The acquisition will accelerate the growth of Atos and strengthen its position as a leading provider of IT consulting and services bringing digital marketing expertise in the Consumer Goods, Luxury, Pharma and Financial Market sectors.
“We are very excited to have found a partner in Atos and this deal will take CTP to the next level. GP Bullhound was instrumental in structuring a transaction that worked for all parties. GP Bullhound’s deep sector knowledge and strong advisory experience proved invaluable in finding the right partner,” said Vijay Srinivasan, CEO of CTP. “Joining Atos will allow us to service our customers at greater scale and enhance our suite of services across multiple disciplines and territories.”
This represents the completion of GP Bullhound’s 12th transaction in 2014 and further highlights the firm’s commitment to working with category leaders.
Cambridge has been serving the Swiss IT market since the early 1990s. In 2008, it became an independent company following the spin-off from Novell, Cambridge reported revenues of CHF 40 million in 2013. In a very competitive market, Cambridge has developed a strong reputation in the areas of digital marketing, Identity & Access Management (IAM) and Digital Work Place, in addition to traditional business and technology consulting. Cambridge, with its clear focus and reputation for providing IT consulting services to global top tier companies, supports the ambition of Atos to grow its consulting business in Switzerland and globally. Joining forces will create significant growth, strong differentiation, global reach and technology leadership in Switzerland and beyond.
Atos is an international information technology services company with 2013 annual revenue of EUR 8.6 billion and 76,300 employees in 52 countries. Serving a global client base, it delivers information technology services through Consulting & Systems Integration, Managed Operations, and transactional services through Worldline, the European leader and a global player in the payments services industry. With its deep technology expertise and industry knowledge, it works with clients across the following business sectors: Manufacturing, Retail & Transportation; Public Sector & Health; Financial Services; Telecoms, Media & Utilities. Atos is focused on business technology that powers progress and helps organizations to create their firm of the future. It is the Worldwide Information Technology Partner for the Olympic and Paralympic Games and is listed on the NYSE Euronext Paris Market. Atos operates under the brands Atos, Atos Consulting, Worldline and Atos Worldgrid.
GP Bullhound is an international technology investment banking group with offices in London, San Francisco, Stockholm, Berlin and Manchester. Founded in 1999, GP Bullhound provides world-class advice on mergers, acquisitions and private placements to a diverse range of corporate clients, institutional investors and high net worth individuals. Combining a true love for entrepreneurship and innovation with deep global buyer relations and sector expertise, GP Bullhound has completed transactions for many category leaders, most recently selling Pozitron to Monitise, Pure360 to SEP, Tunigo to Spotify, and Fjord to Accenture. For more information, please visit www.gpbullhound.com. In 2013, GP Bullhound was awarded Boutique Investment Bank of the Year and Leading Advisers of the Year by the Acquisition International M&A Awards, and Manish Madhvani, a Founding Partner of GP Bullhound was named as a winner of the fourth annual M&A Advisor 40 Under 40 Award.