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New Deal


Announced

Wavestone and WGroup to merge.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Friendly

Merger

Private

Management Consulting

IT management consulting

United States

Single Bidder

Synopsis

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Wavestone, a Paris-based IT management consultancy, and WGroup, a US-based IT management consultancy, will merge to start a new growth chapter in the US. Financial terms were not disclosed. "The US is a bellwether market in the consulting industry. We were impressed by WGroup's leadership team and its ability to consistently expand its client base. We are eager to start working with WGroup's team and thrive together seizing new opportunities in the US". Pascal Imbert, Wavestone, CEO.

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