Consulting Acquisitions in Minnesota

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.

Argano has acquired Twelve Consulting Group, a Minneapolis-based Anaplan Gold Partner, strengthening Argano’s Anaplan delivery capabilities and industry specialization in Life Sciences and CPG. The deal consolidates Anaplan expertise with Argano’s existing capabilities (including the earlier Anavate acquisition), creating cross-sell opportunities across performance consulting and data integration services.

Marshall & Stevens, a Los Angeles-based valuation and dispute consulting firm, has acquired Value Consulting Group (VCG), a Minnesota-based valuation consulting and litigation support practice led by Patrick Schmidt. The acquisition expands Marshall & Stevens’ valuation, equipment appraisal, and ESOP-related capabilities and strengthens its presence in the Minneapolis–St. Paul market.

NTT DATA Services has agreed to acquire Chainalytics, a supply chain consulting and analytics firm, to strengthen its supply chain consulting and analytics capabilities. Chainalytics' 200+ employees will join NTT DATA's consulting business; the transaction is subject to customary closing conditions and expected to close in the coming weeks.

ThreeBridge Solutions and boutique consulting firm Keyot have merged under the ThreeBridge brand to combine ThreeBridge’s IT consulting scale with Keyot’s project delivery and workforce transformation capabilities. The deal brings Keyot’s management consulting expertise into ThreeBridge’s national practice (ThreeBridge reported 1,000+ consultants), expanding service offerings across business transformation, project-to-product and compliance remediation.

BCT Partners has acquired Critical Measures, a Minneapolis-based corporate training and management consulting firm that specializes in diversity, cross-cultural communication, and health equity. The acquisition expands BCT Partners' capabilities in diversity, equity and inclusion (DEI) and healthcare-focused training, enabling combined offerings that address COVID-19 related inequities and systemic racism.

USI Insurance Services has acquired Hildi Incorporated, an Eden Prairie, Minnesota-based actuarial consulting firm that specializes in defined benefit pension and post‑retirement plan services. Hildi will be combined with USI Consulting Group to expand USI’s retirement consulting capabilities in the Upper Midwest; terms were not disclosed.