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Ernst & Young (EY) has acquired Bridge Business Consulting. Financial terms of the deal were not disclosed.This is technology M&A deal number 973 that ChannelE2E has covered so far in 2022. See more than 2,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.Ernst & Young, founded in 1989, is headquartered in London, England. The company has 355,764 employees listed on LinkedIn. EY’s areas of expertise include advisory, assurance, tax, transactions, audit, mergers, M&A, financial services, accounting, professional services, law, technology, consulting, data, transformation, strategy, legal, digital transformation, legal, growth and managed services.Bridge Business Consulting, founded in 2012, is based in Sydney, New South Wales, Australia. The company has 20 employees listed on LinkedIn. Bridge’s areas of expertise include management consulting, digital transformation, data & analytics, technology consulting, project management, digital marketing, program management, customer strategy, analytics, operating model, IT strategy, enterprise architecture, data governance, information strategy, digital marketing, customer analytics, business transformation, IT architecture, advanced analytics, business intelligence, data visualization, customer interactions, CRM, data strategy, data engineering, data management and AI.
The acquisition will deepen EY’s growing data and analytics practice and expand reach to clients across a range of industries, including asset and wealth management, banking, energy, entertainment and media, healthcare, insurance, retail, telecommunications, travel and transportation and utilities, the companies said.Bridge managing partners Robert Mazevski and John Desmond will be joining Ernst & Young Australia as partners. In addition, 20 data and analytics professionals will join EY in its data and analytics practice.
EY Acquires Bridge: Executive Perspectives
Cameron Wall, managing partner, data and analytics practice, EY
Cameron Wall, the EY managing partner for the data and analytics practice in the Asia-Pacific region said:
“The acquisition of Bridge further bolsters our ability to support EY clients to transform their businesses through data and analytics, alongside EY’s successful and well-respected Data & Analytics practice. Bridge aren’t strangers to us – we’ve worked together over the years and seeing them in action and the similarity in our approach to clients and the way we work gives us a lot of confidence that we will make a great team. Bridge has a successful track record of helping clients across consumer, retail, financial services, utilities, and telecommunications industries achieve business growth, and will bring a talented team and library of knowledge assets to enhance our technology consulting services."
John Desmond, Bridge managing partner and co-founder, said:
“We’re excited by the opportunities that joining EY will create for both the Bridge team and our clients. We align strongly to their purpose of ‘Building A Better Working World’ and with their values as an organization.”
Robert Mazevski, Bridge managing partner and co-founder, said:
“This is a great opportunity for us to continue to build our firm into an even stronger proposition for our people and our clients. We will be able to help accelerate our growth and fast-track our strategy as part of EY Business Solutions in the Asia-Pacific region. Our team is excited about the scale and range of opportunities that they will have access to by being a part of EY where the connections across the globe will open up even more interesting and challenging client engagements for us."
Sharon is a master technology storyteller and editor with omnichannel experience: books and print magazines, digital, webcast, blogging, podcast, live events and video and associated brand-specific social media content. From 1999 to 2003, she acquired and edited technology books and certification exam prep guides.
After a year spent in publicity and editorial at mass-market book publishers, she returned to tech publishing and, since 2004, explored B2C and B2B news, issues and trends in consumer, lifestyle, software, software development, AI, ML, networks, big data, hardware, security, storage, cloud, equity, inclusion, diversity, women in tech, career development, IT management, H-1B visa issues and immigration, education, training and learning.
Her previous role was as the managing editor at Techstrong Group in charge of Cloud Native Now, DevOps.com, Security Boulevard and Techstrong ITSM and their brand-specific social media. She currently serves as editorial director for CyberRisk Alliance’s channel brands, ChannelE2E and MSSP Alert and acting editorial director for SC Media UK. Drop me a note and let’s talk!