BearingPoint

BearingPoint Acquires New Assets for Its Products Unit and Expands Its Securitization and Refinancing Capabilities

Retrieved on: 
Thursday, April 20, 2023

European management and technology consultancy BearingPoint announced it has acquired the business unit TXS Securitization via a partial transfer of operations from TXS .

Key Points: 
  • European management and technology consultancy BearingPoint announced it has acquired the business unit TXS Securitization via a partial transfer of operations from TXS .
  • TXS Securitization will be integrated into the existing BearingPoint Products business unit.
  • With the transaction, TXS will transfer its entire business unit to BearingPoint, including its team of experts, customers, and the products Funding Management and absnext.
  • I am delighted to welcome the TXS Securitization team to the BearingPoint family.”
    Donald Wachs, Global Leader BearingPoint Products: “Through the asset purchase of TXS Securitization business, we clearly expand our market leadership position in this area.

BearingPoint Strengthens Its Capabilities in the UK by Acquiring Salesforce Specialist Smplicity

Retrieved on: 
Tuesday, April 4, 2023

European management and technology consultancy BearingPoint announced it has acquired London-based specialist Salesforce consulting company, Smplicity .

Key Points: 
  • European management and technology consultancy BearingPoint announced it has acquired London-based specialist Salesforce consulting company, Smplicity .
  • As a registered Salesforce Partner, Smplicity offers clients a range of services to help deliver strategic and business improvement projects through the use of the Salesforce platform.
  • View the full release here: https://www.businesswire.com/news/home/20230404005194/en/
    European management and technology consultancy BearingPoint has acquired London-based specialist Salesforce consulting company, Smplicity.
  • This acquisition demonstrates the commitment of BearingPoint in developing its Salesforce capabilities, investing in deep expertise and capabilities to support its existing market presence.

BearingPoint client success story: Hg successfully sold tech-enabled MEDIFOX DAN into a unicorn, closing the transaction for $1 billion

Retrieved on: 
Thursday, March 30, 2023

In a recent client story, management and technology consultancy BearingPoint shows how it supported Hg in preparation for the transaction with an objective analysis of MEDIFOX DAN’s technology setup.

Key Points: 
  • In a recent client story, management and technology consultancy BearingPoint shows how it supported Hg in preparation for the transaction with an objective analysis of MEDIFOX DAN’s technology setup.
  • BearingPoint Capital, the Transactions Services and M&A arm of BearingPoint, customized its approach to ensure that the technology vendor due diligence answered Hg’s needs for an equitable sale of MEDIFOX DAN.
  • As a result, Hg was able to confidently and comprehensively portray the technology platform and organization of MEDIFOX DAN to prospective buyers.
  • Hg has successfully completed the business transaction of MEDIFOX DAN with a sales price of around $1 billion.

BearingPoint Client Success Story: RGF Staffing Blends Technology and Customer Experience to Create Staffing Solutions That Are Faster and Simpler

Retrieved on: 
Thursday, March 16, 2023

Together with BearingPoint, RGF Staffing launched the CDX readiness check with and for its operating companies (OpCos).

Key Points: 
  • Together with BearingPoint, RGF Staffing launched the CDX readiness check with and for its operating companies (OpCos).
  • BearingPoint engaged RGF OpCos in a series of webinars and podcasts to increase their awareness of the program’s benefits.
  • The readiness of the key components – Customer Experience, Digital Transformation, and Data – was then mapped, resulting in a maturity framework.
  • “It was a perfect fit for us because we’re a people-centric consultancy, and RGF Staffing needed people-centric digital solutions.

BearingPoint Posts Strong Full-year Results Amid Record Growth

Retrieved on: 
Tuesday, March 7, 2023

To support its strong development, BearingPoint increased the number of its people by 23 percent.

Key Points: 
  • To support its strong development, BearingPoint increased the number of its people by 23 percent.
  • View the full release here: https://www.businesswire.com/news/home/20230306005707/en/
    “2022 was an outstanding year for BearingPoint,” said Kiumars Hamidian, Managing Partner of BearingPoint.
  • With more than 300 people, the Products business unit was another highlight for BearingPoint, recording strong revenue growth of 25 percent.
  • BearingPoint heads into the future as a strong purpose-driven firm, focusing on people, innovation, and sustainability.

