We are delighted to announce that iOLAP has been acquired by Elixirr, a global management consultancy firm operating in Europe, the United States, South Africa, and Australia. Founded in 2009 to challenge traditional consulting firms, Elixirr provides high quality, differentiated, and bespoke services, with a mission to be the best consulting firm in the world.
Combining iOLAP’s technology and data capabilities with Elixirr’s deep strategic expertise presents a unique market opportunity, expanding our existing capabilities and enabling us to solve additional issues faced by boardrooms. The joining of our two brands facilitates rapid expansion in our key growth markets, especially in the US and Europe where our teams will work together seamlessly to provide an even greater value proposition to our clients.
We are excited to become part of a bigger group, which provides us with a unique opportunity to expand and develop our client offering with premium business services and a broader market reach than ever before.
CEO of iOLAP, Chris Jordan said:
"After growing significantly over the last few years, we were looking for a model to ensure we maintain momentum and Elixirr is the perfect partner for this. Combining our technical expertise with Elixirr’s strategic competencies allows us to satisfy greater demands from our existing and future client bases, and the respective client bases our companies hold in different geographies present significant growth opportunities.
We have already proven the power of our partnership, having worked together on several client projects over the last year, and it’s clear that there is an appetite from our clients for a combined proposition. Joining Elixirr will also provide opportunities for our employees to further develop their careers and take on more of an owner mentality, through the various equity incentive schemes that the firm has in place.
We are excited for the future and look forward to delivering more value for our combined client base, as part of Elixirr!"
Stephen Newton, Elixirr’s Founder & CEO, commented
"I'm delighted to welcome iOLAP as the latest addition to Elixirr, one of the most significant growth milestones in our firm’s history.
As organisations continue to embark on digital transformation and operate in an increasingly customer-centric world, it is crucial for business leaders to put data at the heart of their strategy in order to stay ahead. iOLAP’s offering in this space, combined with the scale at which they operate in both the US and European markets makes this acquisition incredibly exciting.
Combining iOLAP’s expertise in data and analytics with Elixirr’s deep strategic and business consulting experience will continue to ensure we stay at the heart of key boardroom challenges. In iOLAP we see a group of culturally aligned entrepreneurs, who are driven by intellectual curiosity and a desire to solve problems for their clients and I truly believe that our combined proposition offers something unique in the market.
I can’t wait to see what the future holds for Elixirr with the addition of iOLAP, as we continue in our quest to truly redefine our industry and be the best consulting firm in the world."
The combination of iOLAP’s technology and data capabilities with Elixirr’s deep strategic experience expertise creates a powerful blend of expertise, that will allow us to continue solving our clients’ toughest business challenges.