Edinburgh-headquartered Alba Partners has acquired data and digital advisory firm Core Consultants Group. The move This strengthens the firm’s expertise and broadens its service offerings, particularly in its data and AI specialisms.
Alba Partners Chief Executive Richard Jacobs, commented, “We are excited to welcome Core Consultants Group to the Alba Partners team. This acquisition represents a significant milestone in our growth strategy, and we believe that Core Consultants Group expertise will complement our existing offerings and create new opportunities for our customers.”
Founded in 2020 by Scottish siblings Richard and Carol Jacobs, Alba Partners is a boutique consultancy based in the UK. Working in a niche of offering “Big Four quality consulting” priced for mid-market and smaller clients, it has won various projects across Britain’s financial services sector – and also established a growing hub in the UAE, and extending into Saudi Arabia.
As the excitement around digital technology remains throughout the business community, the consulting firm has been building out its data and AI services for clients. A new partnership with ActiveViam, for example, enhanced its offering for data analytics.
On top of this, the acquisition of Core Consultants group has added significant expertise to Alba’s data and AI capabilities. Founded in 2017, the London-based company’s arrival has enabled Alba to expand its senior leadership team.
Experienced financial services consultant Graeme Devlin has been appointed associate director, head of wealth and asset management, and will be based in Edinburgh. Meanwhile, existing Alba Partners staff Charles Churchill and Jeff Simmons have been appointed head of financial institutions and associate director, head of the advisory group, and risk management and compliance lead, respectively.
Core Consultants Group CEO, John Hall, added, “We are thrilled to join forces with Alba Partners and together, we will be able to leverage our combined strengths to drive innovation and deliver greater value to our clients.”