With the acquisition of the international activities of Investance Group, Sia Partners confirms its status as the leading independent French management consulting firm
Paris, 25th September 2013 - Sia Partners, the leading independent French management consulting firm, announces today its acquisition of the international Management Consulting activities of Investance Group, a consultancy firm in the finance sector.
This acquisition will lead to the integration of 60 consultants and the opening of three new locations: London (20 consultants), Hong Kong and Singapore (20 consultants). In New York, Sia Partners team will double in size and take on 40 consultants. With this acquisition, the United States becomes Sia Partners' second biggest market, with almost 10% of the Group's revenue.
Thanks to this acquisition, Sia Partners will become the only French management consulting firm active among the main global financial hubs. The transaction will enable Sia Partners to advise the major financial institutions in their development strategies and in the implementation of regulatory reforms such as the Dodd Franck Act, FATCA and even EMIR. The firm has a team of 200 top-level consultants specialising in this sector.
Fourteen years after its creation by Matthieu Courtecuisse, Sia Partners pursues its double-digit revenue growth and confirms its objectives, both in France and on an international level. The Group secures its position as the number one independent French management consulting firm through its revenue (almost 75m euros) and number of consultants (500).
Commenting on the acquisition, Matthieu Courtecuisse, CEO and founder of Sia Partners, said: "By spreading our collective expertise across each of our locations, we are in a position to seize new growth opportunities in a consultancy market which is recovering in Europe and dynamic in the United States and in the major developing countries".
ABOUT SIA PARTNERS
In less than fifteen years, Sia Partners has become the leading independent French management consulting firm. Co-founded in 1999 by Matthieu Courtecuisse, who became the principal shareholder alongside fourteen international partners, Sia Partners has now more than 500 consultants and a revenue of 75 million euros. The Group has an international presence in twelve countries, the United States representing its second biggest market with almost 10% of the revenue. Sia Partners is recognized for its expertise in energy, banking, insurance, telecommunications and transport.
Olivier Jay / Emily Oliver
Tel : + 33 (0)1 53 96 83 83