Key Takeaways
- Sector: Artificial Intelligence (AI), Business Services, Technology, Software & Gaming.
- Geography: France, Germany, United Kingdom, Netherlands, Italy.
Analysis
A significant consolidation is underway in the European artificial intelligence and data consulting sector, as French firm Singulier announces its merger with German counterpart Ommax. This strategic combination aims to forge a formidable pan-European entity, boasting a collective workforce of over 400 specialized consultants. The newly formed group is set to target an impressive revenue range of €80 to €100 million, with ambitious plans to achieve a threefold increase in size within the next five years.
This merger arrives at a pivotal moment for corporate adoption of AI. Large enterprises and investment funds are increasingly shifting from experimental AI projects to full-scale industrialization. Consequently, there is a growing demand for consulting partners capable of orchestrating AI strategies across the continent, integrating technological expertise with data analytics and operational transformation. The combined entity is well-positioned to meet this escalating need, offering a unified approach to complex digital challenges.
Ommax, established in Munich in 2011, has cultivated a strong presence across Germany, the UK, the Netherlands, and Italy, focusing on digital transformation, data, and AI. The firm has demonstrated robust organic growth, reportedly averaging around 40% annually over the past decade. Its client roster includes prominent names such as Siemens, Chanel, Lufthansa, and FC Bayern München AG, alongside numerous international investment funds. This extensive experience provides a solid foundation for the merged entity's expanded operations.
Singulier, founded in Paris in 2017 by Mathieu Ferel and Rémi Pesseguier, has carved out a niche as a trusted advisor for private equity firms and their portfolio companies. Its client base features leading investment firms like Ardian, Bridgepoint, and PAI Partners, as well as major corporations such as CMA CGM. The firm's prior fundraising efforts, including a €5 million round in late 2023 from Founders Future and MACSF, underscore its commitment to international expansion.
The transaction is underpinned by a significant capital injection, structured as part of a leveraged buyout led by Eurazeo. Eurazeo acquired a stake in Ommax in July 2025 to fuel its international growth trajectory. The founders of both Singulier and Ommax will continue to lead the integrated group, ensuring continuity and leveraging their deep industry knowledge. Notably, Founders Future, an early investor in Singulier, is reinvesting in the new combined entity, signaling strong confidence in its future prospects.
With over 120 consultants already dedicated to AI and data initiatives, the merged firm is poised to accelerate its offerings in these critical domains. The objective is to guide clients from initial proof-of-concept stages to large-scale deployments that deliver tangible operational improvements. This strategic alignment of expertise and resources creates a powerful new player in the European consulting market, ready to capitalize on the accelerating demand for advanced AI and data solutions.