Kea & Companions acquires French administration consultancy Ylios
In its second transaction this year, the French management consultancy Kea & Partners took over its counterpart Ylios.
Founded in 1988, Ylios is a boutique consulting firm specializing in management, transformation, open ecosystem innovation and change. The 30-strong consulting firm is based in Paris and is led by a group of six partners (Angelos Souriadakis, Karim Hatem, Yoram Bosc-Haddad, Fabrice Catala, Fabien Goeller and Gaëtan de Royer Dupré) who are now all partners at Kea. become & partner.
Working across industries including energy, pharma and life science, insurance, infrastructure, tourism and the public sector, Ylios has a particularly strong track record in healthcare. Among other things, the consulting firm has supported hospitals with mergers, developed and introduced e-health programs for municipalities and helped several institutions to improve performance.
The company also has small businesses that focus on lobbying & public affairs and executive coaching, as well as a small in-house venture capital fund that invests in startups that complement its own offering.
The deal is part of Kea & Partners’ strategy to double the business over the next five years. The company currently employs around 230 consultants (including Ylios) in offices in Paris, Lyon and Casablanca and has a turnover of almost 60 million euros.
“The acquisition of Ylios accelerates the development of Kea & Partners and brings together two companies that share the same values and vision,” said Arnaud Gangloff, Chairman and CEO of Kea & Partners and the Kea Group. He added that both companies pride themselves on a cause that puts people, the planet and society at the center of their ambitions and activities.
Ylios will continue to be marketed under its own brand and operate alongside other sister brands within the Kea Group, including: Kea & Partners (strategy and management consultancy); Tilt ideas (innovation); Arkos (a change consultancy acquired in late 2020); Kea-Euclyd (digital transformation); Veltys (data intelligence); KeaPrime (talent development); and Kea Executives (interim executives and coaching).
Kea & Partners is also part of two consulting networks: Co Conseil, a cooperation with other French consulting firms, including Algoé, Colombus Consulting and Weave; and The Transformation Alliance, an international network that continues to consist of Cordial (Sweden), h & z (Germany), MBS Consulting (Italy) and Q5 (UK).
Angelos Souriadakis, President of Ylios, said the whole team is looking forward to joining Kea & Partners: “Joining forces brings complementary skills together and we share similar values and cultures. In addition, it offers our employees the opportunity to work on larger transformations and achieve more impact. “
