Monday, November 8, 2010

Is TPI the latest advisory firm “on the block”? Is Deloitte on the prowl?

We recently blogged about Equaterra and KPMG and we hear that talks are continuing.  Now the grapevine says that Deloitte may be close to a deal to buy TPI. ISG acquired TPI with the intent to acquire other services firms but that has not worked out.  With no acquisitions, the stock in the doldrums, and advisors leaving, investors must be getting restless.

The key to the success of any transaction is the retention of people (good ones anyway). It will be interesting to see how the compensation model of Deloitte fits with TPI advisors and partners.  With smaller, aggressive firms like ThinkSolutions, SourcingBoard, and others out there, the landscape is changing and it looks like that will only accelerate in the next few months.  Stay tuned……