Fimatix and Agilesphere Announce Merger

Jeremy Renwick News and insights

Agilesphere and Fimatix are today (9 April 2020) announcing their merger. By combining their complementary expertise, this move will create a leading Govtech and Fintech business: Agilesphere, a Fimatix Group company. The purpose of the combined entity will be to enhance the productivity of business and governments to the benefit of economies, communities and people around the world.

Agilesphere has agile and government digital delivery experience and capability, while Fimatix delivers digital products and services across a range of industries including financial services and leisure. With a team of over 150 staff, partners and associates, the combined entity will have a strong foundation from which it will offer services at scale. At a time when there is major consolidation within the consultancy sector, this operating platform will enable scalability for the merged entity and for future acquisitions.

The senior management team of the combined entity will include Stephen O’Sullivan, Paul James, Hugh Ivory and Jeremy Renwick. Drawing on the extensive C-suite experience of the combined senior management team the company will provide broad expertise on agile consulting and training, AI enabled solutions, blockchain, data analytics, back-office processes, transformation and major outsourcing programmes.

Commenting on the merger, Jeremy Renwick, Managing Director – Public Sector said: “We’re delighted to announce the merger with the excellent team at Fimatix. It is more important now than ever to create innovative solutions to the challenges faced by society. By working together we will be able to do just this, offering a broader range of services. This move is a positive step for Agilesphere, Fimatix, our partners, clients and team.”

Hugh Ivory, Managing Director – Operations and Governance added: “This merger will provide us with the additional knowledge, experience and financial strength to allow us to flourish in increasingly challenging markets, enabling us to bring new insights to our partners and clients, to the benefit of all. We’re pleased to have the opportunity to work closely with Fimatix as we take this next step on our journey.”

Stephen O’Sullivan, Executive Chairman and Co-founder of Fimatix, commented: “We are living in a time when business and society needs next generation innovation to tackle the challenges we face. By combining forces, we will support business and governments to the benefit of economies, communities and people around the world.”

Paul James, Co-founder of Fimatix added: “This move will provide a strong foundation from which we can support more organisations, delivering services at scale. We intend to expand into Europe and Africa soon, supporting more businesses and public sector services as they face major changes in these dynamic times.”

https://www.finextra.com/pressarticle/82106/agilesphere-and-fimatix-merge-to-create-govtechfintech-hybrid?