BearingPoint, a European management and technology consulting firm, announced it has acquired Levo Consultants, a Paris-based financial services consultancy. Founded in 2018, Levo Consultants offers clients a high level of expertise in the insurance, banking and asset management sectors, with over half of its consultants having held operational and management responsibilities during their careers. Levo Consultants supports financial services players in transformation, organization and improvement projects.
“Levo Consultants has a proven practice in helping clients in financial services modernize and outperform. The acquisition marks another step in BearingPoint’s ambition to support the growth of our banking and insurance clients, embodied in our Strategy 2025. Once again, we see compelling new value propositions for our clients with the addition of Levo Consultants to the BearingPoint family,” said Kiumars Hamidian, Managing Partner BearingPoint.
Levo Consultants’ areas of excellence are strategy, governance and operational efficiency, finance, risk and compliance, experience and customer relations, data and AI as well as CSR and impact transformation.
“The connection between Levo Consultants and BearingPoint is obvious: our know-how and client portfolios complement each other. There is also a cultural and strategic fit. Above all, we desire to move forward together. Our European footprint will certainly benefit from the seniority of Levo’s consultants,” said Axelle Paquer, Regional Leader of BearingPoint France, Belgium, Luxembourg, and Africa.
Scott Crunden, co-founder and President of Levo Consultants: “The integration of the Levo team with BearingPoint will enhance the approach we have developed by leveraging their reputation and capacities as a large consulting firm. We are writing a new chapter together, and it will allow our customers and employees to measure the benefits.”