Barnett Waddingham has acquired specialist risk advisory firm Risk Evolves.
The consultancy firm says this acquisition strengthens its risk and resilience offering, enabling it to offer clients advisory services around cyber security, data privacy, environmental, social & governance, and compliance. This will include offering risk assessments, covering incident response planning and supply chain risk reviews.
Barnett Waddingham says will help enable greater business continuity and resilience planning for clients. It will also mean the firm can offer enhanced specialist training and behaviour change programmes, that aim to create a “risk-aware culture” that reduces real-world exposure across all business areas.
The two businesses have previously collaborated on a number of projects, making the acquisition the next step of an established partnership. The move will see a seven-strong team from Risk Evolves join Barnett Waddingham.
Barnett Waddingham says this acquisition will also help accelerate business growth.
Barnett Waddingham partner and head of risk and resilience services, Harshil Shah says: “This strategic move cements BW’s credentials as a leading professional services consultancy that helps clients make better decisions around strategy, operations and people; by leveraging our risk, resilience and data analytics expertise.
“Risk Evolves has been a trusted partner for several years, and this move formalises and strengthens that relationship. Our clients will benefit from continuity of service while gaining access to our combined award-winning expertise.”
Helen Barge, founder and managing director of Risk Evolves, who has joined BW as principal and senior risk and resilience consultant adds: “Barnett Waddingham has a first-class reputation within the risk industry; the firm is well known for building strong, long-term relationships based on collaboration and trust.”
