Equiteq is pleased to announce the sale of its long-term client, Aecus Limited, to The Hackett Group Inc. Aecus is an award-winning European consultancy that helps clients optimize business process outsourcing (BPO), IT outsourcing (ITO) and robotic process automation (RPA) through benchmarking and implementation consulting.
Equiteq acted as exclusive financial advisor to Aecus Limited and its shareholders on the sale of the business having previously worked with the company for over 8 years in a strategic advisory capacity. The transaction closed on April 7, 2017.
Discussing the transaction, Aecus Managing Director Rick Simmonds commented, “We are really excited by this – joining The Hackett Group represents a fantastic move forward for Aecus. The strength of The Hackett Group’s brand combined with the breadth of complementary services will enable us to serve our clients even more effectively and will provide our people with greater professional opportunities.”
Regarding Equiteq’s role in the transaction, Rick Simmonds stated:“We’ve been working with the Equiteq team for many years. They’ve provided excellent advice throughout the long relationship, initially helping us understand and optimize the key value drivers in our business and more recently guiding us through the sale process and ensuring the desired outcome with Hackett was achieved.”
Ed Groome, Director, based in Equiteq’s London office, commented, “Completing this transaction is a great example of how Equiteq works with owners and optimizes the growth journey. It’s a great case study of how we support owners and meet their objectives by advising on the optimum value development plan and facilitate transactions through international M&A processes. In Hackett, we achieved a very satisfactory outcome for all Aecus shareholders and ensured the business is well placed to continue its growth.”