Capgemini bolsters financial services consulting expertise with acquisition

image of Capgemini building | Capgemini | Nive Bhagat

Key Takeaways

Capgemini Group has signed an agreement to acquire Chappuis Halder & Cie, enhancing its consulting capabilities in the financial services sector.

The acquisition will strengthen Capgemini's advisory services for banking, wealth management, and insurance clients, particularly in North America, Europe, and South-East Asia.

Chappuis Halder's expertise in ESG and climate risk strategy will complement Capgemini's existing services, facilitating end-to-end transformation for clients.

Capgemini Group has signed an agreement to acquire Chappuis Halder & Cie (Chappuis Halder), a global strategy and management consulting firm specializing in the financial services industry, spanning transformation, finance, risk and compliance.

Headquartered in Luxembourg, Chappuis Halder is a nearly 150-people consulting firm, with main offices in North America, Europe, and South-East Asia.

The deal will strengthen Capgemini’s capabilities to advise banking, wealth management and insurance clients in North America, Europe, and South-East Asia, in shaping the future of their business and driving transformation through technology. The acquisition will also add to the Group’s specialist consulting services in environment, social and governance (ESG) and climate risk strategy.

Anirban Bose, CEO of Capgemini’s financial services strategic business unit and group executive board member, said: “Chappuis Halder’s addition will contribute further to our in-depth expertise of financial services, a key condition to be able to advise and help our clients in the industry with their business transformation. With Chappuis Halder, we are strengthening further our ability to deliver end-to-end transformation to clients in financial services.”

Stéphane Eyraud, CEO and founder of Chappuis Halder, added: “We are looking forward to being part of the Capgemini Group and to bringing our capabilities in helping clients in the financial services sector, to design, plan and implement end-to-end their transformation journey taking advantage of what technology can bring.”

The transaction is expected to complete in the coming months.