
Hypothesis Pty Ltd is a 45-person digital transformation and lean-agile consultancy based in Sydney.
McKinsey & Company is the global leader management consulting firm.
For the sellers, the deal allowed them to leverage existing relationships with large clients and replicate Hypothesis’ model on a larger scale while offering key staff professional growth opportunities in a competitive talent market.
McKinsey successfully launched their “Build by McKinsey” offering in Australia by acquiring Hypothesis.
SCD led a 2-year consulting engagement, providing monthly board support and preparing the business on specific M&A topics. Given the highly active market and increasing demand for digital transformation skills accelerated by COVID, SCD initiated a full sale process. SCD managed much of the preliminary bidder Q&A and prepared the management team for a large number of presentations to interested buyers.
SCD’s strong local track record and high degree of credibility in the market were instrumental in generating 2 high-quality offers, one of which came from a global consulting leader.
SCD’s efficient execution of the sale, following a year of preparation, ensured a smooth process, particularly during the rigorous and lengthy due diligence required by the US-headquartered buyer. SCD successfully managed the workload, reducing the burden on the founders, and secured their transition as partners at McKinsey, where they launched the “Build by McKinsey” offering in Australia.
It was great to have Pierre and the SCD team on our side throughout the process. They provided invaluable insight and experience throughout the 2 years of preparation we did before the deal, as well being a reliable, trusted advisers, guiding us through the key stages of the transaction. We are very pleased with the result!
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