West Monroe Partners announced the acquisition of Waterstone Management Group, an advisory firm for private equity firms and Fortune 500 companies.
The acquisition expands West Monroe's strategic advisory and operations improvement services to clients who leverage software-enabled technology to provide value and a compelling experience to their customers, says Matt Sondag, Managing Director and National Leader for West Monroe's Mergers & Acquisitions practice.
The acquisition expands West Monroe's national M&A team by about 15 percent, with about half the acquired employees joining the firm's headquarters in Chicago and the other half joining the San Francisco office, increasing the firm's employee count by nearly 40 percent in the Bay Area.