Sionic is a global consulting firm which tackles complex operational, economic and strategic problems, big and small, for clients dealing with evolving markets, changing risks, intricate regulation, cultural change, technology and digital advances.
Sionic was formed from three pre-existing consultancy firms of longstanding pedigree: Catalyst, Knadel and Sionic Advisors. The combined group is one of the world’s largest and fastest growing specialist consulting firms with a combined revenue of over $60M and a staff base of more than 300 professionals based in a dozen locations across North America, Europe and Asia, operating with a fully internationalised platform for their global client base.
Surging Sionic's global growth:
- We invested in 2017 to support the business to address the market’s escalating requirements for ‘specialism at scale’ following increased post-financial crisis regulatory change and demand for programmes of transformational change within the sector.
- We have worked closely with management to develop a corporate development strategy, and since investment the business, originally called Catalyst Development, has made two transformative acquisitions: Knadel and Sionic Advisors.
- The merged business, now rebranded as Sionic, now plans to accelerate rapidly in response to global demand. Global spend on financial services consulting in 2018 was $38bn, up from $17bn in 2008, with an 8 – 10% compound annual growth rate. Over 70% of that spend relates to technology, operations, risk and regulatory compliance and change in banking, capital markets and insurance in North America, Europe and Asia: exactly the combined firm’s key areas of expertise.
“I’m excited to lead the new Sionic, which combines the deep industry expertise of three organisations brought together in just over a year to offer clients best-of-breed expertise across a wide range of specialisations. Working with such a respected investor as Livingbridge will enable us to build on the momentum we have already generated to establish Sionic as the unrivalled choice for specialist financial markets consultancy.”
Craig Sher, CEO, Sionic
Business founded as Catalyst Development Ltd – as an active contrast with the prevailing ‘management consultancy’ behaviours
Focus moves exclusively to financial markets
Bought by ABeam
Management buy-out from ABeam
Japan presence established – continues to date
New senior team recruited
Investment from Livingbridge
Acquisition of investment management experts Knadel
Firm achieves outstanding results in Great Place to Work engagement survey
Named as a Top 50 Best Workplace UK
Firm opens new nearshore hub in Lithuania
Launch of Jersey office
Named as one of the UK’s Leading Management Consultants
Expansion into new London headquarters
Merger with Sionic Advisors
Group rebrands to Sionic
Craig Sher appointed as CEO