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Eight-month-old firm Norgate McLean Dolphin acted on the sale of a ‘big data’ business to Ernst & Young, which was represented by a global firm.
Firms: Norgate McLean Dolphin (C3 Business Solutions); King & Wood Mallesons (Ernst & Young)
Value: Undisclosed
Key players: Toby Norgate (pictured) and Jack Dolphin, directors of Norgate McLean Dolphin, acted for the vendors. M&A lawyer Miriam Kleiner led for King Wood Mallesons on behalf of the purchaser.
Deal significance: The acquisition accelerates the development of EY’s enterprise intelligence and advanced analytics capabilities and delivery of market insights to clients globally.
“The acquisition will see EY’s capability and capacity more than treble to become one of Asia-Pacific’s largest enterprise intelligence advisors on information management, advanced analytics and business intelligence,” said EY Asia-Pacific Advisory Leader Paul Clark.
“C3’s breadth of sector coverage, including banking & finance, public sector and utilities & transport, will provide strong support to our expanding integrated service offerings in these sectors.”
Following completion of the acquisition, it is intended that C3’s 11 partners, including the firm’s two managing partners and founders, Conrad Bates and Cameron Wall, will join EY as partners.
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