Headquartered in Germany, H&Z Management Consulting is a consulting firm specialised in operations, procurement, performance improvement, technology, and innovation. The firm is a leading player in these fields in the DACH, operating out of offices in Munich, Cologne, Hamburg, and Vienna.
With the bolt-on of Haselhorst Associates, H&Z now also aims to mirror its standing in the restructuring and turnaround market.
Founded in 2004, Haselhorst Associates is a consulting firm specialized in restructuring, managing organizational realignments, and related digitalization topics. The firm works for both DAX-listed corporations and small and medium-sized enterprises that are either in financial distress or are anticipating challenging times of transition.
As part of the deal, 6 partners and 35 consultants will join H&Z Management Consulting.
“The addition of Haselhorst Associates further strengthens our strategic consulting expertise,” said Michael Santo, Managing Director of H&Z. “In addition to growth and positioning topics, we will be able to offer our clients and their financing partners the comprehensive reorganisation and restructuring expertise of an established consultancy firm in this segment.”
Santo added that the deal marks the next step of H&Z’s ambition to become a leading European consulting firm in its areas of expertise. Earlier, the firm expanded into the UK market through a team hire from a procurement-focused consultancy firm, and brought an investor on board to fund its acceleration plans.
“Our ambition to become the European champion for circular value chains seamlessly aligns with the future consulting approach that combines restructuring and management expertise to deliver sustainable solutions.”
Commenting on the joining of forces, Arno Haselhorst, Managing Director of Haselhorst Associates said: “We are very pleased to become part of H&Z. In the interests of our clients, we will combine our shared entrepreneurial values and the implementation-centred consulting approaches of H&Z and Haselhorst Associates. Together, we will stand by our clients far beyond times of crisis and enable their long-term success with strategically sustainable concepts.”
Sourced from Consultancy.eu