EquaTerra and TPI to merge
EquaTerra and TPI to merge in January 2006 - and create one of the world’s leading advisory companies
Outsourcing and insourcing advisory firms EquaTerra and TPI have signed an
agreement to merge the two companies in January 2006.
In a statement the firms said the move was in response to ‘increasing demand
for strategic, cross-enterprise outsourcing and shared services advice’.
The merged firm, which will have a new name next month and a combined total
of 550 employees in Europe, the Americas and Asia-Pacific, will provide global
advisory services to all industries and all business support functions. These
will include HR, finance and accounting procurement, IT and customer
relationship management.
Ed Glotzbach, CEO of the new firm, said the leadership teams of the two
companies were ‘excited’ about the merger.
Mark Toon, president and COO of the new company, said: ‘We will continue to
create value for our clients throughout their business process lifecycle –
overall strategy through ongoing management and continued improvement.
‘As a combined firm, we will have greater access to the skills, process
expertise and market knowledge that will drive sustained improvements to our
clients and the industry.’