Cambridge Technology Partners
About the Client
Cambridge Technology Partners is a leading IT consulting firm in the Swiss market with 300 employees. 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.
About the Deal
GP Bullhound acted as the exclusive financial advisor to Cambridge Technology Partners (“CTP”) on its sale to Atos SA (“Atos”). 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.”