‘Step change’ deal comes amid huge digital disruption for clients
Professional services firm Gemserv has acquired two specialist consultancies in Digital Transformation and Cyber Security in a move to strengthen and broaden services to clients and open up new markets.
The company, which is involved in high-profile projects across the energy market and other sectors – including the smart metering rollout in the UK – has bought ASE Consulting and Aprose Risk.
The deal, for an undisclosed sum, will create a combined group with 180 staff and annual revenues of more than £20m. The enlarged business has clients across the public and private sector, including energy, government and healthcare, as well as rapidly evolving areas such as electric vehicles and the Internet of Things.
Alex Goody, who was appointed chief executive of Gemserv in July, says the acquisitions represent a step change for the combined business at a time when significant opportunities are emerging from the disruption underway in its core markets.
“The pace of change in the energy sector is accelerating and technology and data advances means it is increasingly connecting with other sectors such as transport and telecoms,” he explains.
“These acquisitions will help Gemserv keep ahead of developments by enhancing our digital expertise. As well as significantly strengthening and broadening the services the combined business can offer to our existing clients, it will also expand the reach of Gemserv into exciting new areas.”
Alex stressed it will be ‘business as usual’ for clients of the enlarged group.
“The existing strong relationships we have will continue but clients will now have access to greater capacity and capability.”
Alex says the skills and client base of the two sister companies being acquired are highly complementary and that the staff of the combined group will also benefit from enhanced career opportunities.
“We have been looking for the right match to meet our growth ambitions for two years and ASE Consulting and Aprose Risk are a very good fit in terms of services, clients and sectors.”
Robin O’Connor, a director of ASE and Aprose who is taking up the position of Director of Digital Transformation at the combined business, says becoming part of Gemserv was a natural evolution.
“We have helped a range of clients across a number of sectors to identify, procure and then embrace the challenge and opportunity of technological change. That has given us valuable insight which we can now bring to a broader range of clients through joining forces with Gemserv,” he says.
“Our clients will also benefit from access to Gemserv’s expertise and being part of a larger organisation will offer greater career development opportunities for our staff.”