Ernst & Young (EY) acquires government technology consultancy Cambria Solutions

0

Ernst & Young (EY) has acquired government technology consultancy Cambria Solutions. Financial terms of the deal were not disclosed.

This is technology M&A deal number 745 that ChannelE2E has covered so far in 2022. Discover over 1,000 technology M&A deals involving MSPs, MSSPs and IT service providers listed here.

EY acquires Cambria Solutions

Ernst & Young, founded in 1989, is headquartered in London, England. The company has 355,764 employees listed on LinkedIn. EY’s areas of expertise include advisory, insurance, tax, transactions, audit, mergers, M&A, financial services, accounting, professional services, legal, technology , consulting, data, transformation, strategy, legal, digital transformation, legal, growth and managed services. .

Cambria Solutions, founded in 2003, is based in Sacramento, California. The company has 137 employees listed on LinkedIn. Cambria’s areas of expertise include management consulting, information technology consulting and transformation consulting, program and project management services, business process modernization, agile transformation, technology systems implementation and human-centered design with deep sector capabilities in state and local governments. Cambria also brings experience in complex Medicaid and public health/social service programs, as well as transportation and toll systems, the company said.

Cambria’s innovation lab, called Kappy, will be integrated into EY’s Spacewave Network, the company said. The acquisition of Cambria Solutions will expand EY’s capabilities in the United States to serve state and local governments to improve health and human services, transportation and government modernization services, the companies said. companies.

Suzanne Vitale, President, Cambria Solutions

Gerry Dixon, US Government and Public Sector Managing Partner, EY

Suzanne Vitale, President, Cambria Solutions, commented on the news:

“Cambria helps our clients’ transformation and innovation projects succeed with our HumanGenuity® approach – ingenuity with a human touch. We are delighted to join EY, an organization that shares our values ​​and our commitment to helping governments transform and excel.

Gerry Dixon, Managing Partner, US Government and Public Sector, EY, added:

“Among state and local government agencies, Cambria enjoys an excellent reputation for its in-depth knowledge of health and social services, transportation and government modernization services. It’s the blend of strong capabilities with a unique ‘people’ focus that, combined with EY’s capabilities, will help our government clients solve their complex problems.

EY’s continued growth

EY plans to continue its growth initiatives both organically and through continued acquisitions, the company said. EY’s key acquisitions also focused on expertise in applications, cybersecurity and managed services, as well as digital and customer experience expertise. The company has completed more than a dozen transactions since 2018.

Share.

About Author

Comments are closed.