ALS Consulting and Trowbridge Group Merge to Form Global Sourcing Advisory Firm
Top Global Advisory firm created from the merger of US-based Trowbridge Group and European-based ALS Consulting.
(PRWEB) May 16, 2005 -- The Trowbridge Group, a leading outsourcing
consulting firm based in Dallas, Texas, and ALS Consulting, a European shared
services and outsourcing consultancy, announced today the completion of a merger
agreement. The new global company, named Alsbridge, combines the expertise
gained through decades of cumulative experience in the management of Outsourcing
and Insourcing programs.
The founding partners are pioneers within the
Outsourcing Industry and were instrumental in the development of the IT and
business process outsourcing structures familiar to practitioners today. The
combined contract value of all deals negotiated by Alsbridge executives exceeds
$50 billion, and the new firm will have over 60 advisors and a client list
comprising of many Fortune 500 businesses. Alsbridge offers comprehensive
outsourcing and insourcing services through balanced and objective world-class
advice, ranging from strategy development and solution design to vendor
selection and execution. Their experience ranges across multiple business
verticals in Information Technology, Human Resources, Procurement, Customer
Relationship Management, Finance & Accounting, and other business
processes.
“We have proven global and vertical industry experience that
comes from working on some of the world’s biggest outsourcing contracts and
insourcing programs,” says Ben Trowbridge, managing partner of Alsbridge North
America. “As former CEOs and Big-4 managing partners, we truly understand the
financial, operational and executive perspective around successful outsourcing
and insourcing programs as well as in hybrid combinations of the two
strategies.” Alsbridge clients now have access to advice and support in both
Europe and North America.
Outsourcing continues to grow amongst Global
500 and mid-sized companies due to increased global competition as they strive
to maintain company profitability and shareholder value. Gartner Dataquest
predicts worldwide BPO revenue to grow from a projected $131 Billion in 2004 to
$161 Billion in 2006.
“In Europe and Asia, we are seeing a steep increase
in sourcing activities across a variety of industries such as manufacturing,
telecom and retail,” comments Tim Lloyd, managing partner of Alsbridge Europe.
“Governmental organizations are also benefiting by adopting sourcing strategies
to improve their efficiency.”
Tim concludes “By forming a global company
with experience acquired in some of the largest outsourcing deals signed to date
in the Americas, Europe and Asia, we are uniquely positioned to help global
players take full advantage of the benefits of their insourcing and outsourcing
activities.”
About Alsbridge
Alsbridge (www.alsbridge.com) is the
premier global Outsourcing and Insourcing advisory firm with headquarters in
North America and Europe. Alsbridge advisors average over 15 years of
experience, specializing in Outsourcing and Insourcing transactions focused on
leading change while managing business transformation and risk through
innovative deal structures. Alsbridge provides clients with unmatched experience
and in-depth industry knowledge in reducing costs, improving service levels and
maximizing shareholder value. With world-class Outsourcing and Insourcing
excellence, Alsbridge assists clients by providing a balanced view of
value-driven SG&A sourcing solutions that support the business objective and
ensure long-term future success. Our advisors come from “Big 4” firms with
extensive experience in building and managing complex deals including
multi-national, BPO, IT, HRO, and offshore arrangements.
Decisions
regarding Outsourcing or Insourcing, the use of a Traditional Contract or Joint
Venture, or how to effectively Program Manage a service or contract
implementation, are challenges resolved by Alsbridge everyday.
Any
previous merger announcements released are not authorized by Alsbridge.
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Source : http://www.prweb.com/releases/2005/5/prweb240001.htm