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The firm BDO acquired the technological consulting company Meteor - voila! Of money


The accounting giant has announced that its consulting arm has acquired the technological consulting company in order to expand the portfolio of products it can offer to organizations in Israel and around the world

The merged consulting company is launched.

The goal: expanding the portfolio of products offered to international organizations (Photo: BDO)

BDO Consulting, the consulting arm of the BDO Israel firm, acquired the technology consulting company Meteor, and the company's activities were merged into the technology consulting division of BDO.

Eil Orgad, CEO of Meteor, will join as a partner in the firm and manage BDO's technology consulting division. Orgad is also joined by Meteor employees and the company's leading partners - Michael Berkowitz, Doron Zemer and Dr. Tal Aspir.

CPA Yaron Peled, partner and director of

BDO Consulting stated that "Metaor brings with it many years of experience, first-class experts and exceptional professional specializations that will allow us to deepen and expand the portfolio of services of the BDO technology consulting group.

The connection with Meteor will allow us to provide a unique value proposition for our customers in the Israeli market.

The completion of the merger is a significant milestone for us in our journey to create a leading brand in the field of technological consulting in Israel and in the world.

We intend to turn the firm's technology consulting group into the leading brand in Israel."

Eil Orgad, director of BDO's technology consulting division

: "Metaur's connection with BDO is an important step for us in realizing the decision to transform from a boutique company into a large consulting firm with dozens of technological consultants and with a presence in all sectors of the Israeli economy. We intend to utilize the firm's assets and its distribution network to introduce A double-digit growth rate in each of the coming years, while penetrating new sectors for us, such as:

industry, real estate, retail and more.

Being part of an international network will allow us to offer our customers access to knowledge and best practices that were not available to us until now.

In addition, we intend to expand our portfolio of services and develop value-added products that will be based on the integration of Meteor's knowledge and skills with the other units in the firm's consulting arm, starting with strategy and business growth, through innovation, automation and process excellence, data and digital products, and ending with cyber protection."

Meteor, established in 1995, is considered one of the leading technological consulting companies in Israel and specializes in strategic planning for information systems, digital and data and the formulation of technological road maps, in technological consulting and the formulation of systems and infrastructure architecture (including consulting and planning migration to the cloud), in the management of technological procurement processes and the selection of organizational computing solutions, In the management and professional accompaniment of development and implementation projects of large and complex data sets, in the leadership of digital transformation and more.

Meteor led a large part of the large and complex computing deals in the Israeli economy, with an aggregate amount of hundreds of millions of shekels, including outsourcing deals for development services and maintenance of systems and technological infrastructures in a wide variety of organizations and companies, such as IAS, the International Bank, Bank Leumi, Migdal, Soll Bona, Jerusalem Municipality, YES, Partner, Luminis, Tower and more.

Meteor is the technological consulting house of several large organizations in the Israeli economy, has led and continues to lead the largest development projects in the country, with an emphasis on projects to establish national information systems and critical national infrastructures with an aggregate amount of billions of shekels.

BDO is an accounting and business consulting firm that is among the five largest firms in the world, with branches in 164 countries.

BDO Israel was founded in 1983 and operates eight branches throughout Israel, as well as Israeli desks in the United States, the United Arab Emirates, China, India, Vietnam and Eurasia. The firm currently employs approximately 1,700 people in Israel. BDO consulting provides economics and finance, technology and cyber, corporate governance and regulatory services

. , operations and logistics, strategy and growth and public administrations.

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Source: walla

All business articles on 2023-03-13

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