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WSP to Acquire Ricardo in $670 Million Deal

1 week ago | consultingmag.com | Michael Webb

WSP's Acquisition of Ricardo boosts transport, energy and environment practices as well as presence in UK, Australia and the Netherlands. Michael Webb | June 18, 2025 WSP Global Inc. has announced its plans to acquire the UK-based engineering consultancy firm Ricardo for £363.1 million, or approximately $670 million. The acquisition will see WSP purchase all of the issued and to be issued share capital of Ricardo at a price of approximately $5.46 USD per share.
Barry Gold Joins Alvarez & Marsal

1 week ago | consultingmag.com | Michael Webb

Alvarez & Marsal has announced the appointment of Barry Gold as a Managing Director in its Private Equity Performance Improvement (PEPI) group. With Mr. Gold’s hire, A&M weaves its in-depth private equity expertise with its infrastructure sector bench strength ensuring the delivery of bespoke end-to-end solutions, from feasibility to exit, for private equity, strategic investors and developers.
SURVEY: Asian Manufacturing Slowdown Fuels Global Supply Chain Underutilization

1 week ago | consultingmag.com | Michael Webb

The GEP Global Supply Chain Volatility Index for May 2025 registered -0.46, a decrease from April's -0.39, indicating growing spare capacity across global supply chains. This shift is primarily attributed to a significant slowdown in Asian manufacturing, which has reached a 17-month low, largely influenced by tariff impacts on China-based suppliers.
Plante Moran Acquires Tonneson + Co

1 week ago | consultingmag.com | Michael Webb

Michigan-based accounting and consulting firm Plante Moran has announced that it has acquired Boston-based accounting and advisory firm, Tonneson + Co, effective July 1, 2025. This strategic combination marks a significant milestone in Plante Moran’s continued expansion along the East Coast and affirms both firms’ commitment to their clients and staff. Among the largest 25 accounting firms in Boston, Tonneson + Co has a storied 50-year history providing expert audit, tax and advisory services.
Grant Thornton Further Expands Multinational Platform

1 week ago | consultingmag.com | Michael Webb

Grant Thornton Advisors LLC has announced agreements to expand the multinational platform it formed in January with Grant Thornton Ireland. The platform will now include Grant Thornton Switzerland/Liechtenstein and Grant Thornton in the Channel Islands (known as Grant Thornton Limited, Channel Islands). Earlier this year, Grant Thornton Advisors announced transactions to join the platform with UAE, Luxembourg, the Cayman Islands and the Netherlands.
SolomonEdwards Acquires Pencek Advisors

1 week ago | consultingmag.com | Michael Webb

SolomonEdwards, a national professional services firm, has announced the acquisition of Pencek Advisors, a boutique consultancy specializing in private equity portfolio company transformation. The move formalizes an existing proven partnership and marks the official launch of SolomonEdwards’ Private Equity Services, a purpose-built platform to help lower to middle-market private equity (PE) firms and their portfolio companies accelerate performance, scale infrastructure and drive value creation.
Alvarez & Marsal Appoints John Arp as Managing Director Within Corporate Transactions Group

1 week ago | consultingmag.com | Michael Webb

Alvarez & Marsal’s Corporate Transactions Group in the U.S. has announced the appointment of John Arp as a Managing Director as the practice crosses its first-year milestone. Based in Atlanta, Mr. Arp specializes in M&A strategy, operational due diligence and deal execution and boasts sought-after expertise in the agriculture inputs, industrial and chemical industries.
SURVEY: Entrepreneurs Confident in Growth, Prioritize AI and M&A Amid Economic Concerns

1 week ago | consultingmag.com | Michael Webb

Despite persistent economic uncertainties, an overwhelming 95% of U.S. entrepreneurs are confident their businesses will grow in the next year, actively pursuing fundraising, strategic transactions, and AI investments, according to a new Ernst & Young (EY US) study. Why it matters: This optimism from business leaders, detailed in the biannual EY Entrepreneur Ecosystem Barometer, offers a key signal for the broader economic outlook and highlights emerging opportunities for consultancies.
Riveron Adds Two to Board of Directors

1 week ago | consultingmag.com | Michael Webb

Riveron has announced the addition of two new members to its Board of Directors—Jaideep Bajaj as Chairman and Mike McKay as a Director, effective immediately. As Chairman of Riveron’s Board, Bajaj will leverage his experience with ZS Associates to provide strategic guidance and insight into navigating Riveron through an accelerating growth trajectory.
Infinite Promotes Jesse Dungan to Executive Vice President

2 weeks ago | consultingmag.com | Michael Webb

Communications and reputation management firm Infinite has announced that it promoted Vice President Jesse Dungan to Executive Vice President. In his new role, Jesse will focus on strengthening client relationships, helping the firm evolve to meet the needs of its clients, and supporting the continued development of Infinite’s high-performance culture. Dungan, who joined Infinite in 2011, has played a crucial role in the company’s growth and success.