Local govt consulting, continued
We’re keeping a tally of the number of local government consultants being taken over by bigger companies looking to buy into this niche market.
We had four - with Atkins, Northgate, Mouchel and Serco the buyers - when we last wrote in March.
Now there’s one more: 13th June 2008, Tribal buys Helm. The quick nos. are £15m (£13m of that in cash) for 72% of Helm. That puts a value of £21m on Helm’s 82 people (£250k per person), which is pricey.
