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The move will assist the firm as it strives to become “the world’s leading transformation consultants”, it says.
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EY strengthens data and analytics capability through an acquisition
22 November 2022
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EY has strengthened its data and analytics practice through the purchase of Sydney-based Bridge Business Consulting.
“The acquisition of Bridge further bolsters our ability to support EY clients to transform their businesses through data and analytics,” said Cameron Wall, EY managing partner for the data and analytics practice.
“Bridge aren’t strangers to us — we’ve worked together over the years and seeing them in action and the similarity in our approach to clients and the way we work gives us a lot of confidence that we will make a great team.”
“Bridge has a successful track record of helping clients across consumer, retail, financial services, utilities, and telecommunications industries achieve business growth and will bring a talented team and library of knowledge assets to enhance our technology consulting services.”
As part of the acquisition Bridge’s 19 data and analytics professionals would join EY’s practice, adding experience in implementing successful strategies for clients across several industries including asset and wealth management, banking and energy.
Bridge’s expertise included offering services across the entire data and analytics suite including strategy, engineering, analytics, AI, and management.
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EY said that the managing partners of Bridge, Robert Mazevski and John Desmond, would also join as partners in its data and analytics practice.
“We’re excited by the opportunities that joining EY will create for both the Bridge team and our clients,” said Mr Desmond. “We align strongly to their purpose of ‘building a better working world’ and with their values as an organisation.”
Mr Mazevski said being part of EY Business Solutions in the Asia-Pacific would help its growth stategy.
“This is a great opportunity for us to continue to build our firm into an even stronger proposition for our people and our clients,” said Mr Mazevski.
“Our team is excited about the scale and range of opportunities that they will have access to by being a part of EY where the connections across the globe will open up even more interesting and challenging client engagements for us.”
Technology consulting leader at EY APAC, Steve Bingham, said the acquisition was an important step for the firm to reach its ambition of becoming “the world’s leading transformation consultants”.
“Data and analytics is a huge growth area for us in the Asia-Pacific region, and the acquisition of Bridge will assist us in strengthening our practice and moving us towards our desired strategic position in the market,” said Mr Bingham.
“By bringing in new and experienced data and analytics practitioners to complement EY’s existing Asia-Pacific data and analytics team, we expand our capability and capacity to service EY clients, as well as provide further opportunities to drive innovation of EY products and solutions.”
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