
November 2026
Accenture is a professional services company that provides management consulting, technology consulting, systems integration and outsourcing services to corporations and governments. It was formed in 1989 as the consulting arm of Arthur Andersen, operated as Andersen Consulting until 2000, and is incorporated in Ireland with its head office in Dublin. The company organises its work around strategy and consulting, technology and operations services, and industry-specific practices spanning banking, insurance, health, public service, communications, energy, retail and software. It earns fees from multi-year managed services and outsourcing contracts as well as project-based consulting and implementation work for large enterprise clients. Accenture is a serial acquirer of small and mid-sized specialist firms in cloud, data and artificial intelligence, cybersecurity, digital engineering, marketing and design, and it adds capability in new geographies the same way. It also invests in early-stage and growth technology companies through its corporate venture arm, Accenture Ventures, and holds majority and minority stakes in joint ventures such as Avanade. Its shares are listed on the New York Stock Exchange. | $258 | +2% | $158B | $160B | 2.2x | 12.8x | |||
HCL Technologies Ltd provides enterprises with IT solutions. It focuses on offering Digital, Internet of Things, Cloud, Automation, Cybersecurity, Infrastructure Management, and Engineering services to solve business problems for clients. It offers solutions to a variety of industries, including Financial Services, Public Services, Consumer Services, Healthcare, and Manufacturing. It operates in three segments: IT and Business Services, Engineering and R&D Services, and HCL Software. The firm emphasizes consultation services for firms, intending to offer them digital and design solutions. The majority of the firm's revenue comes from the IT and Business Services segment. Geographically, it derives maximum revenue from the USA, and the rest from Europe, India, and the Rest of the world. | $15 | -17% | $41B | $39B | 2.8x | 14.2x | |||
Experian is one of the leading credit bureaus in North America and the United Kingdom, providing the consumer information that is the basis for making lending decisions. The company also provides decision analytics, marketing data, and direct-to-consumer credit products and services. Roughly one quarter of the company's revenue is generated outside of North America and the United Kingdom, primarily in Latin America and Asia. | $40 | -9% | $35B | $40B | 4.8x | 13.4x | |||
Cognizant Technology Solutions is a multinational IT services provider that offers a range of consulting and business process outsourcing services. Originally founded in India, the company is headquartered in the US and serves enterprise customers spanning the financial services, healthcare, and resources industries. With most of its workforce located in India, Cognizant leverages a global delivery model that helps clients outsource their IT needs to offshore labor. | $65 | -16% | $29B | $30B | 1.4x | 7.5x | |||
Verisk is a leading data, analytics, and technology provider for property-casualty insurers. Verisk traces its history to Insurance Services Office, a nonprofit advisory organization founded in 1971 by US P&C insurers. ISO was formed as an association of insurance companies to assist with a variety of insurance use cases, such as reporting to regulators, defining policies, and determining independent premium rates. As the firm expanded its use cases, it became a for-profit company, renamed Verisk, and went public in 2009.Verisk’s single segment (insurance) provides underwriting solutions, including forms, rules, loss costs, and catastrophe modeling. For claims, Verisk’s solutions include property repair estimates and antifraud tools. About 83% of Verisk’s revenue is US-based. | $196 | -13% | $26B | $30B | 9.6x | 17.7x | |||
Capgemini is a French IT services company with a global presence. The firm has over 450 offices globally, with more than half of its employees based in India. Capgemini provides services related to IT consulting, software application and technology services, infrastructure management, engineering research and development, and business process outsourcing. | $143 | -9% | $24B | $32B | 1.3x | 9.9x | |||
NRI was formed in 1988 through the merger of the original Nomura Research Institute and Nomura Computer Systems. Its core financial IT solutions segment (roughly half of revenue) acts as a de facto utility for Japan’s capital markets, running shared back-office platforms for major brokerages and banks. The industrial IT solutions segment builds supply chain and enterprise resource planning systems for retailers and manufacturers. These are supported by IT platform services (data centers) and a consulting business that originates digital transformation projects. Nomura Holdings, the parent of Nomura Securities, remains NRI’s largest shareholder with a 20% stake. | $40 | -1% | $22B | $22B | 4.3x | 32.1x | |||
Along with Experian and TransUnion, Equifax is one of the leading credit bureaus in the United States. Equifax’s credit reports provide credit histories on millions of consumers, and the firm's services are critical to lenders’ credit decisions. In addition, about 40% of the firm’s revenue comes from Workforce Solutions, which provides income verification and employer human resources services. Equifax generates about 25% of its revenue from outside the United States. | $185 | -13% | $22B | $27B | 4.4x | 14.6x | |||
