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New Deal


Announced

Odyssey backed-The Planet Group to acquire Future State Consulting.

Financials

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

Sources

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Pending

Single Bidder

United States

Majority

Domestic

Management Consulting

Private Equity

consulting firm

Friendly

Private

Acquisition

Synopsis

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Odyssey backed-The Planet Group, a diversified professional services organization focused on providing high-value outsourced human capital solutions and niche consulting, agreed to acquire Future State Consulting, a consulting firm that leads with a personal, relationship-first approach to deliver top engineering talent and team solutions. Financial terms were not disclosed. “Future State Consulting is a natural partner for us. Their industry leading capabilities in digital transformation are an important step forward in Planet’s technology consulting growth plan. Future State not only aligns with the firm’s technology expertise, it also matches with Planet’s culture that is driven by an entrepreneurial spirit. We are excited to welcome another industry-leading firm to our portfolio and believe the acquisition will magnify the strengths of both companies, allowing us to better service our clients together,” Tim Simmerly, The Planet Group President.

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