Dallas,
TX and London, UK (May 16, 2005) -
The Trowbridge Group, a leading outsourcing consulting
firm based in Dallas, Texas, and ALS Consulting, a European
shared services and outsourcing consultancy, announced today
the completion of a merger agreement. The new global company,
named Alsbridge, combines the expertise gained through decades
of cumulative experience in the management of Outsourcing
and Insourcing programs.
The founding partners are pioneers
within the Outsourcing Industry and were instrumental in the
development of the IT and business process outsourcing structures
familiar to practitioners today. The combined contract value
of all deals negotiated by Alsbridge executives exceeds $50
billion, and the new firm will have over 60 advisors and a
client list comprising of many Fortune 500 businesses. Alsbridge
offers comprehensive outsourcing and insourcing services through
balanced and objective world-class advice, ranging from strategy
development and solution design to vendor selection and execution.
Their experience ranges across multiple business verticals
in Information Technology, Human Resources, Procurement, Customer
Relationship Management, Finance & Accounting, and other
business processes.
“We have proven global and vertical industry experience
that comes from working on some of the world’s biggest
outsourcing contracts and insourcing programs,” says
Ben Trowbridge, managing partner of Alsbridge North America.
“As former CEOs and Big-4 managing partners, we truly
understand the financial, operational and executive perspective
around successful outsourcing and insourcing programs as well
as in hybrid combinations of the two strategies.” Alsbridge
clients now have access to advice and support in both Europe
and North America.
Outsourcing continues to grow amongst Global 500 and mid-sized
companies due to increased global competition as they strive
to maintain company profitability and shareholder value. Gartner
Dataquest predicts worldwide BPO revenue to grow from a projected
$131 Billion in 2004 to $161 Billion in 2006.
“In Europe and Asia, we are seeing a steep increase
in sourcing activities across a variety of industries such
as manufacturing, telecom and retail,” comments Tim
Lloyd, managing partner of Alsbridge Europe. “Governmental
organizations are also benefiting by adopting sourcing strategies
to improve their efficiency.”
Tim concludes “By forming a global company with experience
acquired in some of the largest outsourcing deals signed to
date in the Americas, Europe and Asia, we are uniquely positioned
to help global players take full advantage of the benefits
of their insourcing and outsourcing activities.”
About
Alsbridge
Alsbridge (www.alsbridge.com) is the premier global Outsourcing
and Insourcing advisory firm with headquarters in North America
and Europe. Alsbridge advisors average over 15 years of experience,
specializing in Outsourcing and Insourcing transactions focused
on leading change while managing business transformation and
risk through innovative deal structures. Alsbridge provides
clients with unmatched experience and in-depth industry knowledge
in reducing costs, improving service levels and maximizing
shareholder value. With world-class Outsourcing and Insourcing
excellence, Alsbridge assists clients by providing a balanced
view of value-driven SG&A sourcing solutions that support
the business objective and ensure long-term future success.
Our advisors come from “Big 4” firms with extensive
experience in building and managing complex deals including
multi-national, BPO, IT, HRO, and offshore arrangements.
Decisions regarding Outsourcing or Insourcing,
the use of a Traditional Contract or Joint Venture, or how
to effectively Program Manage a service or contract implementation,
are challenges resolved by Alsbridge everyday. |