Tracked deals
460
460 tracked deals across 2006-2026.
Tracked deals
460
460 tracked deals across 2006-2026.
Buyer mix
Strategic-led
384 strategic · 133 pe
Top trend
Volume peaked in 2022
95 tracked deals announced in 2022.
Primary Insight
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Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| Accenture | 28 | Global professional services company providing strategy, ... | Strategic |
| J.S. Held | 12 | Global consulting firm providing technical, scientific, f... | Strategic (PE-backed) |
| HR Path | 9 | Global HR consulting and HRIS solutions provider deliveri... | Strategic (PE-backed) |
| OutSolve | 6 | Affirmative action and HR compliance consulting firm spec... | Strategic (PE-backed) |
| Sia Partners | 6 | Next-generation management consulting firm (Consulting 4.... | Strategic |
| Accordion | 5 | Private equity-focused financial and technology consultin... | Strategic (PE-backed) |
| Renovus Capital Partners | 5 | Sector-focused private equity firm specializing in knowle... | PE |
| The Riverside Company | 5 | Global private investment firm focused on the smaller end... | PE |
| Ankura Consulting Group, LLC | 4 | Global expert services and advisory firm providing multid... | Strategic (PE-backed) |
| Argano | 4 | Global specialist consultancy focused on enterprise techn... | Strategic (PE-backed) |
Last 10 years
Supporting Data
F2 Strategy acquired Intelligo Partners, a Toronto-based investment technology consulting firm. The deal is intended to expand F2’s presence in Canada and add Intelligo’s investment platform advisory, implementation, and post-launch support capabilities for asset and wealth managers and other financial institutions.
Bow River Capital has completed a strategic investment in SBI Growth Advisory to enter a new growth phase, including expanded investment in talent, technology, and its SBI Wayforge growth intelligence platform. SBI is a go-to-market advisory firm focused on helping B2B companies improve GTM performance through data, advisory expertise, and training.
Paslay Management Group (Paslay Group) expanded its program consulting capabilities by adding Los Angeles-based strategic advisory firm Trifiletti Consulting. The combined organization is positioned to broaden its executive-level services for complex capital programs beyond its aviation focus, while strengthening its Southern California and transportation-related capabilities.
Public Knowledge acquired Civic Initiatives to expand its procurement expertise and increase capacity for complex public-sector procurements. The deal builds on a prior partnership delivering Procurement Acquisition Support Services (PASS) through NASPO ValuePoint.
HR Path, a global HR consulting and HRIS solutions provider, announced its strategic acquisition of GDT Brasil, a management and strategy consultancy focused on human capital and change management. The deal is intended to strengthen HR Path’s presence in Brazil and expand complementary consulting capabilities around organizational transformation.
DFW Capital supported the creation of Acumetis, a new global life sciences commercialization company formed by combining five specialist consultancies: Herspiegel, Adivo Associates, Decisive Consulting, Fiecon, and Sixsense Strategy Group. The integrated firm brings together 350+ experts across commercial strategy, launch excellence, patient access, value and access, insights and analytics, and medical affairs to serve biopharma product lifecycle needs.
emagine has acquired Gentis’ consulting operations across Belgium, Luxembourg, and France, expanding emagine’s European footprint to include Belgium and Luxembourg while strengthening its presence in France. The deal expands emagine’s delivery capabilities and provides immediate access to Gentis’ established local teams and more than 270 consultants supporting long-standing client relationships.
Resultant acquired Liberty Advisor Group, a Chicago-based consulting firm specializing in M&A advisory for private equity firms and large enterprises. The deal combines Liberty’s transaction advisory and deal-lifecycle expertise with Resultant’s data, AI, cybersecurity, and digital transformation execution capabilities.
Integrated Pension Services, a national retirement plan consulting and compliance firm based in Boston, has acquired BDS Consulting Group, a specialized retirement plan consulting firm serving more than 260 plan clients nationwide. The deal includes all client relationships and staff (BDS employees will join Integrated Pension) and expands Integrated Pension's scale by nearly 50%, strengthening its retirement plan compliance and workplace wealth capabilities.
The International Franchise Professionals Group (IFPG) has acquired Franchise Business Review (FBR) to strengthen IFPG’s franchise growth platform with independent market research and benchmarking capabilities. The acquisition will deepen IFPG’s analytics and AI-enabled performance intelligence offerings to provide franchisors predictive insights on franchisee satisfaction, onboarding, and system-wide performance risks.
The Leadership Edge, a San Diego-based leadership and organizational development consultancy, has acquired 2Connect, a communications and presentation skills training firm. The acquisition combines The Leadership Edge's leadership development capabilities with 2Connect's presentation and communications expertise to offer an integrated suite of services for life sciences and other technical industries; financial terms were not disclosed.
