Tracked deals
36
36 tracked deals across 2026.
Tracked deals
36
36 tracked deals across 2026.
Buyer mix
Strategic-led
31 strategic · 6 pe
Top trend
Volume peaked in 2022
95 tracked deals announced in 2022.
Buyer Snapshot
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| Darcy Partners | 2 | Energy-industry technology scouting and innovation adviso... | Strategic (PE-backed) |
| Sia | 2 | Global management consulting group (strategy, data scienc... | Strategic |
| Accordion | 1 | AI- and data-powered financial consulting firm focused on... | Strategic |
| Acumetis | 1 | Global commercialization partner for life sciences spanni... | Strategic |
| Argano | 1 | Global specialist consultancy focused on AI‑forward busin... | Strategic |
| Audax Private Equity | 1 | Middle- and lower-middle market private equity firm focus... | PE |
| Avanza + MedHQ | 1 | Healthcare services organization providing management, ad... | Strategic (PE-backed) |
| Bain & Company | 1 | Global management consulting firm providing strategy, ope... | Strategic |
| Bow River Capital | 1 | Private alternative asset manager investing across lower ... | PE |
| Consello | 1 | Global advisory and investing platform providing corporat... | Strategic |
Last 10 years
Supporting Data
Avanza + MedHQ acquired Fulcrum Strategies, a healthcare consulting firm specializing in payer contract negotiation for physician practices, hospitals, and health systems. The acquisition adds dedicated payer contracting capabilities to Avanza + MedHQ’s services for ambulatory healthcare organizations; Fulcrum founder Ron Howrigon will lead the new Payer Relations and Contracting service line.
Darcy Partners acquired Realize 2050, an energy solutions consultancy serving investor-owned utilities across North America. The acquisition combines Realize 2050’s strategic advisory and technology commercialization capabilities with Darcy Partners’ technology intelligence platform and utility community, and launches Darcy Power as a dedicated business unit.
Darcy Partners acquired Realize 2050 and launched a dedicated power and utilities business unit, appointing Chris Richardson as its CEO. The acquisition adds energy strategy and innovation consulting capabilities as Darcy expands its focus in the power and utilities market.
Guide Architecture acquired MAIA Consulting, a 25-person healthcare consulting firm specializing in medical equipment planning and related services. The acquisition adds capabilities across the healthcare capital-project lifecycle; MAIA founder Melody Vandivere will continue leading the practice and guide its expansion within Guide.
Wavestone announced the acquisition of Sand Cherry, a Denver-based business consulting firm focused on enterprise transformation programs. The deal is intended to accelerate Wavestone’s expansion in the United States and broaden its Fortune 200 client portfolio, especially in high-growth sectors such as Energy, Utilities & Infrastructure.
Delta Consulting Group announced it acquired Osborne Partners Ltd., combining the firms’ advisory and expert services capabilities to expand international reach. The transaction was completed on August 14, 2026, and Osborne Partners will operate during the transition as “Osborne Partners, A Delta Consulting Group Company.” Financial terms were not disclosed.
Trinity Hunt Partners made an investment in Fisher Management Partners, establishing Fisher as the foundational investment of a new value creation services platform. The platform is intended to drive operational excellence, performance improvement, and enterprise transformation for clients.
WSB LLC announced the acquisition of Austin, Texas-based Foresight Planning & Engineering Services, LLC. The deal is designed to expand WSB’s transportation planning, scheduling, and engineering capabilities and strengthen its presence in Texas.
J.S. Held, a global consulting firm, has acquired Steeplechase Advisors, a restructuring and special situations advisory firm serving middle-market companies nationwide. The deal deepens J.S. Held’s Strategic Advisory Practice by expanding national restructuring and turnaround expertise and adding industry depth in multiple sectors.
Sia, a global management consulting group, acquired Seven Consulting, an Australian management consulting firm focused on business transformation and program delivery/change management. The deal expands Sia’s presence in Australia—adding East Coast (Sydney and Melbourne) capabilities—and strengthens its ability to deliver AI transformation for enterprise clients.
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.
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