Capco

Capco is a business and technology management consultancy firm with a focus on financial services and a dedicated energy division. Capco's headquarters are in London, UK with 29 offices across the Americas, Europe, and Asia Pacific. The company offers services primarily in banking,[1] capital markets, wealth and investment management, insurance, finance, risk & compliance. It also has an energy consulting practice in the US.

Capco
IndustryManagement Consulting,
IT Consulting
Founded1998 (1998) as The Capital Markets Company NV
Headquarters
London, UK
Area served
Worldwide
Key people
Lance Levy (CEO)
Number of employees
5000+
Websitewww.capco.com

History

Capco was founded in Belgium in 1998 by Rob Heyvaert as 'The Capital Markets Company NV', with offices in Antwerp, London, New York, and Frankfurt.[2] In 2001, the company rebranded to Capco, and the first issue of the Capco Journal of Financial Transformation was published by The Capco Institute. In 2015, Rob Heyvaert left Capco with Lance Levy taking over as Capco CEO.

Acquisitions

In 2007, Capco acquired City Practitioners Limited of London, U.K for an undisclosed sum.[3] In 2010, Fidelity National Information Services (FIS) signed a deal with Symphony Technology Group to buy Capco for approximately $300 million.[4]

In 2017, FIS sold a majority stake in Capco to Clayton, Dubilier & Rice (CD&R), a private equity firm based in New York, making Capco an independent company again.[5] FIS continues to retain 40 percent equity interest in the company.[6] In October 2019, Capco acquired Atom Solutions, a Houston-based IT firm.[7][8][9]

In March 2020, Capco acquired German-based digital consultancy Creative Construction.[10]

On 26 August 2020, Capco can utilize cloud-based, automated insurance solutions from INSTANDA to meet the transition needs of its customers. INSTANDA CEO & Founder, Tim Hardcastle was happy to confirm the collaboration with Capco.[11]

References
  1. "After leadership shake-up, what's next for Green Dot?". American Banker. 26 December 2019. Retrieved 11 June 2020.
  2. "Capco buys German digital consultancy Creative Construction". www.consultancy.eu. 16 March 2020. Retrieved 19 March 2020.
  3. "Capco acquires City Practitioners". Finextra Research. 11 July 2007. Retrieved 11 June 2020.
  4. "FIS agrees Capco acquisition". Finextra Research. 19 October 2010. Retrieved 11 June 2020.
  5. Zacks, Publisher. "Fidelity National to Sell Majority Stake in Capco to CD&R". www.nasdaq.com. Retrieved 11 June 2020.
  6. "FIS to Sell Majority Interest in Capco Consulting Business to Clayton, Dubilier & Rice | Clayton Dubilier & Rice, LLC". www.cdr-inc.com. Retrieved 11 June 2020.
  7. Feser, Katherine (30 October 2019). "Capco bolsters Energy practice with Atom Solutions acquisition". Houston Chronicle. Retrieved 11 June 2020.
  8. "Capco announces acquisition of Atom Solutions LLC". www.consulting.us. 29 October 2019. Retrieved 21 August 2020.
  9. "Capco Acquires ATOM Solutions LLC". www.businesswire.com. 25 October 2019. Retrieved 21 August 2020.
  10. "Capco buys German digital consultancy Creative Construction". www.consultancy.eu. 16 March 2020. Retrieved 19 March 2020.
  11. "INSTANDA and Capco partner to accelerate digital transformation". verdict. 26 August 2020. Retrieved 28 August 2020.
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