Wavestone, a management consulting firm, completed the acquisition of Coeus Consulting, a London-based management consulting firm specialising in CIO advisory, for £21m. “Wavestone and Cœus Consulting's combination perfectly addresses the CIO agenda. We both have a complementary value proposition and client portfolio, as well as close corporate values. In addition, the business consulting expertise of PEN Partnership in the Financial Services and Life Science industries creates an exciting opportunity for us to address the transformation challenges of our clients in these sectors with a holistic value proposition. We were amazed by the strong cultural fit and we believe that the project will provide our teams with numerous opportunities," Ben Barry, James Cockroft and Rob Walker, Cœus Consulting Directors and Co-Founders.