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Sia Partners Acquires Ethier
With this move, the firm establishes presence in Western Canada with two offices (Calgary, Vancouver).
Sia Partners becomes the first independent management consulting firm in Canada
Sia Partners, a leading international independent management and AI consulting firm, announces today the acquisition of Ethier, a management consulting firm founded in 1982, specializing in Regulatory compliance, Risk management, Operations excellence, Project delivery, Digital and Business transformation, with revenues of C$10m.
Ethier currently employs 50+ consultants in Calgary, Alberta and is the largest independent consulting firm in Alberta. It benefits from a client portfolio in Energy & Utilities, Financial Services, Transportation and Government.
By integrating Ethier, Sia Partners strengthens its presence across Canada, with a team of 170+ consultants between Calgary, Montreal, and Toronto and a turnover of C$22m. Ethier Managing Partners Sohail Thaker, Jackie Poeckens and Ron Loborec will join the executive committee of Sia Partners Canada. Sohail Thaker will be heading Sia Partners’ Calgary office.
“This operation is a natural fit for two independent consulting firms that share common entrepreneurial values. Joining Sia Partners means being part of a global network of expertise and resources that will enhance our service capabilities, broaden business prospects and offer new opportunities for our consultants,” says Sohail Thaker, Managing Partner at Ethier. “After 40 years of focussed client service in Calgary, we are excited to offer our clients greater levels of service and innovative offerings brought about by this combination. We expect to export our capabilities to US-based clients of Sia Partners, notably in Seattle, Texas and Colorado.”
“Continued growth in the North American consulting market is core to our strategy. In Canada, our objective is to surpass 250 consultants by the end of 2022 and confirm our leading position in the Canadian management consulting market among the Top 10. I am also pleased to announce the immediate creation of a new office in Vancouver. Our presence in Canada and the US will facilitate business synergies in both the East and West Coast.” says Matthieu Courtecuisse, Founder and CEO of Sia Partners.