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MetaPM advised on sale to ALTEN Group

National firm Colin Biggers & Paisley (CB&P) assisted MetaPM in the successful sale to ALTEN Group (a French listed leader in engineering and technology consulting).

user iconJess Feyder 25 August 2022 Big Law
MetaPM advised on sale to ALTEN Group
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Firm: CB&P (MetaPM); Addisons (ALTEN Group)

Deal: CB&P advised the vendor of MetaPM, Simon Garlick, on the successful sale to ALTEN Group.

Value: N/A

 
 

Area: Corporate

Key players: Toby Norgate led the CB&P team and was supported by special counsel Alexandra Terrill and solicitor Henry Shaw. 

The Addisons team was led by partners Arthur Davis and Angelika Yates.

Deal significance: ALTEN Group is a world leader in engineering and technology consulting, with approximately 46,000 employees. 

MetaPM is a 100-person consultancy, offering end-to-end project services across consulting, resourcing, and training. 

MI-GSO | PCUBED Group is a wholly owned subsidiary of ALTEN Group and has approximately 2,500 employees. MetaPM was sold to this subsidiary. 

The purchase was a strategic part of its global growth strategy to double its workforce by 2025.

Additionally, MetaPM’s strong public sector client base was also a key consideration for MI-GSO | PCUBED Group as it continues to expand its Australian footprint. 

“This is one of a number of similar successful M&A deals that CB&P have acted on in the last year,” CB&P said in a statement. 

Toby Norgate commented: “The deal forms the foundation for an exciting future ahead for the company and we congratulate our client Simon Garlick of MetaPM for achieving the successful sale.”