 June 2025
Secretariat adds dispute resolution boutique Lsquare Consulting Secretariat has strengthened its capabilities in dispute resolution through the purchase of Lsquare Consulting, a boutique consultancy with three offices in the EMEA region.
02 June 2025

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