Wavestone acquired Wivoo for €11.5 million to enhance its Product Management consulting capabilities amid expanding demand for digital services.

Information on the Target

Wavestone is a prominent consulting firm, recognized for its specialization in digital transformation strategies. The firm has significantly expanded its footprint beyond France into regions like Germany, Switzerland, the United Kingdom, and North America. As of March 31, 2025, Wavestone reported consolidated revenue of €943.7 million, reflecting a robust growth rate of 35% compared to the previous fiscal year. The firm has also successfully integrated two recent acquisitions, Q_PERIOR and Aspirant Consulting, enhancing its capabilities in providing tailored consulting services across various sectors.

Wavestone employs over 6,000 professionals and has a firm commitment to sustainability, ranking in the top 5% of companies for Corporate Social Responsibility (CSR). The company offers a comprehensive suite of consulting services that include business model redesigns and the implementation of advanced technologies while driving sustainable transitions for its clients.

Industry Overview in France

The consulting industry in France is characterized by a competitive landscape, with several key players vying for market share in response to the increasing demand for digital transformation. The sector has shown resilience despite recent economic