Leidos Holdings Inc is a technology, engineering, and science company that provides services and solutions in the defense, intelligence, civil, and health management, both domestically and internationally. The customers of the company includes the U.S. Department of Defense ("DoD"), the U.S. Intelligence Community, the U.S. Department of Homeland Security ("DHS"), the Federal Aviation Administration ("FAA"), the Department of Veterans Affairs ("VA"), and many other U.S. civilian, state and local government agencies, etc. The company is engaged in four reportable segments; National Security & Digital, Health & Civil, Commercial & International and Defense Systems. It provides a wide array of scientific, engineering and technical services and solutions across these reportable segments. | $143 | -25% | $18B | $24B | 1.4x | 9.9x | |||
Bureau Veritas is a testing, inspection, and certification company. Its primary activities include testing products and materials, inspecting sites and equipment, and certifying products and systems to maintain global standards. Bureau Veritas is one of a handful of companies in the TIC sector that operate globally across numerous industries, including marine, industry, commodities, construction, and consumer products. Bureau Veritas was listed in 2007; it was previously privately owned by the Wendel Group, which retains a significant holding. | $33 | +2% | $14B | $17B | 2.3x | 12.1x | |||
Gartner Inc delivers actionable, objective business and technology insights that drive smarter decisions and stronger performance on an organization's mission-critical priorities. It delivers its products and services globally through three reportable segments - Business and Technology Insights, Conferences and Consulting. Insights equips executives and their teams from every Majority function, geography, industry and sector with actionable, objective insights, guidance and tools. Conferences provides executives and teams across an organization the opportunity to learn, share and network. and Consulting serves senior executives technology-driven strategic initiatives leveraging the power of Gartner's actionable, objective insight. The Majority revenue is derived from the Insights segment. | $229 | -2% | $14B | $16B | 2.5x | 13.2x | |||
ELM Co is engaged in providing ready-made and customized digital solutions in many areas. Its ready-made solutions serve a broad segment of customers, who can subscribe to different packages of their choosing to meet their needs and suffice business requirements. The services offered by the company include Consulting, Data Analysis and Technical solutions. The segments are Digital Business, Business Process Outsourcing and Professional Services, out of which the majority are from the Digital Business segment. | $163 | -20% | $13B | $12B | 4.9x | 18.5x | |||
BayCurrent Inc offers comprehensive consulting services in a wide variety of industries. It offers strategy Business Process Consulting, Information Technology (IT) Consulting, and System Integration. The strategy Business Process Consulting covers company or business strategy, M&A alliances, digital strategy, turn-around, globalization, innovation, and marketing or sales strategy. The IT Consulting includes IT strategy, governance, organizational improvement, cost optimization, architecture, asset evaluation, talent development, and Request for Proposal (RFP) creation. The System Integration handles system design, development, and infrastructure operation and maintenance. | $75 | +72% | $11B | $11B | 11.4x | 33.2x | |||
Booz Allen Hamilton Holding Corp provides technology solutions in areas such as artificial intelligence, cybersecurity, and related fields. The company serves U.S. federal government agencies, commercial clients, and select international customers. It also provides technologies to evolve defense missions and delivers solutions to warfighters in the digital battlespace. The domains includes Consulting Services- Delivering strategic, operational, and management consulting to transform organizations; Advanced Tech- artificial intelligence, cloud integration, and data platforms. Cybersecurity that protects critical national infrastructure, military networks, and sensitive government systems and Engineering Solutions providing mission-critical technical design and hardware integration. | $88 | +6% | $11B | $15B | 1.3x | 12.1x | |||
DKSH is a Swiss market expansion services provider headquartered in Zurich and listed on the SIX Swiss Exchange. It helps companies grow in Asia Pacific, Europe and North America through sourcing, market insights, marketing and sales, e-commerce, distribution, logistics and after-sales services. It operates through four business units, Healthcare, Consumer Goods, Performance Materials and Technology. The Performance Materials unit distributes specialty chemicals and ingredients for food, pharmaceutical, personal care and industrial applications and generated net sales of CHF 1.4 billion in 2025. The group has operated for more than 160 years, works in 35 markets with 26,840 specialists and generated net sales of CHF 11.1 billion in 2025. In August 2026 it agreed to acquire P.R. Chemicals, an active pharmaceutical ingredient distributor in Thailand. | $94 | +34% | $6.1B | $6.5B | 0.5x | 12.2x | |||
Sweco AB is an architecture and engineering consultancy. It offers multidisciplinary services in the following segments: buildings and urban areas; water, energy, and industry; and transportation infrastructure. Sweco’s architecture operations are integrated into all segments. The company's geograohical segments include: Sweden, Belgium, Finland, Norway, Denmark, Netherlands, UK, and Germany, and Central Europe. | $14 | -16% | $5.2B | $5.9B | |||||
FTI Consulting Inc is a firm that generates its sales by providing professional business advisory services to customers. The company operates through five segments, namely corporate finance, forensic and litigation consulting, economic consulting, technology, and strategic communications. The company generates the majority of its revenue from the Corporate finance segment. Customers of the company come from a wide array of sectors, including construction, energy and power, environmental, financial institutions, healthcare and life science, insurance, real estate and infrastructure, retail and consumer products, telecom, media, and technology. The majority of the company's revenue is derived from serving customers in the United States. | $183 | +12% | $5B | $5.9B | |||||
