The West Australian: Oliver Wyman Swoops On Azure Consulting
January 10, 2022
Global management consultancy Oliver Wyman is buying WA boutique firm Azure Consulting, bulking up on local expertise amid a rush by Australian companies for advice to help them navigate decarbonisation.
The purchase, expected to be finalised next month, will deliver the US-owned Oliver Wyman 20 professionals in Perth and Melbourne, including Azure Consulting’s four equity partners - Robert Radley, Mark Bosnich, Oliver Kerr and Michael Crestanello.
Owned by the New York-listed Marsh McLennan, Oliver Wyman suggested it was scouting other potential acquisitions to follow up on its WA purchase.
“We see outstanding opportunities for growth in the Australian consulting market and this acquisition is just the latest step in our efforts to build up our business here,” the firm’s Asia-Pacific managing partner Jacob Hook said.
The purchase of Azure Consulting for undisclosed terms will expand Oliver Wyman’s presence in the resources sector and “particularly advance its efforts to continue supporting clients in the transition to a net-zero future”.
Read the full article on: The West Australian