M&A in consulting news in Europe

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

Danish management consultancy Kvadrant Consulting acquired by Elixirr Kvadrant Consulting, a Danish management consultancy firm from Copenhagen, has been acquired by Elixirr, an international group with 14 offices around the world.
02 February 2026
Dutch and Belgian businesses of Baker Tilly come together under one roof The Dutch and Belgian businesses of Baker Tilly have agreed to merge and form a single organisation.
30 January 2026
Belgian AI consultancy ML2Grow acquired by delaware IT consulting firm delaware has completed an acquisition in Belgium. The bolt-on of ML2Grow expands the firm’s capabilities in artificial intelligence and machine learning.
30 January 2026
European player emagine buys 400-person Dutch consulting group Waada European consulting company emagine has acquired Waada, a Dutch group with more than 400 professionals based across the Netherlands, the United Kingdom, and India.
28 January 2026
EPSA’s Dutch subsidiary Boer & Croon buys operational excellence specialist Dutch consultancy firm Boer & Croon, part of the EPSA Group, has acquired Accelerant Consulting, an Amsterdam-based firm specialized in operational excellence and performance improvement.
20 January 2026
Teneo takes majority stake in Danish strategy and M&A boutique Clarity Partners Global professional services firm Teneo has expanded its European Management Consulting business through a majority investment in Clarity Partners, a boutique consulting firm with a presence in the N
14 January 2026
The Ensur Company expands Dutch presence with acquisition of Colosseus Consult The Ensur Company, a consulting group dedicated to the insurance and pension sectors, has expanded its presence in the Dutch market with the acquisition of Colosseus Consult.
09 January 2026
EY acquires German finance consulting firm Qiado Big Four firm EY has acquired Qiado, a Germany-based finance and digital transformation consulting firm with around 40 staff.
07 January 2026
TH Global Capital advises ServiceNow partner The Cloud People on sale to NTT DATA The Cloud People, an international ServiceNow partner with offices around the world, has been acquired by NTT DATA. The sale was advised on by TH Global Capital, a global investment bank.
21 December 2025
ServiceNow partner The Cloud People acquired by NTT DATA The Cloud People, one of Europe’s larger independent ServiceNow partners, has been acquired by NTT DATA.
19 December 2025
nlmtd welcomes strategic design agency State of Tomorrow to group Dutch consultancy firm nlmtd has welcomed strategic design agency State of Tomorrow to the group.
16 December 2025
Horváth acquires Studicon to strengthen AI capabilities and launch Horváth.AI Horváth has acquired Studicon, a Stuttgart-based company specialising in AI consultancy and software services.
11 December 2025
Valcon acquires Swedish data and AI firm Bricobomba In its second Nordic deal this year, Valcon has acquired Bricobomba, a Swedish consulting firm specialised in data and artificial intelligence.
05 December 2025
Norwegian consultancy Bekk returns to independence with private equity investor Bekk, a technology and management consultancy in Norway, has partnered with private equity investor Axcel to return to independence.
02 December 2025
Civitta expands Lithuanian business with addition of funding specialist NPR Hot on the heels of its expansion into the US, pan-European player Civitta has now closed a deal closer to home.
29 November 2025
Emixa expands into Nordics with acquisition of Stockholm-based Nextage Group International consulting firm Emixa has expanded into the Nordics with the acquisition of Nextage Group, a Stockholm-based firm focused on the manufacturing sector.
26 November 2025
TH Global Capital advises TestDevLab on its strategic sale to Xoriant TestDevLab, a quality engineering and software development company from Latvia, has been acquired by Xoriant. TH Global Capital acted as the exclusive financial advisor to TestDevLab’s shareholders.
25 November 2025
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
Swedish management consulting firm Level21 acquired by TMC Level21, a 50-person Swedish management consulting firm, has been acquired by TMC, a global high-tech-focused consultancy firm with offices around the world.
13 November 2025
Grant Thornton Advisors welcomes 1,200-strong Poland member firm to its network Continuing its expansion around the world, Grant Thornton Advisors has added the network’s Polish business to its ranks, welcoming more than 1,200 accountants and advisors.
07 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
Civitta acquires US-based economic development consultancy J.E. Austin Associates After spending more than fifteen years building its presence in the European market, Baltic-headquartered Civitta has now expanded into the world’s largest management consulting market.
04 November 2025
EY acquires Greek life sciences consulting business Aqurance Big Four firm EY has acquired Aqurance, a Veeva Premier Services Partner based in Greece.
25 October 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
TH Global Capital advises Fortezza Group on private equity buyout by Capital A TH Global Capital has successfully completed one of its sale mandates in the Dutch market.
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

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