Serco Group PLC helps governments and public-sector bodies deliver public services. The company generates revenue from four divisions; the UK & Europe division provides hospital management, welfare, business support operations, and defense services in the U.K. and Europe. The North America division provides professional, defense, technology, and management services to the U.S. and Canadian governments. The Asia-Pacific segment provides frontline services, defense, and citizen services in Australia, New Zealand, and Hong Kong. The Middle East division provides transport, defense, and health services in the Middle East. The company generates its key revenue from the U.K. & Europe divisions. | $4 | +14% | $3.7B | $4.7B | |||||
Maximus Inc designs, develops, and delivers programs enabling people to access vital government services. It translates health and human services public policy into operating models that achieve outcomes for governments at scale. The company covers a broad array of services, including the operation of large health insurance eligibility and enrollment programs; clinical services, including assessments, appeals, and independent medical reviews; and technology services. The company operates through the following segments: U.S. Federal Services, U.S. Services, and Outside the U.S. A majority of its revenue is derived from the U.S. Federal Services segment, which engages with various U.S. federal government agencies to deliver clinical services, maintenance services, and technology solutions. | $64 | -26% | $3.3B | $5B | |||||
Alten is an engineering and technology consulting firm. The company provides design and research projects for the technical and information systems divisions of corporate clients in the industrial, telecommunications, and service sectors. Alten’s business consists of three operating segments: engineering and technology consulting; telecoms and networks; and information systems. The engineering and technology consulting segment contributes the majority of group revenue. Alten generates approximately half of its revenue in France with most of the balance derived in other European countries. | $97 | +25% | $3.3B | $3.3B | |||||
Huron Consulting Group Inc is a professional services firm. The company provides expertise in technology, operations, advisory services, & analytics through three operating segments namely Healthcare, Education, and Commercial. Healthcare segment helps the firms to transform and innovate the delivery model to focus on patient wellness by improving quality outcomes, minimizing care variation and fundamentally improving patient and population health, Education segment provides management consulting and technology solutions, and Commercial segment is focused on serving industries and organizations facing disruption and regulatory change. It generates a majority of its revenue from the Healthcare Segment. | $194 | +18% | $3.1B | $3.9B | |||||
CBIZ Inc through its subsidiaries provides professional services advisors to middle-market businesses and organizations nationwide. Its business units have been aggregated into three practice groups: Financial Services, Benefits and Insurance Services, and National Practices. The company provides its services to various industries such as Banking & Financial Services, Commercial Real Estate, Construction, Health Care Manufacturing & Distribution NFP & Education, Private Client Services, Professional Services, Public Sector, and Technology & Life Sciences. It derives the majority of its revenues from the Financial Services segment and geographically from the United States. | $55 | +13% | $3B | $4.9B | |||||
TIC Solutions Inc is a provider of tech-enabled Testing, Inspection, Certification and Compliance (TICC), engineering, and geospatial services. It provides mission-critical services that are essential to the safety, reliability, and efficiency of industrial assets, buildings and public infrastructure. The company's services are often non-discretionary and are driven by regulatory requirements, customer risk management policies, and the need to extend the useful life of critical assets. It operates in North America and serve both public- and private-sector clients. Its public-sector clients include federal, state, and municipal agencies, public utilities, and environmental regulators. Its private-sector clients span industrial, infrastructure, construction, and real estate end markets. | $10 | +3% | $2.2B | $3.5B | |||||
ICF International Inc provides professional services and technology-based solutions to government and commercial clients, including management, marketing, technology, and policy consulting and implementation services. Its services support clients that operate in four key markets that include Energy, Environment, Infrastructure and Disaster Recovery; Health and Social Programs and Security and Other Civilian & Commercial. The Company's majority clients are United States federal government departments and agencies. It operates in a single segment, which is providing professional services. | $95 | +22% | $1.7B | $2.3B | |||||
Ipsos SA is a France-based market research and data analytics company. It provides research services across areas such as advertising, media, technology, public affairs, and consumer markets, using surveys and data analysis to generate insights. The company operates globally, with Europe as a key revenue contributor. | $39 | +6% | $1.6B | $2B | |||||