Opportune LLP, a Houston-based global business advisory firm, has acquired the Consulting & Advocacy Practice of Pickering Energy Partners LP. The practice leader Dan Romito and his team will join Opportune to bolster the firm's sustainability and energy advisory capabilities; Solomon Partners served as financial advisor to Pickering Energy Partners in the transaction.
Bain & Company has acquired London-based JJC FinTech, a boutique financial services consulting and technology firm specializing in client lifecycle management (CLM) and anti-financial crime (KYC/AML). The deal enhances Bain's capabilities to deliver end-to-end CLM, KYC and AML transformations for financial institutions, combining Bain's strategy and digital strengths with JJC's hands-on implementation expertise.
Sia has acquired Kaiser Associates, a boutique strategy consulting firm headquartered in Washington, D.C., to launch a dedicated Corporate Strategy, Private Equity & M&A business line and accelerate its U.S. expansion. Kaiser Associates’ leadership (Ali Cumber, Paul Mumma and Jon Meyerholz) will join Sia, with Jon Meyerholz named Managing Partner of the new business line; the deal is intended to broaden Sia’s strategic advisory capabilities and scale Kaiser’s services globally.
Consello has acquired Morpheus Risk, a UK-based risk and threat assessment firm, and will integrate the team into a newly formed Consello Risk practice. The deal expands Consello's advisory capabilities with on-the-ground intelligence, investigations and operational risk mitigation expertise to support multinational clients amid rising geopolitical volatility.
Argano has acquired Pharosity Consulting, a life‑sciences-focused consulting firm specializing in gross‑to‑net, government pricing, commercial contracting, and advanced analytics. The deal, announced January 27 and closed in December 2025, expands Argano's life sciences capabilities and deepens its finance, revenue, and analytics offerings for pharmaceutical and biotech clients.
Southfield Capital has made a strategic growth investment in The Perfect Franchise (TPF), a franchise advisory and consulting firm, to support the company's expansion and enhance its advisory platform. TPF will remain under current leadership with founder and CEO Mark Schnurman continuing to run day-to-day operations while Southfield provides capital, operational support, and strategic resources.
Global business advisory firm EisnerAmper has acquired digital marketing and growth advisory firm MLCworks in a deal that closed in early January 2026. The combination brings MLCworks’ marketing/growth capabilities—such as media strategy, SEO, custom website design, and online reputation management—into EisnerAmper’s holistic client service model.
Audax Private Equity has acquired a majority stake in Keystone, purchasing the global technology and advisory services practice from RLH Equity Partners in a recapitalization that closed January 2, 2026. Concurrently, Keystone spun out its Core AI business as an independent B2B AI SaaS company (Keystone.AI) with RLH retaining a minority stake; Jeff Marowits was named CEO and Greg Richards will remain as a senior strategic advisor.
Windrose Consulting Group has acquired Zenith Access Network, a market access consultancy focused on Greater China and emerging APAC markets. The deal brings Zenith's founder Shuang Wen into Windrose as Head of APAC to strengthen the firm's regional market access, pricing and reimbursement capabilities; financial terms were not disclosed.
Diginex, a London-headquartered sustainability RegTech provider, has completed the acquisition of The Remedy Project Limited, a Hong Kong-based advisory and research organization focused on labor and human rights in global supply chains. The deal was structured with an initial issuance of 1 million ordinary shares to The Remedy Project's sole shareholder and up to 1 million additional shares tied to earnout/operating targets, enabling Diginex to integrate human-rights due diligence advisory capabilities into its ESG and supply-chain technology platform.
Dark Horse Consulting Group (DHCG) has acquired Bruder Consulting & Venture Group (BCVG), integrating BCVG as a Regenerative Medicine department within DHC to expand the group's capabilities in regenerative medicine, tissue repair, and biomaterials. The deal brings BCVG's strategic advisory expertise in discovery, development, clinical design, and regulatory affairs into DHCG's global consulting platform.
Contemporary Leadership Advisors (CLA) has acquired Momentum Global (Momentum Global HR), a boutique human-capital advisory founded by former CHROs Scott Slipy and Suni Lobo. The deal brings Momentum Global's operator-led HR expertise and AI-enabled workforce insights into CLA, expanding the firm's strategic HR advisory and operating capabilities; financial terms were not disclosed.
Accordion, a New York–based, AI- and data-powered financial consulting firm focused on private equity, has acquired operator-led performance improvement firm FCM. The deal adds about 50 operator-led consultants to Accordion’s capabilities, broadening its performance improvement and operational-diligence offerings to better serve private equity sponsors and their portfolio companies; financial terms were not disclosed.
