This deal is a good example of how being well-organised can de-stress the transaction process, even a cross-border one such as this.” M&A marketĪccording to Briand, following a dip in professional services merger & acquisition activity in 2020, the local M&A market is set for a rebound this year. The deal with Rapid Circle was very efficient, due to Insync’s solid performance and the shareholder’s alignment and focus. Pierre was able to coach us through the many decisions that needed to be made and ensure a successful outcome was achieved.”īriand added: “Nathan and the team were excellent to work with throughout the preparation and transaction. There is a considerable amount of work required in a transaction process and having their guidance and preparation beforehand ensured it all ran smoothly.
Since founding in 2013, Insync Technology has grown to a 45-strong company generating revenues of over $12 million.Įxpanding on SCD Advisory’s role, Nathan Belling, General Manager of Insync Technology, said: “They were great to have on our side throughout the transaction process. Their intense focus on high quality execution and their client-centricity is admirable and reflected in their strong business performance, which ultimately resulted in an efficient and rewarding sale process – finding a home within the world’s premier management consulting firm.”Įarlier this month, SCD Advisory announced its second deal of the year: the sale of Microsoft Gold partner Insync Technology to Rapid Circle, a private equity-backed firm from the Netherlands. On the deal, Briand said: “We are proud to have advised the founders of Hypothesis throughout their growth and exit journey. “They provided invaluable insight and experience throughout the two years of preparation we did before the deal, as well as being reliable, trusted advisers guiding us through stages of the transaction. “It was great to have Pierre and the SCD team on our side throughout the process,” said co-founders Sean Heydenrych and Grant Hartland.
#INSYNC MANAGEMENT CONSULTING FULL#
With a focus on businesses in the professional services industry, SCD Advisory provides a full suite of M&A services across strategy, capital and deal-making.Īccording to the AFR, Hypothesis is believed to have sold for as much as $40 million. One party which wouldn’t have been surprised though was boutique SCD Advisory, to which Hypothesis turned for its exclusive sell-side needs in the deal’s two year build-up.įounded by seasoned international M&A professional Pierre Briand in 2019, the Sydney-based boutique has already established an impressive track-record, having among other advised deals on two sell-side sales to Deloitte – consultancy The Terrace Initiative and data analytics firm Bistech – in the two years since its inception. The world’s leading strategy consulting firm McKinsey & Company surprised many when it snapped up digital consultancy Hypothesis in February this year, marking the firm’s first acquisition in its 50 years of operation in Australia. Boutique M&A advisory firm SCD Advisory has kicked off 2021 in style, completing two of its sell-side mandates in the consulting and IT services segments.
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