ASGN Inc is a provider of information technology (IT) services and professional solutions, including technology and creative digital marketing, across the commercial and government sectors. It operates through two segments, Commercial and Federal Government. The Commercial Segment, which generates the majority of the revenue, provides IT solutions to Fortune 1000 and large mid-market clients. The Federal Government Segment provides solutions in data and AI, cybersecurity, software and engineering, and enterprise platforms to agencies in the public and private sectors. | $38 | -15% | $1.6B | $1.6B | |||||
Engineers India is a state-owned engineering consultancy. It provides design, engineering, procurement and project management for oil refineries, petrochemicals, pipelines and other infrastructure. Customers are mainly public sector oil and gas companies. Headquartered in New Delhi. | $3 | +20% | $1.5B | $1.1B | |||||
MLP SE is a holding company that provides consultation that covers all economic and financial aspects for private and corporate clients, as well as institutional investors such as old-age provision, wealth management, health insurance, non-life insurance, loans, banking, among others. The company has seven business segments namely, Financial consulting; Banking; FERI; DOMCURA; Industrial Broker; Deutschland.Immobilien and Holding. | $12 | +60% | $1.4B | $4.8B | |||||
SMS Co Ltd is a Japanese company involved in providing various services targeting information infrastructure for the aging society. The company divides its search service by the following segments: nursing care, medical care, career, healthcare/senior life, and global. | $16 | +87% | $1.3B | $1.3B | |||||
CRA International Inc is a U.S.-based advisory firm that provides economic, financial, and management consultancy services. The company advises clients on economic and financial issues relating to litigation and regulatory proceedings and helps businesses set important business strategies and solve performance-related issues. The company's clients include domestic and foreign companies, government agencies, public and private utilities, and national and international trade associations. CRA International generates majority of its revenue from the United States, while it also has its presence in United Kingdom and Other Countries. | $196 | +11% | $1.2B | $1.5B | |||||
Andersen Group is a San Francisco-headquartered provider of independent tax, valuation and financial advisory services to individuals, family offices, businesses and alternative investment funds. It is the listed holding company of Andersen Tax LLC, which began in July 2002 as Wealth & Tax Advisory Services, formed by former Arthur Andersen tax partners, and took the Andersen name in 2014. Andersen Group Inc. was incorporated in Delaware in April 2025 and listed on the New York Stock Exchange as ANDG after an initial public offering priced at $16.00 per share that closed on December 18, 2025. It reported 2025 revenue of $838.7 million and about 2,300 employees. In 2026 the group began buying firms from the Andersen Global network, signing 19 acquisitions across tax, legal, valuation and consulting representing about $190 million of annualized revenue. Andersen Global, the Swiss verein of independent member firms, is a separate organisation. | $66 | -- | $1.2B | $2.3B | |||||
MBB SE is a medium-sized, family-owned company specializing in the acquisition and management of medium-sized industrial companies with considerable technology and engineering expertise. It concentrates on energy transition, e-mobility, cybersecurity, and ecological materials through its subsidiaries. The MBB Group comprises the following reportable segments: Friedrich Vorwerk, Aumann, DTS, Delignit. Aumann AG: Specialized in e-mobility and automation, Friedrich Vorwerk: Focused on energy infrastructure, including gas, power grids, and hydrogen. DTS IT AG: Provides cybersecurity and cloud computing services. Delignit AG: Produces ecological hardwood-based materials and Hanke Tissue: Produces consumer goods like mattresses and tissue paper. | $218 | +3% | $1.1B | $821M | |||||
Clarivate Plc is a British-American information services and analytics company, headquartered in Philadelphia and London, that sells subscription data, analytics and workflow software to academia, government, intellectual property owners and life sciences companies. It formed in 2016 when Thomson Reuters sold its Intellectual Property and Science division to Onex and Baring Private Equity Asia, and it listed on the NYSE in 2019 through a merger with Churchill Capital Corp. Its products include Web of Science, ProQuest, Ex Libris, Derwent, CompuMark and Cortellis. It acquired CPA Global, an IP management software and services provider with about $575 million of revenue and 12,000 customers, in an all-stock deal valued at about $6.8 billion that closed in October 2020. For 2025 revenue was $2.46 billion, 88% of it recurring, with a net loss of $201.1 million and adjusted EBITDA of $1.00 billion. In 2026 it agreed to sell its Life Sciences & Healthcare segment to Altaris for $600 million, leaving Academia & Government and Intellectual Property as its two segments. Matti Shem Tov has been chief executive since August 2024. | $2 | -56% | $1.1B | $5.1B | |||||
State-owned engineering consultancy providing consulting, project management and rolling stock services for railways, highways, metros, airports and ports, in India and overseas. Based in Gurugram. | $2 | -25% | $953M | $656M | |||||
Lincoln International Inc is an independent investment banking advisory company focused on private capital markets. The company operates its business through its two operating segments: Investment Banking Advisory and Valuations and Opinions. The Investment Banking Advisory segment offers a range of services related to mergers and acquisitions, with key areas of focus including sell-side advisory, buy-side advisory, asset sales and divestitures, restructuring, primary and secondary capital raising, and merger-related engagements. The Valuations and Opinions segment provides valuation services to investment funds and financial institutions. The majority of revenue is derived from the Investment Banking Advisory segment. Geographically, the maximum revenue is derived from the Americas. | $25 | -- | $870M | $870M | |||||
