Channel programs News
A.T. Kearney Acquires Cervello For Business Analytics, Data Management Expertise
Joseph F. Kovar
Global management consulting firm A.T. Kearney Thursday said it has acquired Cervello in a move to expand its business analytics and data management expertise.
A.T. Kearney provides consulting services via its 3,600 employees in over 40 countries to three-quarters of the Fortune Global 500 businesses as well as government and nonprofit organizations. The Chicago-based company offers expertise in analytics, cost transformation, digital transformation, organization transformation, mergers and acquisitions, and procurement.
Boston-based Cervello works with software partners such as Oracle, Host Analytics, Birst, Salesforce and Anaplan to improve customers' data management and business analytics capabilities. The company also has offices in New York; Addison, Texas; London; and Bengaluru, India.
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Executives of A.T. Kearney were not available to provide more information by press time.
Terms of the deal were not disclosed.
The company said that Cervello going forward will operate as "Cervello, an A.T. Kearney company."
Alex Liu, managing partner and chairman of A.T. Kearney, said in a prepared statement that data is the key to success when working with customers, and that Cervello’s expertise will help the two companies jointly develop more robust tools and customized solutions.
"It will also be mission-critical for us to leverage Cervello’s proven ability to develop 'leave-behind' solutions and managed services that sustain value-delivery to our clients long after we complete the assignment," Liu said.
Scot MacGillivray, Cervello CEO, said in a prepared statement that working together with A.T. Kearney as a single company will help increase the business impact for customers by increasing Cervello's global reach and seamlessly embedding Cervello's technology into A.T. Kearney's expertise.
"All of us at Cervello are excited to be a driving force in the future growth of A.T. Kearney, and in the success of the firm’s clients around the world," MacGillivray said.
Less than one month in, 2019 is already turning out to be a big year for channel mergers and acquisitions.
Assurance Software, formerly known as Strohl Systems before it was acquired by Sungard AS and then spun out in May as a separate company, in January acquired U.K.-based ClearView in a bid to become a global provider of business continuity services.
CDW in January moved to greatly expand its Canadian business with the acquisition of Scalar Decisions, one of Canada's largest solution providers.
And DXC Technology in January unveiled plans to spend $2 billion in an all-cash transaction to acquire Luxoft, a Switzerland-based digital consultancy that does business on five continents with strong industry expertise in automotive, financial services, health care and science.