Oliver Wyman Acquires Avascent

Oliver Wyman Acquires SeaTec Consulting Inc.

December 12, 2023

Transportation

Oliver Wyman, a business of Marsh McLennan, has agreed to acquire SeaTec Consulting Inc., a provider of consulting, engineering, and digital services for the aviation, aerospace & defense, and transportation industries. SeaTec will integrate with Oliver Wyman's CAVOK aviation division to expand technical services and scale aviation, aerospace, and defense consulting capabilities globally; the transaction is expected to close in Q1 2024.

Accenture Acquires Ottawa-based Avenai

October 7, 2020

IT Services

Accenture agreed to acquire Avenai, an Ottawa-based consulting and technology services firm, to bolster its public-sector technology transformation capabilities in Canada. Financial terms were not disclosed; Avenai's founders and employees will join Accenture's Strategy & Consulting practice.

Oliver Wyman to Acquire Veritas Total Solutions

June 17, 2024

Energy

Oliver Wyman, a business of Marsh McLennan, has entered into an agreement to acquire Veritas Total Solutions, a commodity trading advisory firm specializing in risk, systems, analytics, and AI. The deal — expected to close in Q3 2024 — will bring Veritas' Houston-based team into Oliver Wyman to expand the firm's commodity trading advisory and trading-optimization capabilities.

Janes Acquires Global Platforms & Systems (GPS) Business from Avascent

November 24, 2020

Aerospace & Defense

Janes has agreed to acquire the Global Platforms & Systems (GPS) defence market analytics business from Avascent. The deal (announced November 2020) brings Avascent’s market analytics capability into Janes’ open-source defence intelligence offerings and is expected to close subject to customary conditions, strengthening Janes’ position in defence market forecasting and analytics.

Anser Advisory Acquires Ascent

September 2, 2020

Engineering Services

Anser Advisory, a portfolio company of RTC Partners, has acquired Ascent, a 30-employee capital program delivery and project management consultancy headquartered in Chicago, Illinois. The acquisition expands Anser's capabilities and geographic coverage across healthcare, transportation and education markets and brings Ascent's program controls and finance consulting expertise into Anser's national platform.

Madison Dearborn Partners and CoVant Management Acquire AEVEX Aerospace

March 9, 2020

Aerospace & Defense

Madison Dearborn Partners and CoVant Management have agreed to acquire majority ownership of AEVEX Aerospace from Trive Capital. AEVEX is a provider of full‑spectrum airborne intelligence, surveillance, and reconnaissance (AISR) technology solutions to the U.S. Department of Defense, Special Operations, and the Intelligence Community; the company employs approximately 600 people and maintains offices across multiple U.S. states. The transaction is expected to close by the end of Q1 2020, and AEVEX's founder‑management team will retain a significant ownership stake.