Oceanpact Servicos Maritimos SA specialized in the management and response to emergency situations occurring in marine and coastal environments. It develops and implements safe, efficient and innovative solutions in the areas of the environment, subsea operations and logistical and engineering support. The company offers services for the study, protection, monitoring and sustainable use of the sea, the coast and marine resources for customers from different sectors of the economy, such as oil and gas, energy, mining, telecommunications, port, navigation, tourism, fishing and aquaculture. | $2 | +19% | $788M | $1.1B | |||||
Vector Inc is a Japanese-based company involved in four main businesses which are public relation (PR), Digital PR, Facebook marketing and Facebook marketing business. The company provides various services as per the requirements of companies and consumers. In addition, it also offers other services covering areas such as management, finance, accounting, human resources, administration, internal controls, and audits. | $13 | +79% | $617M | $551M | |||||
Bouvet ASA is a consultancy company that provides advice in the field of information technology and digital communication. It helps enterprises shape digital solutions that create efficiency and new business opportunities. The company caters to both private and public-sector players. Some of the business sectors that it caters to include Power supply, Industry, Oil and gas, Public admin, Transportation, Retail, Information and communication, Service industry, and Health. The company's geographical segments are Norway, Sweden, and other countries, of which the vast majority of its revenue comes from Norway. | $6 | -2% | $600M | $618M | |||||
Alexander Forbes Group Holdings Ltd is a South Africa-based diversified financial services company. The company operates through seven segments: Retirement consulting, Healthcare consulting, Investments, Individual consulting, Multinational consulting, Solutions & Enablement, and Client Services & Business Optimization. Its services include Retirement consulting, Investments, Healthcare, Preservation funds, and Others. The company also offers online services. | $0 | -8% | $582M | - | |||||
GlobalData PLC is a UK-based data analyzing and publishing company. The firm conducts industry analysis and research reports and also provides forecasts to help its clients make informed decisions. The company has spread across the Asia Pacific, EMEA, Latin and North America serving clients from the consumer, information communications technology, and healthcare markets. The Group operates within two segment, Data Analytics: Healthcare, and insights: Non-Healthcare. Company operates in Uk, Europe, USA, Asia Pacific, Middle East and North Africa, and Others. Majority of revenue is from USA. | $1 | -45% | $564M | $801M | |||||
SBC Medical Group Holdings Inc is a management company that provides management services to cosmetic treatment centers mainly in Japan. It is focused on providing comprehensive management services to franchisee clinics, including but not limited to advertising and marketing needs across various platforms (such as social media networks), staff management (such as recruitment and training), booking reservations for franchisee clinic customers, assistance with franchisee employee housing rentals and facility rentals, construction and design of franchisee clinics, medical equipment and medical consumables procurement (resale). Company provide management services to a total of One hundred fifty eight franchisee treatment centers under the brand name Shonan Beauty Clinic located in Japan. | $5 | +48% | $543M | $422M | |||||
Tangen Industrikapital AB is a Swedish industrial group that owns and develops niche, mid-sized companies in the Nordic region. The company's three business areas are: i) Regulatory Expertise, which provides products and services for regulated and compliance-related applications; ii) Service Solutions, which provides technical and aftermarket services to professional customers; and iii) Industrial Technology, which provides industrial products, solutions, and related aftermarket services. The majority of the company's revenue is derived from the Regulatory Expertise segment. Geographically, the maximum revenue is generated from Sweden, followed by Norway, Finland, Other EU countries, and Other countries outside EU. | $9 | -- | $508M | $493M | |||||
Happiest Minds Technologies Ltd is an information technology (IT) company intended to deliver seamless customer experiences, business efficiency, and actionable insights to users. The company leverages a spectrum of disruptive technologies like artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/augmented reality, and more, enabling users in industry sectors like automotive, banking, financial services and insurance (BFSI), consumer packaged goods, e-commerce, edutech, engineering research and development (R&D), hi-tech, manufacturing, retail, and travel/transportation/hospitality to undergo digital transformation. Geographically, the company generates its key revenue from the United States of America. | $3 | -44% | $471M | $448M | |||||
Mastek Ltd is a provider of vertically-focused enterprise technology solutions. The company's offering portfolio consists of information technology consulting, application maintenance, application development, application management outsourcing, testing, data warehousing, business intelligence, and application security. It also focuses on agile consulting, legacy modernisation, Oracle Cloud, Oracle ERP Cloud, product-as-a-service solutions and machine learning, and digital e-commerce. Geographically the company exports its services to the United Kingdom, North America, the Middle East, and Other regions. The United Kingdom region generates maximum revenue for the company. | $15 | -39% | $466M | $407M | |||||
