Cresco acted as lead to counsel to Projective Group, the international consulting firm for the financial services industry, in the strategic acquisition of Hamburg-based Thede Consulting, a prominent German management constancy firm specializing in Payments and digitalization strategy.
For 30 years, Thede Consulting has been active in the business of providing advisory services in the payments sector in Germany and Internationally. Thede Consulting specializes in future payments, innovative business models, and using advanced technology to boost competitiveness through digital transformation.
The strategic acquisition of Thede Consulting aligns with Projective Group’s growth plan, enhancing Projective Group’s position in the financial services and adjacent sectors and expanding its presence in the DACH regio.
Projective Group’s current consulting offering and Thede Consulting are complemented to fine-tune its strategic focus and operational execution, ensuring an optimal balance between strategy and implementation within the payments area.
David Dessers and Bas Stobbelaar advised Projective Holding in this transaction.
Cresco has acted on several Projective acquisitions in the execution of Projective’s buy & build strategy.
More information on this transaction can be found in De Tijd or the website of Projective
For any further information or questions, please contact David Dessers.
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