UK challenger consultancy makes acquisition amidst wider Big Four restructuring

Elixirr, the established, global award-winning challenger consultancy, today announces it has acquired management consultancy Insigniam.

Insigniam, which employs 53 people worldwide, has more than 35 years of experience in pioneering organisational breakthroughs, innovation and transformation across industries, with a strong focus on healthcare, pharmaceuticals, retail and consumer packaged goods.

As Elixirr’s sixth acquisition to-date since 2020, today’s deal marks the latest step in the firm’s strategy to diversify its service offering, expand its global presence, and become the fastest-growing challenger consultancy in 2024.

As part of the acquisition, Elixirr also welcomes four new partners into the team: Insigniam Co-Founding Partners Shideh Sedgh Bina and Nathan Owen Rosenberg, and Katerin Le Folcalvez and Jennifer Zimmer.

Commenting on today’s news, Stephen Newton, CEO and Founder of Elixirr, said, “I am exceptionally proud to expand our team, bringing in those who share in Elixirr’s ethos, entrepreneurial spirit and desire to create meaningful change – and in Insigniam we have found exactly that.

“For more than 35 years, Insigniam has built a prestigious reputation and is trusted by world-leading clients, further supplementing our ability to expand into the European and U.S. markets.

“When combined with Elixirr’s strategy, technology and execution capabilities, together we can offer our respective clients much greater value to meet their toughest challenges in an even more impactful, dynamic way.”

Shideh Sedgh Bina, Co-Founder of Insigniam, said, “We are thrilled that Elixirr not only expands our ability to provide an enhanced range of services for our clients, but also enables us to partner with C-suite executives to design and execute on their fit-for-21st-century-agenda.

“The Elixirr disrupter mindset, entrepreneurial culture and leadership team are perfectly aligned with our commitment to serve our clients to deliver remarkable results. Like Insigniam, Elixirr is not afraid to challenge convention, talk straight and disrupt the status quo.

“Elixirr and Insigniam both hold dear an ethos of deep client service, and we believe that together, combining the best of ‘being human’ with technology and data, we will deliver dramatic new outcomes for our clients.”

Nathan Owen Rosenberg, Co-Founder of Insigniam, said: “Insigniam’s combination with Elixirr gives our clients a range of services that, in my scan of the market, has not been available.

“Already, the Elixirr partners and Insigniam partners are collaborating to catalyse new value for our combined clients, as well as working on a new set of offerings. Literally, we can now offer the full range of expertise and services needed to transform a CEO’s agenda into reality.

“Clients will see new capabilities to fulfil their intentions. We now provide extraordinary value to the CEO and his or her team and to each executive in the C-suite, beyond what either firm could offer before the combination.”

Insigniam has built an unparalleled reputation for catalysing change in the U.S. and European markets, expanding Elixirr’s footprint in both these important geographies. The firm focuses on getting to the root of clients’ challenges – using experienced teams to truly understand clients’ cultural and strategic problems.

Through its work, Insigniam guides the leaders and employees in an organisation through breakthroughs, large-scale innovation and transformation. Their model combines their clients’ deep knowledge of their business with Insigniam’s expert insights and unique methods for fresh thinking, altering behaviour and maximising results – honed over decades of working with executives and large enterprises.