Smith & Williamson advises Hitachi Consulting in Edenbrook Ltd acquisition
Smith & Williamson, the accountancy and financial services group, working in collaboration with its US-based M&A International partner firm TM Capital Corp, has successfully advised Hitachi Consulting, the global business and IT consulting company of Hitachi Ltd., in its acquisition of Edenbrook Ltd., a UK based IT consulting firm specialising in delivering Microsoft and Oracle solutions.
Dominic Titcomb, Corporate Finance director at Smith & Williamson commented: “Hitachi’s acquisition of Edenbrook demonstrates its commitment to serving its clients in the UK and around the world, while enabling the company to fulfil its strategic and global expansion plans. We are proud to be an integral part of their acquisition strategy.”
Hitachi Consulting and its parent Hitachi Ltd are committed to the vision of building a global business and technology consulting platform capable of servicing the world’s largest corporations. The acquisition of Edenbrook is a testament to this vision, adding significant depth and breadth to the Company’s European footprint and capabilities.
Founded in 2001, Edenbrook helps organisations evaluate, select and implement advanced programs designed to have a measurable effect on business efficiency. The Company has been long recognised as a leading partner of both Microsoft and Oracle in Europe and has developed deep expertise around leading technologies like Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Business Intelligence (BI).
Edenbrook’s client base includes Virgin Media, Easyjet, BUPA, Lloyds TSB and Whitbread.
Hitachi Consulting launched its European expansion efforts in 2006, opening offices in London, Madrid and Lisbon. In 2007, offices in Frankfurt and Barcelona were also opened. In April 2007, Hitachi Consulting acquired London based management consulting firm Impact Plus to solidify its UK platform and expand its presence in the financial services and public sector industries.
For further information contact:
Dominic Titcomb, Corporate Finance director at Smith & Williamson
T: 0117 376 2049
E: dominic.titcomb@smith.williamson.co.uk
PR enquiries to
Jess Koslow/ Kate Harrison 0207 131 4264/ 4228
Notes to editors
Smith & Williamson is a leading independent investment management and financial services group, with over 1,500 employees, that provides a broad range of services including tax, accountancy, investment management, tax, financial advisory services and private banking to private clients, professional practices, companies and non-profit organisations.
The firm is organised into two principal operating divisions: Investment Management & Banking and Tax & Business Services.
The group operates from offices in London, Belfast, Birmingham, Bristol, Dublin, Glasgow, Guildford, North London, Salisbury, Southampton, Maidstone and Worcester.
Smith & Williamson is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. A member of Nexia International, a worldwide network of independent accounting firms.
