C86 buys 50% of Austria's LucSien in push for €250M scale
What's the deal? UK technology consultancy C86Dealroom has a profile for this one. Try Dealroom → has acquired a 50% stake in Vienna-based LucSien Advisory PartnersDealroom has a profile for this one. Try Dealroom →, expanding its European footprint. The deal value was undisclosed.
Who's who? C86 helps organisations deploy technology for mission-critical work across AI, cybersecurity, and digital transformation. LucSien, founded in 2019, is a boutique advisory firm that supports senior management through transformations, cost-cutting programmes, and operating model redesigns.
What's the endgame? The combined firm is targeting €250 million in revenue and global scale by 2027. According to a joint release, combined revenues are "expected to almost triple by the end of next year."
Why now? Both companies frame the tie-up around AI's impact on consulting. "AI is rewriting the rules of consulting," said Michael Fröhlich, CEO and founder of LucSien. He added that AI can support analysis, but decisions "still requires people who have done it before."
The merged businesses operate across the UK, Europe, and the US, spanning financial services, critical infrastructure, transport, the public sector, and enterprise technology. Clients include financial services firm CitCoDealroom has a profile for this one. Try Dealroom → and London GatwickDealroom has a profile for this one. Try Dealroom →, the UK's second-largest airport.
What C86 says: "This investment means our customers get broader expertise and greater scale through a single partner they already trust," said C86 chief executive officer Rob Robinson. He said LucSien's business consulting strength expands what C86 can deliver "without losing the agility and close client relationships that define both our businesses."
The signal: The deal reflects a broader push to fuse management consulting with AI-driven delivery, as advisory firms bet that technical depth paired with senior judgment will define the next era of the sector.
Read more: consultancy.uk
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