BearingPoint Strengthens Banking, Insurance and Wealth Management Capabilities with the Acquisition of Levo Consultants

Synergies with Levo Consultants will allow the management and technology consultancy to approach clients with stronger offerings and teams.

AMSTERDAM, January 3, 2023–(BUSINESS WIRE)–BearingPoint, a European management and technology consulting firm, announced that it has acquired Levo Consultants, a Paris-based financial services consulting firm. Founded in 2018, Levo Consultants offers clients a high level of expertise in insurance, banking and wealth management, with more than half of its consultants having held operational and managerial responsibilities during their careers. Levo Consultants supports financial service providers in transformation, organization and improvement projects.

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Axelle Paquer, Regional Leader of BearingPoint France, Belgium, Luxembourg and Africa. (Photo: Business Wire)

“Levo Consultants has a proven practice in helping financial services clients modernize and improve performance. The acquisition marks a further step in BearingPoint’s commitment to supporting the growth of our banking and insurance customers, which is enshrined in our 2025 strategy. 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 Client Relationships, Data and AI, and CSR and Impact Transformation.

“The connection between Levo Consultants and BearingPoint is obvious: our know-how and our customer portfolio complement each other. There is also a cultural and strategic match. Above all, we want to move forward together. Our European presence 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 capabilities as a large consulting firm. We are writing a new chapter together, and it will enable our customers and employees to measure the benefits.”

About BearingPoint

BearingPoint is an independent management and technology consultancy with European roots and global reach. The company operates through three business lines: Consulting, Products and Capital. Consulting includes the consulting business with a clear focus on selected business areas. Products offers IP-driven digital assets and managed services for business-critical processes. Capital offers M&A and transaction services.

BearingPoint customers include many of the world’s leading companies and organizations. The company has a global consulting network of more than 13,000 people and supports clients in over 70 countries and works with them to achieve measurable and sustainable success.

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Twitter: @BearingPoint

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