MetaPM advised on 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. 

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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.”