Tue, 11 Mar 2025 | BUSINESS SALE
Edinburgh-based management consultants Alba Partners has bought London-based data and AI specialists Core Consultants Group.
Founded in 2019, Core Consultants specialises in data and artificial intelligence technology. It offers a range of services from data engineering & cloud platforms to analytics and visualisation, AI Data Science and Machine Learning, Data Governance, Quality and Protection. Its clients include UK government agencies, insurance companies, professional services firms and telcos.
As part of the deal all of Core's team members will integrate into Alba Partners’ UK and Middle East operations.
The acquisition caps a period of significant growth for Alba whose services include business transformation, programme delivery and technology services. Its clients include luxury retailers and banks.
Alba has also announced an expansion of its senior leadership team. Experienced financial services consultant Graeme Devlin has been appointed associate director, head of wealth and asset management, and will be based in Edinburgh.
Meanwhile, existing Alba Partners staff Charles Churchill and Jeff Simmons have been appointed head of financial institutions and associate director, head of the advisory group, and risk management & compliance lead, respectively.
The new roles will strengthen Alba Partners’ already significant work in financial services and asset management.
Announcing the acquisition of Core Consultants Group, Alba Partners chief executive Richard Jacobs, said: “We are excited to welcome Core Consultants Group to the Alba Partners team. This acquisition represents a significant milestone in our growth strategy, and we believe that Core Consultants Group expertise will complement our existing offerings and create new opportunities for our customers.”
Core Consultants Group CEO, John Hall, added: “We are thrilled to join forces with Alba Partners and together, we will be able to leverage our combined strengths to drive innovation and deliver greater value to our clients.”
Find out more about M&A trends in the consultancy sector
An exciting opportunity to acquire a well-established independent financial advisor firm with £125m in funds under management in Wiltshire.
Although profitable, this business has quality personnel who can continue working, leading to a smoother transition post sale.
This firm represents a superb opportunity to establish a hub, with staff and offices already in place.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.