Deal profile | Third Horizon Consulting is acquired by Publicis Sapient
6 March 2020
Gadens has advised Australian management consulting firm
Third Horizon on its acquisition by Publicis Sapient, one of the largest global
digital transformation firms.
Formed in 2004, Third Horizon boasts a team of
approximately 70 staff, at offices in Sydney, Melbourne and Canberra which will
now join the domestic arm of Publicis Sapient. The move gives Third Horizon’s
clients access to an international platform, with Publicis Sapient boasting
20,000 staff positioned worldwide.
Commenting on the transaction, Robert Tracy said: We are
pleased to have acted for Third Horizon Consulting in a transaction that marks
the next stage for the business. By becoming part of Publicis Sapient, Third
Horizon and its clients will benefit greatly from the broadening of capabilities
and expertise available to them at a global level.
Practice groups involved: Corporate advisory
Key team members: Corporate Partner Robert Tracy and Special Counsel Breanna Davies, who were supported by Associate Kevin McVeigh and Lawyer Zein Jomaa.
Matter significance: The acquisition is aimed at expanding the end-to-end digital transformation capability available to Publicis Sapient clients globally, whilst accelerating their digital transformation position in the market.