
The Terrace Initiative is a 40+ person transformation and change management consultancy specialising in mining and rail automation. The company is a strategic advisor and implementation partner for a range of global blue-chip companies; delivering outcomes through a leading data-driven delivery platform: “Alchemy”.
Deloitte is a global professional services firm looking to boost its analytics capability in Perth.
For the sellers, the deal provided greater credibility to serve large clients and create career development opportunities for both shareholders and staff.
For Deloitte, the transaction allowed them to expand their presence in the Western Australian market, grow their staff and client base, and leverage the IP developed by the sellers.
SCD led a full classical sale process for The Terrace Initiative, from preparation to completion. Throughout the process, SCD engaged with multiple buyers and generated 2 offers from large consulting organisations in Australia, attracted by The Terrace Initiative’s talent and IP-platform. The sale resulted in the two founders becoming Deloitte partners in Perth, enhancing their presence in Western Australia and the mining sector.
SCD added significant value through its deep knowledge of the consulting industry and a trusted relationship with The Terrace Initiative, providing a personalised approach throughout the sale. SCD’s guidance helped shape the deal structure, combining a traditional consulting business model in change management with a data analytics platform and licence revenues. SCD also played a key role in coaching the young founders through their first exit strategy, ensuring a smooth process with a multi-professional acquirer like Deloitte.
I had the privilege of working with Pierre as we positioned our business for its next phase of growth with Deloitte. Pierre was extremely professional and brought a wealth of knowledge and experience that was pivotal to our success. He understood our business and personal journeys. It was an absolute pleasure working with Pierre!
Give us a call on +61 434 730 099. Or, email us at info@scdadvisory.com
or fill in our contact form and we will give you a call.