Mazars announces the acquisition of Alter&Go, a leading change management company
Today more than ever, as organisations face unprecedented upheavals in their business models, the ability to change and transform is key. Building off a common focus on meaningful change that creates shared value, the integration of Alter&Go will enable Mazars to become a unique player in supporting organisations' major, multi-faceted transformation projects.
The deal is part of Mazars' on-going expansion of its advisory activities, which includes integrating complementary and strategic change management skills. This enables Mazars to further develop its multidisciplinary and balanced model centred around audit, accounting and tax expertise, and consulting.
Founded in 2004, Alter&Go helps companies and local authorities undergoing change meet their strategic, managerial, infrastructure, digital, cultural and organisational challenges. It delivers on this promise through its four complementary centres of excellence: mobilisation, experimentation, communication and consulting, which embody a recognised and proven human-based methodology. Through the support they provide to more than 250 change projects every year, Alter&Go’s 70 employees create unique change experiences for their clients that generate economic performance and human development.
These 70 employees are now joining Mazars in France's advisory division. Jean-Marc Charlet, David Heinry, Erwan Nabat and Vincent Saule will become Mazars Partners, thus ensuring the continuity of Alter&Go's development and unique approach. Founding partner Xavier Sabouraud will continue his work at Mazars by both providing support to his clients and ensuring the integration's success.
“The merger with Alter&Go is based on common values, entrepreneurial spirit and desire to pursue sustainable development and growth. Both companies are convinced that businesses can only grow by creating shared value for the benefit of all their stakeholders. This integration is fully in line with our strategic plan, Next20, which is based on the transformation of our historic businesses and an acceleration of our advisory activities, particularly by offering high-level expertise,” said Hervé Hélias, Chairman of Mazars' Executive Board and Group CEO.
“With organisations facing a constant need for change, the acquisition of Alter&Go puts Mazars in a even better position to partner with organisations of all sizes and help facilitate their transformation through dedicated and tailor-made service offers that complements Mazars' expertise in optimising performance, organisational design and growth. Alter&Go's multi-dimensional expertise will enable us to help our clients rise to the challenge of change,” commented Olivier Lenel, Partner, Executive Committee member and Head of Consulting at Mazars in France.
“Since Alter&Go's launch in 2004, our aim has always been to be at our clients' side and provide them with convictions, a method and a specific approach to change, with stringent requirements as to quality and results. Over the past 14 years, we have constantly and effectively renewed our know-how and developed our consultants' expertise in order to make transformation a source of meaningful managerial and cultural experience and performance. Change is the key challenge for businesses, local authorities and administrations today, and we are convinced that this need will grow. Our partnering with a company as well-known as Mazars, which shares our belief in the importance of the human side of organisations, shows that our approach to change still demonstrates substantial growth potential. This merger will enable us to serve our existing and future clients ever more efficiently and effectively while benefiting from the Mazars Group's influence both internationally and in a wide range of sectors, both private and public,” added Xavier Sabouraud, Chairman of the Alter&Go Group.