BTS Group AB is a professional services firm. The group helps companies and leaders at all levels to help them make decisions, go from decision to action, and deliver desired results. Its services include Strategy execution & business transformation, Leadership readiness & development, Go to market, Talent acquisition & succession, leadership development, business acumen, development of sales organizations, coaching, and digital services. It operates globally and has customers such as Salesforce, SAP, Abbott, Tetra Pak, EY, Vale, and BHP. The company's geographical segments include North America, Europe, Other Markets, and Advantage Performance Group (APG). | $23 | +66% | $455M | $474M | |||||
TKP Corp is a Japan based real estate company. It offers conference rooms and banquet halls on a rental basis. The company is also intended to provide in-house production of services associated with conferences such as food and beverage catering, hotels and resorts, call center, and BPO among other services. | $12 | -- | $449M | $788M | |||||
YouGov PLC is a market research agency company. Its suite of products consists of YouGov BrandIndex, YouGov Reports, and YouGov Profiles. Other services offered are YouGov Omnibus service and custom research by sector specialists. Segments in which the company operates include Data Products, Data Services and CPS. Revenues are generated from market research services, syndicated services, non-syndicated services, and media buying. Geographically, it derives a majority of its revenue from EMEA and also has its presence in the UK, Americas, and Asia Pacific. | $4 | +6% | $426M | $641M | |||||
Enento Group PLC is a Finland-based company that acts as a provider of business and consumer information services. It provides products and services for risk management, finance and administration, decision-making, and sales and marketing purposes. In addition, it also provides electronic and website services and company and personal information services accessible to all. It serves customers in finance and banking, wholesale and retail sectors, utilities, and small and medium-sized companies and consumers. | $18 | +4% | $418M | $562M | |||||
FRP Advisory Group PLC is a professional services firm offering advisory services to companies, lenders, investors, and other stakeholders, as well as individuals. The company's services include Restructuring advisory; Corporate finance; Debt advisory; Forensic services; and Pension advisory. The group's revenue is derived from the provision of specialist business and advisory services. It advises across multiple sectors and all business sizes, principally servicing smaller and mid-market companies. | $2 | -12% | $410M | $389M | |||||
SRA Holdings Inc is an information technology services provider. The company operates through three business areas: systems development, operation/administration services and product solutions marketing. The systems development includes financial IT services, embedded IT services, academic IT services, business systems development and infrastructure development. The operation/administration services include outsourcing services, infrastructure operation services and system operation services. The product solutions marketing includes cloud security, open source software, and development support. The company has an operational presence across Europe, India, China, and Singapore. | $30 | -10% | $407M | $273M | |||||
Roma Green Finance Ltd is principally engaged in the provision of ESG, corporate governance and risk management as well as sustainability and climate change-related advisory services. The company works closely with its clients to help them understand, identify, manage, and overcome various business matters arising from such factors related to ESG, sustainability and climate change. Geographically, the company generates its revenue from Hong Kong and Singapore. | $6 | +136% | $383M | $382M | |||||
Rejlers AB offers technical consulting services. The company offers services to customers in the areas of buildings and properties, energy, industry, and infrastructure. Rejlers' operations are divided into three segments: Rejlers Sweden, Rejlers Finland, and Rejlers Norway. Rejlers consultancy services include project management, project engineering, programming, design, and commissioning. It derives maximum revenue from Rejlers Sweden segment. | $15 | -31% | $346M | $453M | |||||
Softcreate Holdings Corp is engaged in the provision of various e-commerce and integrated information technology (IT) solutions for its clients. The Group operates in the following reporting segments: EC Solutions Business and IT Solutions Business. Maximum revenue is derived from the EC Solutions Business, which delivers end-to-end e-commerce solutions, including the sale and customization of its ecbeing e-commerce platform, along with hosting services through its data center. This business also offers value-added services such as SEO optimization, digital marketing, and promotional support. The IT Solutions Business sells software products developed by the Group (such as X-point Cloud, AgileWorks, and L2Blocker), and also offers network construction services. | $13 | -4% | $338M | $261M | |||||
