Press release

Equiteq advises leading data analytics consultancy Cervello on its sale to A.T. Kearney

January 17, 2019

January 2019

Equiteq, the knowledge economy M&A specialist, is pleased to announce that it has advised Cervello, Inc., a Boston-based data analytics consultancy, on its sale to A.T. Kearney, a leading global management consulting firm.

A.T. Kearney, a leading global management consulting firm, has acquired Cervello, an elite business analytics and data management consultancy. Operating as “Cervello, an A.T. Kearney company,” Cervello’s team of renowned data engineers, data scientists, and developers will work closely with A.T. Kearney client service teams worldwide to power client performance improvement and transformation programs with expert technology consulting, agile analytics, and data-driven insights.

“Winning with data, that is what it’s all about. Cervello’s deep, hands-on knowledge of big data, cloud, and data platforms will help us jointly develop more robust tools and customized solutions for our clients’ most difficult problems,” said Alex Liu, managing partner and chairman of A.T. Kearney. “It will also be mission-critical for us to leverage Cervello’s proven ability to develop “leave-behind” solutions and managed services that sustain value-delivery to our clients long after we complete the assignment.”

Scot MacGillivray, CEO of Cervello, observed, “Cervello is already helping some of the world’s most respected companies to win with data. Joining forces with A.T. Kearney will exponentially increase our business impact to our current and future clients. First, we will dramatically increase our global reach. Second, we see our strengths as blending remarkably well. Our technology expertise will embed seamlessly within A.T. Kearney’s deep industry expertise. Third, our clients see the value and urgency in this combination of strengths. All of us at Cervello are excited to be a driving force in the future growth of A.T. Kearney, and in the success of the firm’s clients around the world.”

Regarding Equiteq’s role in the transaction, Scot MacGillivray said, “Based on their reputation, we entrusted the sale of our business to Equiteq. Their unrivaled sector knowledge and unique approach to positioning businesses like ours to the market made them the obvious choice.  Adam Tindall and his team lived up to their reputation; they did a first-class job of generating competition, guiding us through the various complexities of the transaction process, creating multiple options for us to consider, and guiding our decision making with the right advice at the right time. Their dogged determination, attention to detail and unwavering commitment has enabled us to achieve this tremendous outcome, setting us up for an exciting, successful future with A.T. Kearney.”

Adam Tindall, Managing Director of Equiteq’s North America practice, commented, “The Cervello team have built an exceptionally strong business in the data analytics space and it has been a privilege to help them achieve this partnership with A.T. Kearney. The combination stands to provide significant incremental value to both parties’ clients and opportunities for their employees. We wish Cervello and A.T. Kearney the very best of luck”.

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