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Capita acquires consulting firm

Jun 05
Tags: Capita Consulting
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Capita acquires consulting firm

Equiteq LLP, a consulting industry merger and acquisition specialist, has announced that one of its clients, Blue Sky Performance, has been bought by Capita plc.

Blue Sky, which is based in the UK and employs a total of 34 workers, is a learning and development consultancy specialising in behavioural change.

The deal with Capita is thought to be the ideal way of combining the expertise of the two firms, while also improving the level of performance in Capita's operational teams, enhancing its ability to offer a better service for its clients.

Paul Collins, managing partner at Equiteq said that the deal was a good example of what could be achieved from a solid level of planning over the course of a number of years.  

Equiteq first began working with Blue Sky five years ago, at which point it was only a quarter of its current size.

Mr Collins added that it was through thorough preparations over the course of the last 18 months that helped make Blue Sky such an attractive prospect to large companies like Capita.

Marc Jantzen, CEO at Blue Sky, said: "The great thing about working with Equiteq is that they have been there and bought the T-shirt. There isn't a conundrum they haven't come up against and you get advice on every aspect of the journey. They provided us with an end-to-end solution, starting with the building of the plan to grow the business, executing the plan, then taking the business to market for a successful sale to Capita."

He added that the company's support and coaching allowed Blue Sky to build up the level of confidence needed to make the right steps for success, even going so far as to suggest that the close working relationship between the two firm's helped to ensure that the deal made by Capita was in the interest of both shareholders and staff.

Mr Jantzen also stressed that the deal was therefore in the interest of all the parties involved.

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