Alpha FMC to acquire Lionpoint Holdings for $74m.

Alpha FMC, a global provider of specialist consultancy services, agreed to acquire Lionpoint Holdings, a US-based provider of specialist consultancy services, for $74m. "We are delighted with the acquisition of Lionpoint, which is a fantastic addition to our Group and aligns strongly with Alpha FMC's stated strategy of growing our capabilities in the rapidly-growing Alternatives Investment space and our footprint in North America. Lionpoint brings a complementary, blue chip client base, a focus on leading technology solutions and key vendor partnerships, and a strong global management team aligned with Alpha FMC's own culture. The transaction is a significant step on our journey to doubling the business in four years, and we look forward to working with Lionpoint and growing our businesses together," Euan Fraser, Alpha FMC CEO.