BearingPoint broadens consulting capabilities in Finland by acquiring sustainability team from Korkia

Retrieved on: 
Wednesday, March 1, 2023

European management and technology consultancy BearingPoint announced it has acquired the sustainability consulting practice of Korkia, a Helsinki-based investment and advisory company.

Key Points: 
  • European management and technology consultancy BearingPoint announced it has acquired the sustainability consulting practice of Korkia, a Helsinki-based investment and advisory company.
  • With the transaction, a team of highly qualified experts will join BearingPoint and complement BearingPoint’s offering in the field of renewable energy, resource industries and low emission traffic.
  • Kiumars Hamidian, Managing Partner BearingPoint, said: “I am delighted to welcome the sustainability team of Korkia to the BearingPoint Family.
  • The combined sustainability practice of BearingPoint and Korkia will deliver a comprehensive suite of services to support clients on their sustainability journey,” said Kiumars Hamidian.

IFS performance outpaces competitors with 5th consecutive year of double-digit growth

Retrieved on: 
Wednesday, January 25, 2023

The company posted exceptional results with software revenue growth at 28 percent year-on-year and cloud revenue growth up 80 percent as existing customers and new customers switch to IFS Cloud.

Key Points: 
  • The company posted exceptional results with software revenue growth at 28 percent year-on-year and cloud revenue growth up 80 percent as existing customers and new customers switch to IFS Cloud.
  • The 2022 results mark the fifth consecutive year IFS has secured strong double-digit revenue growth, demonstrating unparalleled robustness in its strategy and ability to execute globally.
  • In April 2022, IFS launched Arcwide, a joint venture with BearingPoint designed to accelerate the pace of IFS Cloud deployments.
  • We increased our headcount to over 5,900 employees, reached a significant landmark in revenue at $1bn and outpaced our competitors by delivering double-digit growth for the 5th consecutive year."

IFS performance outpaces competitors with 5th consecutive year of double-digit growth

Retrieved on: 
Wednesday, January 25, 2023

The company posted exceptional results with software revenue growth at 28 percent year-on-year and cloud revenue growth up 80 percent as existing customers and new customers switch to IFS Cloud.

Key Points: 
  • The company posted exceptional results with software revenue growth at 28 percent year-on-year and cloud revenue growth up 80 percent as existing customers and new customers switch to IFS Cloud.
  • The 2022 results mark the fifth consecutive year IFS has secured strong double-digit revenue growth, demonstrating unparalleled robustness in its strategy and ability to execute globally.
  • In April 2022, IFS launched Arcwide, a joint venture with BearingPoint designed to accelerate the pace of IFS Cloud deployments.
  • We increased our headcount to over 5,900 employees, reached a significant landmark in revenue at $1bn and outpaced our competitors by delivering double-digit growth for the 5th consecutive year."

BearingPoint: Mobility’s Shift to Electric Vehicles and Personalized Services to Transform the Energy Landscape

Retrieved on: 
Thursday, January 19, 2023

users will consume services rather than own vehicles.

Key Points: 
  • users will consume services rather than own vehicles.
  • Products and services in the utilities sector will become more customer-centric and move away from one-size-fits-all offerings, requiring a transformation of business models.
  • But to realize the opportunities that are even out there right now, companies must be willing to rethink and transform their business models.
  • Personalized digital services may include parking spot finders and food orders/pickups at charging/fuelling stations.

BearingPoint boosts banking, insurance and asset management capabilities by acquiring Levo Consultants

Retrieved on: 
Tuesday, January 3, 2023

BearingPoint, a European management and technology consulting firm, announced it has acquired Levo Consultants, a Paris-based financial services consultancy.

Key Points: 
  • BearingPoint, a European management and technology consulting firm, announced it has acquired Levo Consultants, a Paris-based financial services consultancy.
  • Founded in 2018, Levo Consultants offers clients a high level of expertise in the insurance, banking and asset management sectors, with over half of its consultants having held operational and management responsibilities during their careers.
  • Once again, we see compelling new value propositions for our clients with the addition of Levo Consultants to the BearingPoint family,” said Kiumars Hamidian, Managing Partner BearingPoint.
  • “The connection between Levo Consultants and BearingPoint is obvious: our know-how and client portfolios complement each other.