Capgemini to acquire Chappuis Halder & Cie to expand BFSI capability

Mumbai: Capgemini on Monday said it has entered into a share purchase agreement (SPA) to acquire Chappuis Halder & Cie (Chappuis Halder), a global strategy and management consulting firm specializing in financial services industry. With Chappuis Halder’s specific industry focus, this acquisition will strengthen the Group’s capabilities to advise banking, wealth management and insurance clients in North America, Europe and South-East Asia, in shaping the future of their business and driving transformation through technology.

Headquartered in Luxembourg, Chappuis Halder is a nearly 150-people consulting firm, with main offices in North America (New York and Montreal), Europe (Paris and Geneva) and South-East Asia (Singapore and Hong Kong). It has built a reputation for its financial services leading expertise in transformation, finance, risk and compliance. Notably it enables business opportunities for clients, providing regulatory advice and also conducting ESG related projects, including through its data-driven transformation expertise.

“Chappuis Halder’s addition will contribute further to our in-depth expertise of Financial Services, a key condition to be able to advise and help our clients in the industry with their business transformation,” said Anirban Bose, CEO of Capgemini’s Financial Services Strategic Business Unit and Group Executive Board Member. “With Chappuis Halder, we are strengthening further our ability to deliver end-to-end transformation to clients in Financial Services.”

The acquisition will also add to the Group’s specialist consulting services in Environment, Social & Governance (ESG) and climate risk strategy. The transaction is expected to be completed within the coming months.

“This acquisition will help us deliver on high impact transformation projects for corporate investment banking and wealth management clients,” said Cyril Garcia, CEO of Capgemini Invent and Group Executive Board Member.

“Chappuis Halder, who is joining Capgemini Invent, brings a team of highly talented and experienced consultants, based in North America, Europe and South-East Asia. Their skillsets, including in sustainability services – a key focus for us to meet growing client demand – are very complementary to the Group’s deep industry and broad technology capabilities.”

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