BearingPoint Acquires Public Services Consultancy Prederi in the UK

The acquisition supports BearingPoint’s overall growth objectives,
increases its critical mass in the UK, and broadens its public service

AMSTERDAM–(BUSINESS WIRE)–#Acquisition–Management and technology consultancy BearingPoint
made a strategic move by acquiring Prederi,
a leading consultancy focused on public services in the UK. The
acquisition supports BearingPoint’s overall growth objectives,
strengthens its presence in the UK, and broadens its public service
capabilities. With this transaction, two highly profitable companies
join forces. Prederi provides expert advice and consultancy and serves a
large number of prestigious UK public sector clients. For many years,
Prederi has been generating stable revenue streams. The Prederi team now
expands BearingPoint’s expertise and capabilities in one of the largest
and most competitive public services markets in Europe.

“With the acquisition of Prederi we are continuing our growth strategy
in selected markets with consultancies that are highly focused and
strongly differentiated,” said Kiumars Hamidian, Managing Partner of
BearingPoint. “Prederi’s portfolio is a perfect complement to our public
service strategy and supports our strategic growth areas.”

“Joining forces with Prederi is an important step as we continue to
broaden our capability footprint in the UK. Prederi has a strong
strategic, operational and cultural fit with our existing UK business.
It is another highly focused acquisition that offers an excellent
addition to our portfolio,” added James Rodger, Regional Leader UK and
Ireland for BearingPoint.

Stewart Johns, Managing Director of Prederi, commented: “We are
delighted that Prederi is joining up with BearingPoint. Our passion has
always been to provide a high quality and value for money consulting and
training service to UK Central and Local Government and the NHS. Being
with BearingPoint will enable us to accelerate our growth sustainably
and to enhance and extend what we can do for our clients in today’s
challenging climate. We look forward to working with new colleagues in
the UK and Ireland and across Europe to share know-how and develop new
solutions for the benefit of the full BearingPoint client base. Most of
all, we are excited at the development opportunities that will open up
for the Prederi team and those who will join us in the future.”

About Prederi
Prederi is a specialist UK public sector
consultancy formed in 2012. The firm’s clients include the NHS, local
government, regulators and a range of Central Government departments,
including the Ministry of Defence, Home Office and the Department of
Health. Prederi’s capability spans finance, strategy, digital, change
management, and learning and development, and the firm extends its
effect through partnerships with a range of industry players. Prederi
has been shortlisted for several industry awards by the UK’s Management
Consultancy Association (MCA) and Laing Buisson and, in 2016, was
recognised by the MCA as Best New Consultancy.

About BearingPoint
is an independent management and technology consultancy with European
roots and a global reach. The company operates in four units:
Consulting, Solutions, Business Services, and Ventures. Consulting
covers the advisory business; Solutions provides the tools for
successful digital transformation, advanced analytics and regulatory
requirements; Business Services provides managed services beyond SaaS;
Ventures drives the financing and development of start-ups.
BearingPoint’s clients include many of the world’s leading companies and
organizations. The firm has a global consulting network with more than
10,000 people and supports clients in over 75 countries, engaging with
them to achieve measurable and sustainable success.

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Press contact
Mike Kronfellner
Global Head Marketing &
Tel.: +49 89 540337070

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