Wavestone Acquires UK Consulting Firm PEN For £22.5M

By Tom Fish (August 4, 2022, 4:14 PM BST) -- French management consultancy Wavestone said Thursday that it has acquired U.K. consulting firm PEN Partnership for £22.5 million ($27.4 million), with the price potentially rising to £30 million depending on its performance over the next 18 months.

Wavestone said it acquired 100% of PEN Partnership's share capital financed entirely by its own funds.

Wavestone was advised by Dentons, Grant Thornton, Arsene Taxand and Alvarez & Marsal. Counsel information for PEN Partnership wasn't immediately available on Thursday.

London-based PEN Partnership has grown to 60 staff and 40 contractors in the past decade. Services offered include operations and automation and data and technology....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!