Move to further enhance EY technology consulting services
EY announced today the signing of a share purchase agreement to acquire Client Solvers (Holding) Limited (“Client Solutions”), a leading domestic enterprise technology firm in Ireland, with the aim of further elevating EY clients offering across digital, technology and innovation services.
The potential acquisition, which is subject to closing conditions including merger clearance by the Competition and Consumer Protection Commission, is expected to accelerate EY technology consulting growth ambitions. It will further enhance EY client offerings across a broad range of technology services, including Software Development, SAP Solutions, Service Management and Intelligent Automation and it will create a truly market leading technology proposition for EY clients.
EY technology consulting teams in Ireland are part of the growing EY Consulting Service Line that provides a range of client services across the areas of business consulting, technology consulting and people advisory services.
Frank O’Keeffe, Managing Partner, EY Ireland, commented: “The potential acquisition of Client Solutions is hugely exciting for EY teams and is in line with our ambitious growth strategy. We believe that Client Solutions will be a great fit for EY clients as we enhance our service offering and suite of business solutions. The Client Solutions team has a solid reputation in the market and their skills will complement EY teams’ existing credentials in the technology consulting space.”
“Clients are increasingly seeking guidance on how to innovate and transform their business models. Unlocking ingenuity and making change happen at an ever-increasing pace is critical to how we serve our clients. We are very excited about the possibility of bringing the full power of EY and Client Solutions’ experience and knowledge to the market.”
Barry McCarthy, EY Ireland Head of Consulting, said, “This potential acquisition will be of great value to our clients. We have seen incredible growth across our Consulting business in recent years and we know that this acquisition will help to really drive that growth into the future. We are very excited too about the potential we see in us bringing the full suite of EY business capabilities - from across business consulting and People Advisory Services - to Client Solutions wide range of great clients.
Ensuring that our clients continue to have access to cutting edge ideas, technologies and systems to help them realise their business goals while building long-term sustainable value, is what we do best.”
“This acquisition will amplify EY market leading services by leveraging Client Solutions expertise and intellectual property, alongside the full breadth of EY technology capabilities, industry and regulatory knowledge, financial expertise, and global geographic reach,” he added.
Teddy McCarthy, CEO, Client Solutions, said, “We look forward to the prospect of joining EY where we will continue to foster our culture of continuous improvement and innovation to deliver excellence in enterprise technology solutions. This is an exciting next step in our journey and together I am confident we will go from strength to strength in driving our clients’ success.”
Notes to Editor
Client Solutions was founded in 1994 and today employs over 240 people. The company serves a broad range of sectors with a blue-chip client base, ultimately helping organisations to bridge technology gaps and to harness the value of digital change and transformation. The business supports clients to improve their operations and make them more efficient, leading to quantifiable results such as: reducing defects, increasing throughput, increasing capacity, improving productivity and reducing overtime.
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
For further information contact:
Eimear Rigby: Eimear.Rigby@ie.ey.com. Mobile number: 087 439 9529