Lewis & Ellis, Inc. announced that Griffith, Ballard & Company has joined Lewis & Ellis effective January 1, 2026. The combination expands Lewis & Ellis’s life actuarial capabilities and scale while allowing Griffith Ballard to continue operating from Cedar Rapids under its existing leadership and to contribute its Lifebase technology and actuarial expertise to the broader platform.
Denison Consulting and Newmeasures combined through a legal merger effective January 1, 2026, with the combined business operating under the Denison Consulting, Inc. name. Newmeasures will operate as a Denison Consulting practice, expanding Denison's employee listening and Qualtrics implementation capabilities to link employee feedback to measurable organizational performance.
YA Group, a Nashville-based building consulting and forensic engineering firm, has acquired J.M. Reagan Consulting (JMR), a Houston-based property damage and construction claims consulting business. The add-on strengthens YA's presence in Texas and expands its construction consulting capabilities for insurance-sector clients; the deal was finalized December 8, 2025.
Climate technology platform 51toCarbonZero has integrated UK sustainability consultancy Green Element, combining Green Element’s two decades of science‑based advisory with 51toCarbonZero’s AI-driven emissions management platform. The move embeds advisory capabilities (LCA, climate risk, CSRD/SBTi compliance) into 51toCarbonZero’s product offering to deepen consulting services and accelerate capability expansion across its client base in the UK, Europe and North America.
Business Development Resources (BDR) has acquired the Plumbing CEO brand and appointed its founder, Nate Agentis, as Director of the Plumbing Vertical. The acquisition brings Plumbing CEO's leadership development and training resources into BDR's suite to help expand and deepen BDR's offering for plumbing contractors across North America.
L Squared Capital Partners has made a significant growth investment in Ergo, a New York–headquartered geopolitical and strategic intelligence firm. The capital will support Ergo's organic growth, expand its go-to-market initiatives (including the Flashpoints Forum membership), and enable strategic acquisitions while Ergo's management retains a significant ownership stake.
Total Resource Management (TRM), an enterprise asset management and digital transformation advisory firm based in Alexandria, Virginia, has acquired Performance Consulting Associates (PCA), a reliability and maintenance management consultancy founded in 1976. The acquisition expands TRM’s reliability, maintenance management, and EAM consulting capabilities and integrates PCA’s team and services into TRM’s broader advisory and implementation offerings.
Guideboat Capital Partners, a Dallas-based private equity firm, acquired P3 Cost Analysts Franchise, LLC, a Fayetteville, Arkansas cost-reduction consulting firm, with the transaction closing on October 22, 2025. P3 provides shared-savings cost reduction services across utilities, telecommunications, waste management and other overhead categories; Guideboat intends to partner with the founder-led team to support growth and long-term value creation.
Cumming Group has merged with Seneca Group, bringing more than 70 Seneca professionals into Cumming’s platform to expand the firm’s Pacific Northwest capabilities. The combination strengthens Cumming Group’s owner-advisory, project management, and cost-consulting services for corporate, healthcare, and education clients and expands its regional and international footprint.
Consertus, a new platform backed by Round Table Capital (RTC) Partners, announced its launch and the integration/acquisitions of ten AEC and capital-program advisory firms — including Kal Krishnan Consulting Services (KKCS) and The Wells Partnership (TWP). The moves create a single, technology-forward capital program management and advisory platform (Consertus) with more than 800 professionals and expanded geographic and capability coverage.
Newmark Group, Inc. has acquired RealFoundations, a Dallas-based real estate consulting and managed services firm, to bolster Newmark’s Investor Solutions suite and scale its fund and asset management capabilities. The deal brings RealFoundations’ technology-enabled data management, performance analytics and managed services into Newmark’s platform to accelerate growth in recurring management services globally. Terms were not disclosed.
Dark Horse Consulting Group (DHCG), a global strategic and operational consulting firm focused on cell and gene therapy and biotherapeutics, has acquired Converge Consulting, LLC, a Cambridge-based life sciences consulting firm. The acquisition expands DHCG's capabilities in supply chain, manufacturing, commercial launch readiness, enterprise IT solutions, CMC, and Quality to provide broader end-to-end support across the product development lifecycle.
West Monroe, a global business and technology consulting firm, has acquired 2050 Partners, an energy-focused consulting firm headquartered in the Bay Area. The acquisition expands West Monroe’s demand-side management, energy efficiency and regulatory advisory capabilities to help utilities manage rising load and meet decarbonization goals.
Shore Capital Partners has completed a partnership with Optis Consulting, a Vancouver-based source-to-pay (S2P) consulting and implementation firm. Shore will support Optis's growth by joining the board, investing in organic growth, expanding service offerings, and selectively evaluating acquisitions to scale the platform.
