TP Group acquired Sapienza Consulting Holding for $13.5m.

TP Group, the specialist services and engineering group, acquired Sapienza Consulting Holding, a privately-owned group of services and software companies serving the space and defence sectors, for $13.5m. Phil Cartmell, Chief Executive Officer of TP Group, commented: "We believe this acquisition enhances our unique business by further augmenting our ability to deliver services and skills into highly complex and critical environments. The combination of the two businesses presents a compelling opportunity for future success."