Elixirr International PLC is a provider of management consultancy services. The company is principally engaged in the provision of consulting services, delivering original and bespoke solutions to a globally-recognised client base, including creative, marketing and transformation services. These challenges include future proofing against technological disruption development and roll-out of new products, services and businesses navigating a more complex and multinational regulatory environment; and project management and implementation of change programs. It has worked with over one hundred fifty clients across twenty five countries spanning Europe, North America, Africa, Asia and Australia, with offices in the UK and permanent presence (and employees) in the United States and South Africa. | $7 | -36% | $333M | $415M | |||||
The Hackett Group Inc is an IP platform-based Generative Artificial Intelligence (Gen AI) strategic consulting and executive advisory digital transformation firm. The Hackett Group provides dedicated expertise in Gen AI-enabled enterprise transformation services across the front, mid and back office areas, including its highly recognized Oracle, SAP, OneStream and Coupa implementation offerings. It operates in three segments Oracle Solutions, SAP Solutions, and Global S&BT. It generates the majority of its revenue from the Global S&BT segment in the United States. | $13 | -31% | $319M | $388M | |||||
Science Group PLC provides outsourced science and technology-based consultancy, advisory, and product development services to a wide range of industries and markets. It operates in the Services segment, which comprises five consultancy Practises under the Sagentia brand: Medical, Innovation Regulatory, Defence, and Aviation. The Systems segments comprise two businesses: Critical Maritime Systems & Support (CMS2), which designs, manufactures and supports submarine atmosphere systems for the defence sector; and Frontier Smart Technologies Limited (Frontier), which designs and supplies radio and audio semi-conductors/modules. Its geographical segments are the UK, Other European Countries, North America, Asia, and Other, of which the majority of its revenue comes from the United Kingdom. | $8 | +7% | $305M | $230M | |||||
Public Policy Holding Co Inc operates as a advisory firm. The company also operates a portfolio of independent firms that offer public affairs, crisis management, lobbying, and advocacy services on behalf of the corporate, trade association, and non-profit client organisations. | $10 | -33% | $305M | $341M | |||||
Information Services Group Inc is a U.S.-based technology insight, market intelligence, and advisory services firm. It principally offers digital transformation services, such as automation and cloud & data analytics; managed governance; network carrier services; technology plan and operations design; changes management; market intelligence & technology research and analysis. It operates in one segment, fact-based sourcing advisory services. Its geographical segments are the Americas, Europe, and Asia-pacific, out of which maximum revenue is derived from Americas. | $6 | +13% | $295M | $339M | |||||
Novetum AG provides various financial and capital markets consultancy services, primarily related to structuring, organization, and implementation of financing. It offers equity financing, debt financing, and hybrid financing, such as convertible bonds; and strategy and business development advisory services. The company primarily operates in Germany. | $46 | +38% | $286M | $286M | |||||
Polaris Holdings Co Ltd is a Japan-based company. It has two business segments. The Real Estate segment is involved in the leasing, buying, selling, and development of real estate; The Hotel segment deals with hotel management, consulting, and franchising. Some of its hotels include Best Western Hotels, Value The Hotel, Kinuura Grand Hotel, and KOKO Hotels. | $1 | +2% | $282M | $422M | |||||
Avant Group Corp Develops, sells, and maintains software to help customers make timely and appropriate management decisions and promote management reforms based on a variety of information, both financial and non-financial, and provides software-based consulting and BPO services, thereby contributing to DX of Management. | $8 | -32% | $271M | $187M | |||||
Begbies Traynor Group PLC is a professional services consultancy. It provides insolvency, restructuring, and consultancy services to businesses, professional advisors, and financial institutions. It provides professional services, such as business rescue options, advisory options, forensic accounting and investigations, corporate and commercial finance, personal insolvency solutions, and services to banking, legal, and accounting sectors. The company is managed as two operating segments: business recovery and advisory, and property advisory. The group generates the majority of its revenue from business recovery and advisory services. The group's principal operations and markets are in the UK. | $2 | +0% | $244M | $265M | |||||
Fintel PLC is engaged in UK retail financial services in the provision of financial data and intelligence embedded in digital technologies. The company's principal activity is the provision of Fintech and support services to the UK retail financial services sector. The company's segment includes Intermediary Services; Distribution Channels and Fintech and Research. It generates maximum revenue from the Intermediary Services segment. Intermediary Services provides compliance and regulation services to individual financial intermediary Member Firms, including directly authorized IFAs, directly authorized mortgage advisers, workplace consultants and directly authorized wealth managers. | $2 | -23% | $226M | $278M | |||||
CAC Holdings Corp is a Japan-based Information technology (IT) services, provider. The company is mainly engaged in systems development and systems operation. The company also provides outsourcing services, mainly in the field of Contract Research Organization (CRO) services. Other services offered by the company include systems consulting services, systems integration services, systems development services, systems maintenance services, Business process outsourcing (BPO) services, systems operation services, data center services, help desk services, desktop services, information processing services and software/hardware marketing. | $13 | -6% | $217M | $156M | |||||