HR Path, a global HR consulting and HRIS solutions provider, has acquired Next Generation, Inc. (NGI), a Chicago-based HCM/ERP consulting and systems-integration firm. The acquisition expands HR Path’s presence in North America and strengthens its workforce management and HCM implementation capabilities.
HOC, a provider of enterprise software and consulting for energy trading and risk management, has acquired MidDel Consulting, a Minneapolis/Edina-based firm specializing in energy trading technology and consulting. The deal expands HOC's capabilities in energy trading, AI-driven automation and consulting delivery to better serve oil, gas, power and renewables clients across North America.
Parthenon Capital has made a strategic growth investment in Embark, a Dallas-based management and financial consulting firm, to accelerate the company's organic growth and M&A strategy while expanding its technology and AI capabilities. Founder Paul Allen will remain Chairman and retain a significant ownership stake as Embark pursues investments in automation, AI, talent, and expanded advisory services.
Lightcast has acquired UK-based consultancy Skill Collective to combine Skill Collective's workforce transformation consulting with Lightcast's global skills intelligence and data platform. Skill Collective will operate as "Skill Collective – a Lightcast Company," continuing consulting engagements while gaining access to Lightcast's taxonomy, labor-market insight, and infrastructure to scale skills transformation for enterprise clients.
Epiq has acquired Inflection IT, a specialist consultancy for Intapp platform implementations, and will integrate its consultants into Fireman, an Epiq advisory business focused on law firms. The acquisition expands Epiq's Intapp and legal-technology implementation capabilities to better serve law firms and corporate legal departments.
Argano, a global specialist consultancy and portfolio company of Trinity Hunt Partners, has acquired HyBridge Solutions, a cloud-focused consulting firm specializing in workforce management (WFM), human capital management (HCM) and cloud ERP implementations. The add-on expands Argano's healthcare expertise and performance consulting capabilities while bolstering its UKG and Infor platform offerings and managed services.
Huron (NASDAQ: HURN) has acquired strategy and operations consulting firm Wilson Perumal & Company (WP&C) and integrated approximately 30 WP&C team members into its Innosight strategy and innovation capabilities. The deal brings WP&C's proprietary methodologies and operations-focused strategy expertise into Huron's Commercial operating segment to expand the firm's strategy, operations, and transformation offerings across industrials, manufacturing, energy, consumer, private equity, and public sector clients.
Pyxis Advisory Group, a Houston-based diversified advisory firm, has acquired Catule Consulting, effective September 1, 2025. Catule principals Josh Grahmann and Silas Aday have joined Pyxis as Managing Directors to lead the firm’s Upstream and Oilfield Services verticals, expanding Pyxis’s capabilities across energy and industrial markets.
Trivest Partners has made a growth investment in Applied Value Group, a New York–headquartered management consulting firm specializing in cost and capital efficiency improvements. The capital will be used to scale Applied Value's offerings, broaden capabilities, expand its reach (notably in North America and the Nordics), pursue targeted add-on acquisitions, and attract talent; terms were not disclosed.
Accenture has acquired The Highlands Consulting Group, a Sacramento-based management consulting firm with expertise in healthcare, transportation, social services and organizational change management. The acquisition strengthens Accenture’s capabilities serving California state agencies and expands its public sector consulting footprint in the state; financial terms were not disclosed.
European private equity firm Waterland has entered a strategic minority investment partnership with Chemservice, a regulatory compliance and regulatory affairs consultancy serving the chemical industry. The founders will retain a significant minority stake and remain in management as Waterland supports Chemservice’s organic expansion and targeted M&A to accelerate international growth and broaden its service offering.
HR Path has acquired Melbourne-based RKM Consulting, a specialist in HRIS technology and SAP SuccessFactors implementation. The deal expands HR Path’s footprint in Australia and New Zealand and strengthens its HRIS/SAP SuccessFactors capabilities and local delivery capacity.
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Find buyers actively acquiring consulting companies.
Recent deals span investment technology advisory, go-to-market growth and benchmarking, HR and change management, retirement plan compliance, public-sector procurement support, and industry-focused sustainability/energy advisory.
Both. Many are U.S.-based, with cross-border activity noted in Canada (Ontario) and Europe (including Belgium, Luxembourg, and France) plus Brazil.
Deals are typically described as expanding geographic presence, adding implementation and post-launch support capabilities, strengthening analytics/intelligence offerings, and integrating specialized teams and established client relationships.
Yes. Buyers named on the page include Accenture and specialized advisory or platform-focused firms, as well as investment and capital partners supporting growth or commercialization efforts.