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UK headquartered Elixirr has acquired administration consultancy Insigniam for an undisclosed deal. The transfer will allow Elixirr to develop its footprint throughout Europe and North America.
Stephen Newton, CEO and founding father of Elixirr, stated, “I’m exceptionally proud to develop our staff, bringing in those that share in Elixirr’s ethos, entrepreneurial spirit and need to create significant change – and in Insigniam now we have discovered precisely that. Insigniam has constructed a prestigious status and is trusted by world-leading purchasers… When mixed with Elixirr’s technique, know-how and execution capabilities, collectively we are able to supply our respective purchasers a lot higher worth to fulfill their hardest challenges in an much more impactful, dynamic approach.”
Based in 2009, Elixirr is an award-winning international consulting agency working with purchasers throughout a various vary of industries, markets and geographies. The agency initially got down to be ‘the challenger consultancy’, and do issues otherwise than the massive company consultancies dominating the business. In recent times, stories from the agency counsel this strategy is paying dividends – with Elixirr noting robust outcomes by means of the primary half of 2023, with a 23% income improve to £41.1 million – at a time when lots of the business’s largest gamers appear to have turned to internal office mergers to spice up short-term profitability.
As Elixirr seems to be to kick on from this, the agency has introduced a deal to develop its presence within the profitable US consulting sector – the biggest nationwide consulting market on the planet – and Europe. It has penned a deal to carry Insigniam into its fold – bringing 53 professionals into Elixirr’s staff all over the world.
With over 35 years of expertise, Insigniam has constructed an unparalleled status for catalysing change within the US and European markets – with workplaces in Narberth and Laguna Seaside within the US, Paris and London in Europe, and an outpost in Hong Kong. With a powerful concentrate on healthcare, prescribed drugs, retail and client packaged items, the agency works to mix their purchasers’ deep data of their enterprise with Insigniam’s insights and distinctive strategies for altering behaviour and maximising outcomes.
Working overtly and collaboratively with purchasers from begin to end additionally varieties a core facet of Elixirr’s methodology, making the transfer a cultural match, in response to Shideh Sedgh Bina, co-founder of Insigniam. That is one thing which opens up main alternatives for each corporations.
Bina added, “Like Insigniam, Elixirr isn’t afraid to problem conference, speak straight and disrupt the established order. Elixirr and Insigniam each maintain expensive an ethos of deep consumer service, and we consider that collectively, combining one of the best of ‘being human’ with know-how and knowledge, we are going to ship dramatic new outcomes for our purchasers.”
The transfer is Elixirr’s sixth acquisition to-date since 2020, and marks the most recent step within the agency’s technique to diversify its service providing – which additionally noticed it tackle US AI start-up Responsum earlier within the autumn. As a part of the acquisition, Elixirr additionally welcomes 4 new companions: alongside Bina, fellow founding companions Nathan Owen Rosenberg, Katerin Le Folcalvez and Jennifer Zimmer additionally be part of Elixirr’s senior staff.
Rosenberg added, “Insigniam’s mixture with Elixirr provides our purchasers a variety of providers that, in my scan of the market, has not been out there. Already, the Elixirr companions and Insigniam companions are collaborating to catalyse new worth for our mixed purchasers, in addition to engaged on a brand new set of choices. Actually, we are able to now supply the total vary of experience and providers wanted to rework a CEO’s agenda into actuality. Shoppers will see new capabilities to fulfil their intentions. We now present extraordinary worth to the CEO and his or her staff and to every govt within the C-suite, past what both agency might supply earlier than the mixture.”
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