RGP Acquires Reference Point, Expands Financial Services Consulting Capabilities
Thursday, Jul 4, 2024 10:55 am ET
Resources Connection, Inc. (RGP) has completed the acquisition of Reference Point LLC, enhancing its consulting services in the financial services sector. This acquisition, led by former industry executives, will expand RGP's offerings with end-to-end solutions, from strategy to implementation to management. The deal is expected to accelerate RGP's growth in the financial services sector and consulting business overall.
The financial services sector, known for its complex regulatory environment and ever-evolving operational challenges, requires consulting firms that offer end-to-end solutions. Recognizing this need, Resources Connection, Inc. (RGP), a leading global consulting firm, recently announced the acquisition of Reference Point LLC (Reference Point) [1]. This strategic move enhances RGP's consulting services and reinforces its commitment to the financial services sector.
Established in 2002, Reference Point is a strategy, management, and technology consulting firm that caters exclusively to the financial services sector [1]. The firm, led by former industry executives, employs a unique consulting delivery model where engagements are managed by experienced professionals supported by top-tier consultants [1]. This approach enables Reference Point to provide comprehensive solutions tailored to the specific needs of its clients.
With the acquisition, RGP expands its offerings to include end-to-end solutions for strategy development, implementation, and management in the financial services sector [1]. This acquisition not only enhances RGP's capabilities but also positions the company to accelerate its growth in the financial services sector and its consulting business overall.
Reference Point's expertise in risk and regulatory compliance, digital and technology, and data and analytics complements RGP's existing project execution services [1]. By integrating these services, RGP aims to provide a more comprehensive and integrated value proposition to its clients.
"We are excited to welcome the Reference Point team to RGP and expand our advisory offerings in the financial services sector," said Kate Duchene, CEO of RGP [1]. "This acquisition creates significant opportunities for both organizations to help provide an integrated value proposition for our collective clients."
Scott Goeden, Managing Partner of Reference Point, expressed his enthusiasm about the partnership, stating, "Joining forces with RGP brings significant opportunities for growth and synergy" [1]. With a shared vision for the future, the combined business has the potential to acquire market share faster and is poised to deliver value to its clients.
In conclusion, Resources Connection, Inc.'s acquisition of Reference Point LLC represents a strategic move to expand its consulting services in the financial services sector. This acquisition enhances RGP's offerings, accelerates its growth, and positions the company to provide a more comprehensive value proposition to its clients.
[1] Resources Connection, Inc. (RGP). (2024, July 1). Resources Connection, Inc. Acquires Reference Point LLC. https://rgp.com/press-release/reference-point-acquired-by-rgp/