Myrtle Consulting Group acquires Kalium Consulting

28 June 2018 Consulting.us

The Myrtle Consulting Group has announced the acquisition of Kalium Consulting – a specialist in the mining and heavy metal industries. Both firms deliver organizational transformation services to global clients. The acquisition adds new industries to Myrtle’s substantial portfolio and brings new talent into its senior leadership team.

Headquartered in Houston, the Myrtle Consulting Group delivers organizational solutions to a client base of global manufacturers which are leaders in their respective industries. The consulting firm boasts deep expertise in the aerospace and automotive industries, and helps clients in chemicals, construction, oil & gas, and other key sectors involving heavy manufacturing.

With the acquisition of Kalium Consulting, Myrtle significantly extends its mining and heavy metals expertise. Founded in 2017, Kalium provides operational consulting services to clients including ExonMobil, PotashCorp, and Koch Industries. It was founded by Lance Hartley, a former Senior Vice President of Operations with Hitachi Consulting.

Hartley will go on to become Principal and Vice President at Myrtle, where he will lead the metals and mining practices, leveraging Kalium’s strong presence and reputational capital in Canada, Latin America, and Europe.

"Myrtle's strengths and values complement Kalium's and we're excited about the capabilities and resources—particularly around digital transformation and data analytics—that Myrtle will bring to Kalium clients," said Hartley. "The firms' collective reputations for helping organizations make lasting operational improvements that significantly move the needle and deliver bottom-line results is a true win-win for everyone." 

Myrtle Consulting Group acquires Kalium Consulting

Both Myrtle and Kalium excel in advancing operational solutions for clients with similar industrial backgrounds. Myrtle Founder and CEO Edwin Bosso hailed the “strong synergy and shared culture between both firms”. Well-travelled and fluent in four languages, Bosso spent 13 years with Celerant Consulting in Boston and worked with clients as varied as T-Mobile, Kellogg’s, and Heineken before setting up Myrtle in 2012.

"Expanding further into these markets has been on our radar for some time and through the acquisition, we have now deepened experience and expertise to benefit those sectors," he said. “We look forward to expanding the Myrtle family and bringing the skilled Kalium staff into our fold."

Bosso isn’t the only Celerant Consulting alumni in the Myrtle team. Earlier this year Gary Traylor, who led Celerant’s chemical and hydrocarbon practices in North America, joined Myrtle as the consulting firm’s new co-leader of its proprietary Operomics digital operations offering. This unique methodology offers clients solutions based on process analytics, robotics, and artificial intelligence. Other new arrivals from Celerant include Sean Harris – who managed the Canada practice – and Doug Newman – formerly Celerant’s global head of consumer products.

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OneDigital buys Northwestern Benefit in company's largest acquisition yet

11 April 2019 Consulting.us

Human resources and benefits consultancy OneDigital Health and Benefits has acquired Northwestern Benefit, the largest privately held benefits broker in Georgia.

Atlanta-based OneDigital has carried out an aggressive acquisition strategy in past years, completing 28 deals in 2018, as well as five in 2019 thus far. Its recent acquisitions have included consulting firms Paradigm Group, Cherry Creek Benefits, and Veritas Risk Services. OneDigital’s rapid expansion last year boosted annual revenue by $100 million in 2018, reaching $400 million.

OneDigital’s core offerings include strategic benefit advisory services, analytics, compliance support, human resources management technology, and insurance broking. The firm has more than 80 offices in the United States.

The consulting firm has continued its accelerated growth strategy with the purchase of benefits and HR consultancy Northwestern Benefit, which is also based in Atlanta. “This represents an exciting milestone for OneDigital, where our largest acquisition to date is also located right here in our home state of Georgia,” Adam Bruckman, CEO of OneDigital, said. “Northwestern lets us compete in the Atlanta benefits marketplace in an entirely new way.”OneDigital buys Northwestern Benefit in company's largest acquisition yetThe acquired firm was founded in 1996, and provides benefits, HR, compliance, wellness, education, and workforce planning advisory services to clients in George and across the US. Northwestern Benefit’s 150 employees will join OneDigital, bringing the firm’s headcount to over 1,600 employees, and its employer client count to approximately 50,000.

OneDigital’s chief growth officer, Mike Sullivan, highlighted Northwestern’s excellent sales culture and client service models as factors in the deal, while noting that the deal will significantly expand the firm’s middle market scale and capabilities. Sullivan expects more deals on the horizon, as OneDigital seeks to scale up further. “We expect north of 25 acquisitions again this year to bring us over the $500 million revenue threshold,” he said.

David Asbury, CEO of Northwestern Benefit, will join OneDigital as a senior managing principal. “As the benefits space continued to consolidate and we considered acquirers, it was incredibly important to me to find the right partner,” he said. “With OneDigital’s scale, reach and long-term vision, we knew our organizations would fit together and be stronger together right off the bat.”

As employment levels remain at record highs, employers are increasingly turning to effective and comprehensive benefits packages in order to attract and retain a dwindling pool of talent. HR and benefits firms help employers strategize the ideal benefits and compensation packages to get the talent they need, while doing so in the most cost-effective manner. “In a rapidly changing economy, an employer’s ability to attract and retain talent is often directly tied to the benefits they can provide, and OneDigital ensures we’re supplying our clients with the most robust health, wealth, and HR advisory services,” Bruckman said.