Mergers and Acquisitions, Mergers and Acquisitions, Private equity

Valcon Acquires European Digital Transformation Consulting Firm P2


European consulting company Valcon has acquired P2 Consulting from private equity firm Lonsdale Capital Partners. Terms of the deal were not disclosed.

This is technology M&A deal number 795 that ChannelE2E has covered so far in 2021. See all technology M&A deals for 2021 and 2020 listed here.

Valcon Acquires P2 Consulting: About the Businesses

Valcon is a strategy and technology consulting firm with 800 consultants in the Netherlands, the UK, Denmark, Sweden and Germany. Valcon is backed by private equity firm Waterland.

P2 Consulting is a UK-centric consulting organization focused on digital and business transformation. The firm's 200 employees focus on strategy execution, program and project management in financial services, utilities, retail and government, according to a statement released by the company. P2 Consulting has been working with private equity firm Lonsdale Capital Partners (LCP) since 2016 to grow the business organically through expansion and through acquisition, according to the statement.

Now, LCP has achieved its investment goals and P2 will join the current Valcon UK – which has 100 people who focus on data and technology challenges – to strengthen its UK practice to help clients with business consulting, technology and data solutions, according to the statement.

Valcon Acquires P2 Consulting: Executive Commentary

Geert van den Goor
Geert van den Goor, Valcon managing partner

Phil Rolfe, CEO, P2 Consulting

Geert van den Goor, Valcon managing partner, commented:

“I am very excited about P2 joining us. We have known P2 for some time and are impressed with its track record and people. The combination of P2 and our Valcon UK practice gives us the ability to help all our clients more effectively and gives us a much broader scale. Furthermore, we can also leverage P2’s experience in financial crime consulting to our broader Dutch and Scandinavian client base.”

Phil Rolfe, P2’s CEO, added:

“We are delighted to become part of Valcon. We knew at some point our partners LCP would achieve their investment goals and P2 would take the next steps in the journey to becoming a challenger to the big four. In Valcon, we have found a partner very culturally similar to P2 – we share the same values – and we both help clients by providing transformation support and expertise in PMO, testing, data and engineering. We know there is demand amongst our client base for the technology, data and cloud services that Valcon brings and we are confident Valcon’s European clients will benefit from P2’s deep transformation experience.”