Keyrus becomes the majority shareholder of CMG Consulting Group, a consulting firm specializing in banking, finance, insurance and real estate.
Paris, Levallois-Perret, June 16, 2022 – International player in data analytics, digital transformation and business transformation, Keyrus announces the acquisition of a controlling stake KMG Consulting Groupa network of consulting firms specializing in business project management, business consulting and organizational consulting in banking, finance, insurance and real estate.
Investment in KMG Consulting Group means Keyrus a strategic opportunity to strengthen its Financial Services (FSI) division and respond more comprehensively to the transformation needs of these sectors by pooling business know-how KMG Consulting Group thanks to its functional and technological expertise in data and digital technologies.
Mastery Keyrus models of project “delivery” in a distributed mode in its various international locations will accelerate the deployment of FSI “practice” on a pan-European basis with the ability to position KMG Consulting Group with the support of Keyrus on large-scale projects, including both consulting and the implementation of innovative and high-performance technological solutions.
“Welcoming KMG Consulting Group within the group Keyrus, we are strengthening our leadership in France and Europe in the ISP market. Our enterprising, agile culture, strongly focused on customer satisfaction and putting people at the center of our strategies, allows us to envision rapid and successful integration KMG Consulting Group »declares Eric Cohen, Group Chairman and Chief Executive Officer Keyrus.
Founded in 2006 in Paris, KMG Consulting Group unites 4 companies and has more than 100 employees with a turnover of 11.3 million euros in 2021. The group has grown rapidly in Europe and opened its first subsidiary in Portugal in 2021. KMG Consulting Group accompanies the largest French banking and financial institutions. It has active first class listings with large groups and state financial players. Its offerings provide innovative solutions tailored to the needs of corporate banking, wealth management, retail banking, financial services, insurance and real estate.
“We are convinced that this merger with the Group Keyrus represents a real opportunity to accelerate growth and support an industrial project cmg which we created 16 years ago. From the very beginning, we were captivated by the management team, history and positioning Keyrus, as well as the obvious synergies that we were able to realize through this operation,” comment in one voice Rafael Faure as well as Steve Fichtenbaummost founding partners who sell their assets Keyrus focus on new challenges.
Benjamin Mosseri as well as Arno Müllerboth partners, as well as at the origins of the creation KMG Consulting Groupwill continue to provide overall management and will continue to evolve in this new context in order to accelerate the international presence and value of the company and its offerings.
” Our meeting with the founder and leaders of the Group Keyrus played a decisive role in developing an ambitious joint project that benefits both our employees and our customers. KMG Consulting Group will be able to enter a new phase of its development, relying on all the know-how Keyrus in achieving sustainable growth and rapid expansion.
The opportunities for synergy are numerous and apply to all of our offerings and our territories, primarily France and Portugal. “, announce Benjamin Mosseri as well as Arno Müller.
International consulting and technology player, data and digital technology specialist, Keyrus aims to help companies take advantage of the data and digital paradigm to increase their productivity, facilitate and accelerate transformation, and create new levers for growth and competitiveness.
Putting innovation at the heart of our strategy, Keyrus develops a unique market value proposition based on five main groups of services, each of which includes several offers:
. Automation and artificial intelligence
. Human-centric digital experience
. Implementation of data and analytics
. Cloud and Security
. Transformation and innovation
Drawing on the combined experience of over 3,000 employees in 22 countries and 4 continents, Keyrus is a leading international expert in data, consulting and technology.
Keyrus listed on Euronext Growth Paris.
(ALKEY – ISIN code: FR0004029411 – Reuters: KEYR.PA – Bloomberg: ALKEY: FP).
More information at www.keyrus.fr
ABOUT CMG CONSULTING GROUP
KMG Consulting Group is a network of consulting firms in France and Portugal engaged in specialized business consulting: Business project management (creation of products and services, regulatory or commercial transformation, operational efficiency), business advice (operational assistance, transition management, expertise) and Organizational consulting (diagnostics, target operating model, people and change trajectory).
The main activities of the group are, in fact, Finance, risk, compliance, market activities (corporate and investment banking and asset management), retail banking, credit, payments and real estate professions. The bancassurance and real estate sectors currently account for 75% and 25% of turnover, respectively.
More information at: https://www.cmg-consulting.group