An international Baker Tilly team carried out the financial and tax due diligence for AdEx Partners and advised the management consultancy on the SPA negotiations.

Munich, 12 November 2026 - AdEx Partners and the Austrian CONSULTING AG are joining forces. The international advisory and audit firm Baker Tilly supported AdEx Partners in the transaction: a Baker Tilly team from Germany and Austria assisted the IT and management consultancy with the financial and tax due diligence and with the negotiations on the share purchase agreement (SPA).

With the combination, AdEx Partners continues its growth course and strengthens its market position in Austria. At the same time, the company expands its consulting portfolio with additional sector expertise in the public sector and healthcare. Together, the two companies will employ around 350 people across the DACH region.

AdEx Partners is a management consultancy founded in 2012 with a focus on strategy, digital transformation and artificial intelligence. With around 300 consultants, AdEx Partners operates across the DACH region; its clients include more than 60 percent of the DAX 40 companies. CONSULTING AG, founded in 1992, is an Austrian management consultancy based in Vienna with around 50 employees. Its focus areas are management consulting, organisational development, human resources management and project and change management, with particular sector expertise in the public sector and healthcare.

Advisers to AdEx Partners: Baker Tilly
Lead: Sebastian Hafner, CFA, CVA (Partner, Munich)
Financial: Sebastian Hafner (Partner), Felix Burghart (Senior Manager), Anna Wuschick (Junior Manager); all Munich, Baker Tilly in Germany
Tax: Yasmin Wagner (International Tax Partner, Baker Tilly Austria)

This text was automatically translated from the German original.