And, uh ... Equiteq is pleased to announce or something. Unfortunately, it's technology again. I asked for rainbows. 'You asked for human feelings, boss.' I asked for human feelings, Voice. Yes. But what do I get?
Equiteq, the consulting sector M&A specialist, is pleased to announce the merger of its client Certeco, a business technology change consultancy, with P2 Consulting, the leading project and programme management consultancy. The deal is backed by Lonsdale Capital Partners, a private equity firm focused on the lower mid-market. The transaction closed on September 26, 2017.
Certeco is one the UK's largest business technology change consultancies, providing specialist consultancy services to corporates in industries like banking, insurance, public sector, education and media. Certeco focuses on bringing certainty to business change programmes, helping clients with business restructuring, regulation and digital change.
Okay, okay. Now, in a situation like this there are always characters who want to have their say. 'What characters?' You know, man, guys from the companies involved. 'Oh yeah.' They're delighted and excited and shit. You know how it works, Voice, dear reader(s). And we've got Augusto, and Doug, and Ed, and Adam, and Pip. 'Pip?' Pip Peel. 'What?' Pip Peel. 'What's that?!' It's, er ... he's the chairman of P2. 'Oh.' Look -
Pip Peel, P2 Chairman, added: "This is a great deal for us and we're excited by the opportunities the enlarged business creates. Equiteq were instrumental in brokering the deal and getting it over the line - it's a great deal for all parties."
So ... you see? 'Yes, I see. Very interesting. But why is he adding?' Eh? Oh, because I started at the end of the quotes. We've got Augusto at the beginning -
Augusto Negrillo, Chief Executive Officer of Certeco comments: "The transaction with P2 comes at just the right time in our growth trajectory. We have actively been seeking an investment partner to achieve our strategic ambitions."
Augusto Negrillo. You see? 'Yeah. What about Doug?' Yeah, yeah. We got Doug, too. Somewhere here ...
Doug Elliot, Chief Executive Officer of P2 Consulting and the CEO of the newly formed company said of the merger: "We are very excited about this transaction, as P2's and Certeco's services are so complementary. Together, we will be able to provide a much broader range of consultancy services to the market and become a real contender to the big consultancies."
Okay. It might be nice to bring Ed in at this point. I'm not sure we want to hear from Adam though. 'Adam?' Adam Ripley. 'Why not?' It's nothing personal, but we can't have everyone, you know ... I've got a headache, anyway.
Ed Groome, Director, who led the Equiteq team commented, "Equiteq has now advised on a number of transactions in this sub-sector of the consulting market. Having worked with P2 and Lonsdale in the past, we were uniquely positioned to advise Certeco on the merger. The two teams are highly complementary in terms of their market offering - combining them into a single, enlarged entity will undoubtedly drive more rapid value creation."
And that's it. Thank God!
Laters.
Equiteq, the consulting sector M&A specialist, is pleased to announce the merger of its client Certeco, a business technology change consultancy, with P2 Consulting, the leading project and programme management consultancy. The deal is backed by Lonsdale Capital Partners, a private equity firm focused on the lower mid-market. The transaction closed on September 26, 2017.
Certeco is one the UK's largest business technology change consultancies, providing specialist consultancy services to corporates in industries like banking, insurance, public sector, education and media. Certeco focuses on bringing certainty to business change programmes, helping clients with business restructuring, regulation and digital change.
Okay, okay. Now, in a situation like this there are always characters who want to have their say. 'What characters?' You know, man, guys from the companies involved. 'Oh yeah.' They're delighted and excited and shit. You know how it works, Voice, dear reader(s). And we've got Augusto, and Doug, and Ed, and Adam, and Pip. 'Pip?' Pip Peel. 'What?' Pip Peel. 'What's that?!' It's, er ... he's the chairman of P2. 'Oh.' Look -
Pip Peel, P2 Chairman, added: "This is a great deal for us and we're excited by the opportunities the enlarged business creates. Equiteq were instrumental in brokering the deal and getting it over the line - it's a great deal for all parties."
So ... you see? 'Yes, I see. Very interesting. But why is he adding?' Eh? Oh, because I started at the end of the quotes. We've got Augusto at the beginning -
Augusto Negrillo, Chief Executive Officer of Certeco comments: "The transaction with P2 comes at just the right time in our growth trajectory. We have actively been seeking an investment partner to achieve our strategic ambitions."
Augusto Negrillo. You see? 'Yeah. What about Doug?' Yeah, yeah. We got Doug, too. Somewhere here ...
Doug Elliot, Chief Executive Officer of P2 Consulting and the CEO of the newly formed company said of the merger: "We are very excited about this transaction, as P2's and Certeco's services are so complementary. Together, we will be able to provide a much broader range of consultancy services to the market and become a real contender to the big consultancies."
Okay. It might be nice to bring Ed in at this point. I'm not sure we want to hear from Adam though. 'Adam?' Adam Ripley. 'Why not?' It's nothing personal, but we can't have everyone, you know ... I've got a headache, anyway.
Ed Groome, Director, who led the Equiteq team commented, "Equiteq has now advised on a number of transactions in this sub-sector of the consulting market. Having worked with P2 and Lonsdale in the past, we were uniquely positioned to advise Certeco on the merger. The two teams are highly complementary in terms of their market offering - combining them into a single, enlarged entity will undoubtedly drive more rapid value creation."
And that's it. Thank God!
Laters.
