Since 2016, The Carrier Club has worked with telecommunications operators and enterprises of all sizes, reducing the cost of their access and core network infrastructure by up to 30% of their cost base and saving clients millions of pounds on their telecommunications spend.
The acquisition from The Carrier Club’s founding directors reflects growing demand from companies and public sector organisations seeking to reduce operational costs as increasing economic and geopolitical pressures continue to weigh heavily on budgets.
Nigel Meacham, Co-founder of The Carrier Club, said: “We have been working with the Cambridge Management Consulting team on many projects for some time. The time is now right to fully integrate the two businesses, which will expand Cambridge Management Consulting’s cost-transformation offering for its clients.”
Eric Green, fellow Co-founder of The Carrier Club, added: “When engaged by clients, we have consistently helped them to reduce a significant proportion of their telecommunications cost base. Combining our expertise more closely with the wider Cambridge Management Consulting team makes perfect sense at a time when companies and government departments need to work harder than ever to control costs.”
The acquisition reflects a broader, long-term commitment from the Cambridge-headquartered consulting firm to strengthen its procurement and commercial offering as it continues to add new AI-based tools to its cost-reduction toolkit.
The firm recently expanded its AI capabilities to extract cost data from clients’ financial systems and benchmark it, using the latest AI technology, against best-in-market pricing to identify further savings for clients.
Tim Passingham, Founder and Executive Chairman of Cambridge Management Consulting, said: “In these times of enormous geopolitical risk and uncertainty, organisations are under growing pressure to remove unnecessary costs from their operations, and we are seeing more and clients coming to us for support with this.
“Acquiring The Carrier Club - one of a number of acquisitions we are planning - will enable us to add even greater value to our clients in these challenging times.”
