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BearingPoint buys financial services firm Levo Consultants

BearingPoint’s acquisition of Paris-headquartered advisory firm Levo Consultants marks another step in its ambition to support the growth of its banking and insurance clients in line with its 2025 strategy, claims Managing Partner Kiumars Hamidian (pictured).

The deal will further expand its banking, insurance and asset management capabilities, the company said. 

Levo specialises in strategy, governance and operational efficiency, finance, risk and compliance, experience and customer relations, data and AI as well as CSR and impact transformation.

Axelle Paquer, Regional Leader of BearingPoint France, Belgium, Luxembourg, and Africa, said: “The connection between Levo Consultants and BearingPoint is obvious: our know-how and client portfolios complement each other. 

“There is also a cultural and strategic fit. Above all, we desire to move forward together. Our European footprint will certainly benefit from the seniority of Levo’s consultants.”