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Draft:Wavestone

From Wikipedia, the free encyclopedia
Wavestone
TypeSociété anonyme (publicly listed)
Euronext Paris: WAVE (ISIN: FR0013357621)
CAC Mid & Small
IndustryManagement consulting
Founded1990 (as Solucom) / 1977 (Q_PERIOR)
HeadquartersParis, France / Munich, Germany
Key people
Pascal Imbert (Chairman and CEO),
Karsten Höppner (Deputy CEO),
Patrick Hirigoyen (Deputy CEO)
Revenue€943.7 million (FY 2024/25)
Number of employees
More than 6,000 (2025)
Websitewavestone.com

Wavestone is an international management and technology consulting firm headquartered in Paris and Munich. The company employs more than 6,000 people across 17 countries and operates in France, the DACH region (Germany, Austria and Switzerland), the United Kingdom and the United States. It is listed on Euronext Paris and is a constituent of the CAC Mid & Small index.[1]

In its current form, Wavestone was created in 2023 through a merger of the French consulting firm Wavestone (founded in 1990 as Solucom) and the German firm Q_PERIOR.

History

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Origins in France (Solucom, Wavestone)

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Solucom was founded in France in 1990 by Pascal Imbert and Michel Dancoisne.[2] The company went public in 2000 and surpassed €100 million in revenue in 2009.[3]

In 2016, Solucom expanded its international presence through the acquisition of the European operations of Kurt Salmon, which comprised approximately 750 employees and revenue of around €120 million.[4] Following this acquisition, the company was rebranded as Wavestone.[5] Between 2019 and 2022, Wavestone grew both organically and through targeted acquisitions in the United States (W Group,[6] Everest Group Consulting[7]) and in the United Kingdom (PEN Partnership, Coeus Consulting).[8]

In July 2023, Wavestone announced its planned merger with Q_PERIOR. At the time of the announcement, Wavestone reported revenue of €532 million for the 2022/23 financial year and employed approximately 4,400 people.[9]

Origins in the DACH region (Q_PERIOR)

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Q_PERIOR was established on 1 July 2011 through the merger of three independent consulting firms: ESPRiT Consulting AG (co-founded by Karsten Höppner, Munich), agens Consulting GmbH (Eschborn) and paricon AG (Stuttgart).[10]

Prior to the merger with Wavestone, Q_PERIOR was an owner-managed business and IT consulting firm focused on the DACH region, primarily serving clients in financial services (banking and insurance), industry, and public transport. At the time of the merger announcement, the company employed approximately 1,400 people and reported annual revenue of around €285 million (2022).[11]

Merger of Wavestone and Q_PERIOR

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The merger between Wavestone and Q_PERIOR was completed in December 2023, with the aim of building a leading European consulting firm.[12] In the 2024/25 financial year, the group reported consolidated revenue of €943.7 million.[13]

References

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  1. ^ Euronext, ISIN: FR0013357621, CAC Mid & Small.
  2. ^ Le Monde Informatique: Solucom étudie le rachat de Kurt Salmon en Europe. 25 November 2015.
  3. ^ Yannick Urrien: Solucom franchit le cap des 100 millions euros de chiffre d'affaires. In: Bourse Plus Hebdo, No. 504, 5 June 2009, p. 6.
  4. ^ Loïc Danton: Solucom change de dimension. In: Le Figaro Bourse, 8 January 2016.
  5. ^ Consultancy UK: Consulting firms Solucom and Kurt Salmon rebrand as Wavestone. 2016.
  6. ^ AOF (Agence Option Finance): Wavestone en repli, l'atteinte de l'objectif de croissance s'annonce plus difficile que prévu. In: Le Figaro Bourse, 7 November 2019.
  7. ^ Consulting.us: Wavestone buys 25-strong consulting practice of Everest Group. 2021.
  8. ^ Consultancy UK: Wavestone acquires IT advisory firm Coeus Consulting. 16 September 2022.
  9. ^ Consulting.de: Wavestone und Q_PERIOR schließen sich zusammen. 2023.
  10. ^ Computerwoche: Agens Consulting, Esprit Consulting und Paricon: Drei Beratungshäuser fusionieren zu Q_Perior. 2011.
  11. ^ Consulting.de: Aus Beratungsunternehmen Q_PERIOR wird Wavestone Germany. 2023.
  12. ^ Tanja Kewes: Neuer Beratungskonzern sieht sich als Alternative zu Accenture. In: Handelsblatt, 23 January 2024.
  13. ^ Wavestone: Universal Registration Document 2024/25. Paris 2025, p. 10.
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Category:Management consulting firms Category:Companies listed on Euronext Paris Category:Companies established in 1990 Category:Consulting firms of France Category:Consulting firms of Germany