Mercer announced today that it has acquired CPSG Partners (CPSG), a leading Workday (NYSE: WDAY) services partner. This acquisition will significantly expand the size and capabilities of Mercer’s existing Workday practice while providing a global distribution channel for CPSG. By acquiring CPSG, Mercer will be able to meet clients’ needs for cloud-based finance and HR services across a broader array of industry segments and employer sizes with Workday Financial Management and Human Capital Management (HCM).
CPSG has helped more than 125 clients with operations around the world to maximize the strategic benefits from Workday Financial Management and HCM. With nearly 200 Workday-certified consultants, CPSG has a track record of delivering intellectual property and high-value services in order to help maximize the value of Workday for its clients.
“With the addition of CPSG, our successful and rapidly growing Workday practice will gain the scale to serve the largest clients and expand the scope of our services into the Middle Market as well as education and government sectors,” said Ilya Bonic, President of Mercer’s Talent business. “We are excited to bring our consulting heritage, combined with cutting-edge technology deployment skills, to empower more Workday clients to better manage their most important assets – their finances and people.”
"In order to continue building CPSG, it was imperative that we found a firm who believed in our world class talent model and work culture,” said Rohit Mehrotra, CEO and Founder of CPSG Partners. “Mercer, like CPSG, is hyper-focused on their employees and the quality of the client experience. I am looking forward to building a globally diversified, best-in-class Workday practice for our employees, partners and customers.”
“The combination of Mercer and CPSG Partners will provide significant added value to our customers,” said Aneel Bhusri, co-founder and CEO, Workday. “CPSG and Mercer both have extensive Workday experience that will create a powerful resource as companies move their finance and HR operations to the cloud and transform their businesses for future growth.”
Terms of the agreement were not disclosed.
To learn more, please visit http://www.mercer.com/our-thinking/accelerating-the-power-of-workday.html
Mercer is a global consulting leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and performance of their most vital asset – their people. Mercer’s more than 20,000 employees are based in 43 countries and the firm operates in over 140 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy and people. With 57,000 employees worldwide and annual revenue exceeding $13 billion, Marsh & McLennan Companies is also the parent company of Marsh, a global leader in insurance broking and risk management; Guy Carpenter, a leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a leader in management consulting. For more information, visit www.mercer.com. Follow Mercer on Twitter @Mercer.
About CPSG Partners
CPSG Partners helps businesses move their HR and Financial functions to the cloud by implementing Workday for our customers. CPSG accomplishes this through its business model as a leadership incubator, where we hire and develop some of the finest talent in the world.