Services giant Computer Sciences (CSC) will double its UK consulting operations following the acquisition of London-based Kalchas.
Kalchas, a strategy consultancy, will be merged with CSC's own management consulting arm, CSC Index, and will fill a high level strategy hole in the company's services portfolio.
For an undisclosed sum, CSC Index will take on Kalchas? 70 staff, plus another 15 based at its US offices in New York. Tom Tiernan, marketing vice president at CSC Index, said Kalchas will enable CSC to offer everything from strategy consultancy - helping firms develop future policies and analyse competitive advantage - to change management, re-engineering and systems integration.
Index' chief executive, Douglas Gray, said: ?The acquisitions of Kalchas will double the size of our UK operations. We expect it to contribute significantly to the consulting capabilities that both CSC Index and CSC deliver to their clients.?
Both companies had worked separately for common clients, and the two have already submitted a joint proposal to a large US organisation.
Kalchas was set up in 1988 by three former Bain and McKinsey consultants. It advises chief executives on issues such as corporate strategy, shareholder value analysis, and the search, valuation and screening of possible acquisitions.
It is currently working on projects with around 12 clients in markets such as chemicals, pharmaceuticals, retail, and financial services.
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