Wavestone and Q_PERIOR form a strategic partnership

MUNICH, April 29, 2019 – As part of its international expansion strategy, Q_PERIOR announces a strategic non-equity partnership with the French management consulting firm Wavestone.

The partnership will enable both companies to better support their customers in France and Germany in transformation projects. It opens up cross-border business opportunities, enables the continuous exchange of experience and creates synergies. Wavestone and Q_PERIOR have already been using a comparable consulting approach, which has previously been used by their clients in the insurance and banking industries. In the future, this expertise is planned to be extended to other sectors and industries.

„Q_PERIOR and Wavestone share similar values, market positioning, service offerings, size and growth ambition, as well as strive for independency.“, says Reza Maghsoudnia, Strategic Development Director at Wavestone. „These elements represent a fertile ground to cooperate efficiently and develop synergies.”

Karsten Höppner, CEO of Q_PERIOR, comments: “The partnership will enable both companies to further expand their consulting expertise internationally, exchange experiences and open up new business opportunities. I am convinced that, based on our strong shared values, we will create real added value for both sides right from the start.”

With around 3,000 employees at eight locations, Wavestone is the largest independent consulting firm in France. The company is listed on Euronext Paris and has been named a “Great Place to Work®”. Q_PERIOR employs over 1,100 people at twelve locations and is one of the leading management consultancies in Germany (Lünendonk 2018, 4th place). The business and IT consulting firm was included in the list of the most innovative companies by the business magazine brand eins in 2019 and awarded with the “Best Consultant 2019” award.

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