EY-Parthenon acquires CMA Strategy Consulting, thereby strengthening its capabilities in the rapidly growing and converging digital infrastructure market

NEW YORK, October 7, 2021 / PRNewswire / – Ernst & Young LLP (EY US) today announced that CMA Strategy Consulting (CMA) has joined the EY-Parthenon organization, elevating its strategy and offering and solutions focused on transactions in the space digital infrastructure and technology, media and telecommunications industry (TMT) more broadly.

Digital infrastructure is a revolutionary market that is fueling digital transformation across the economy and providing organizations with the opportunity to scale and transform. It includes the physical resources necessary to enable the use of data, computing devices, methods, systems and processes – and has become essential for the functioning of society and the quality of life.

This acquisition will improve the way EY-Parthenon supports its clients in defining their true market context and their competitive landscape. It will also strengthen EY-Parthenon’s ability to develop and implement strategies that consistently create long-term value for clients.

“CEOs don’t just run companies anymore – they also manage complex ecosystems. Today, more than ever, they need strategies that maximize future opportunities with lightning-fast implementation,” said Bill Casey, Vice-President EY Americas – Strategy and Transactions. “We are delighted to welcome CMA to the EY family. The CMA team, like EY-Parthenon, is results-driven – bringing experience and scale to each client, helping them achieve their strategies and create long-term value.

CMA is a boutique strategy firm that is a leader in the digital infrastructure and TMT industry with 65 consultants, mainly in Boston, San Francisco, and London. It provides a set of strategy and transaction offerings, solutions and differentiated sets of tools and methodologies in the digital infrastructure space, with capabilities and services that focus on data centers, networks fiber, towers, small cells, communications services, business computing and more.

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“The addition of CMA will enhance EY-Parthenon’s services for major TMT companies and investors. As a unique team, we will help pave the way for the technological revolution, ”said Barak Ravid, EY Global Technology, Media & Entertainment, Telecommunications Leader for Strategy and Transactions, Ernst & Young LLP. “CMA executives have played a pivotal role in the digital infrastructure revolution – their approach and delivery culture strongly aligns with the EY-Parthenon team. “

“Building unique and lasting relationships with our clients, while committing to their long-term success, is at the heart of our approach at CMA Strategy Consulting,” said Nick Vantzelfde, Founder and Managing Partner of CMA. “We are delighted to join EY-Parthenon, where we will be able to maintain our high quality customer relationships and our relentless pursuit of continuous improvement while allowing us to further support our customers as they take advantage of new opportunities. “

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About EY’s Strategy and Transactions
EY’s Strategy and Transactions teams work with clients to navigate complexity by helping them reinvent their ecosystems, reshape their portfolios and reinvent themselves for a better future. With global connectivity and scale, EY’s Strategy and Transactions teams help clients drive their business, capital, transaction and turnaround strategies to execution, supporting the creation of accelerated value in all types of market environments. EY’s Strategy and Transactions teams help support capital flows across borders and help bring new products and innovations to market. In doing so, EY’s Strategy and Transactions teams help clients build a better world of work by driving long-term value. For more information, please visit ey.com/StrategyandTransactions.

About EY-Parthenon
EY-Parthenon teams work with clients to navigate complexity by helping them reinvent their ecosystems, reshape their portfolios and reinvent themselves for a better future. With global connectivity and scale, EY-Parthenon teams are focused on strategy achieved – helping CEOs design and implement strategies to better manage challenges while maximizing opportunities as they seek to transform their businesses. From idea to implementation, EY-Parthenon teams help organizations build a better working world by driving long-term value. EY-Parthenon is a brand under which a number of EY member companies around the world provide strategy consulting services. For more information, visit ey.com/parthenon.

© 2021 Ernst & Young LLP

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