Forrester Research Inc provides independent research, data, and advisory services. It operates through the following segments: The Research segment develops and delivers research, connect, and analytics products; The consulting segment includes the revenues and the related costs of the company's consulting organization, and the Events segment is engaged in developing and hosting in-person and virtual events. | $11 | +53% | $210M | $92M | |||||
One Point One Solutions Ltd provides a comprehensive suite of services, strategically categorised to highlight expertise across various industries and functional areas, all underpinned by robust technological capabilities. The company serve a diverse range of sectors, including Banking & Finance, Telecom, Insurance, Airline, Consumer Durables, FMCG, Retail, E-Commerce, Travel, and Hospitality, leveraging specialised knowledge to deliver tailored solutions. It includes Security & Compliance Solutions, IT Infrastructure Services, and Omni-Channel Solutions. Banking & Financial Services (BFS), Healthcare, Communications, Media & Technology, Retail, and Utilities. | $1 | +29% | $201M | $219M | |||||
Appen Ltd is engaged in the provision of quality data solutions and services for machine learning and artificial intelligence applications for technology companies, auto manufacturers, government agencies among others. The company's business segments are Appen Global and Appen China. It generates maximum revenue from the Appen Global segment which represents all operations outside of the China Group. The Appen China segment represents the China Group operations and includes Japan and Korea. Geographically, it derives a majority of its revenue from the United States of America, and has its presence in China, Australia and Others. | $1 | +59% | $199M | $161M | |||||
ATIF Holdings Ltd is a consulting company. It provides financial consulting services to small and medium-sized enterprises. It operates in one operating segment, which is the consulting service business. The company prominently generated revenues from consulting services to its clients. Geographically, the maximum revenue is derived from Hong Kong. | $7 | +671% | $156M | $155M | |||||
Optimus Group Co Ltd is a Japan-based company, engages in the automotive dealership business. It operates through the following business divisions: Trading, distribution, financial service, and Inspection. The Trading division is engaged in the purchase and sales of used cars. The Logistics division is engaged in the provision of logistics services. The Services division is engaged in the provision of services to the dealers in New Zealand and general customers. The Inspection divisions are engaged in the inspection business related to the export of used cars. | $2 | -- | $145M | $1B | |||||
Keyrus is a France-based company engaged in consulting and performance management technologies. It offers consultancy services for Strategy & Transformation, Management & Organization, Digital strategies, and Performance Management. | $9 | -14% | $138M | $216M | |||||
Tanabe Consulting Group Co Ltd is a management consulting firm that provides strategic consulting and management consulting. | $4 | -6% | $135M | $101M | |||||
Expleo Solutions Ltd is an India-based holding company. It is engaged in providing software testing services. The company delivers software validation and verification services to the banking and financial services industry around the world. It offers its services to various industries, including banking, finance, and insurance; energy and utilities; automotive and manufacturing; retail and logistics, and telecommunications. The services offered by the company consist of Management Consultancy, Quality Management, Technical Testing Services and Training services. | $8 | -32% | $131M | $95M | |||||
TPXimpact Holdings PLC is in the provision of digitally native technology services to clients within the commercial, government and non-government organisation (NGO) sectors. The company has three segments Digital Transformation, Manifesto, and Keep IT Simple (KITS). The company generates majority of revenue from Digital Transformation segment. It has presence in UK, United States, Switzerland, and Other. The company generates majority of revenue from United Kingdom. | $1 | +571% | $130M | $136M | |||||
Tiny Ltd operates as a technology holding company which acquires majority stakes in businesses. Its investments are predominantly internet and technology-focused, but it also owns businesses in other industries. The company's reportable segments are; Digital Services, Creative Platform, Software, and Apps. Geographically, it generates key revenue from the United States followed by Europe, Asia, Canada, Australasia, and other regions. | $4 | -- | $127M | $239M | |||||
Business Online PCL is a service provider and developer of local and world-wide financial information systems. It also has an online and offline business information service provider as well as consulting service and database management. The company solution includes Corpus X, Xignal, Matchlink, Dun and Bradstreet, and Debtline. | $0 | -7% | $121M | $114M | |||||
Saudi Networkers Services Co provides implementing, establishing, maintaining, operating, installing, and managing telecommunication networks. The Company is also involved in providing consulting, technical, administrative, marketing, customer care services, and technical support for sales centers. Its geographic segments are the Kingdom of Saudi Arabia and Algeria. | $16 | -2% | $119M | $113M | |||||
Alan Allman Associates coaches the ecosystem's companies (mostly consulting firms) helping them to define the key milestones of sustainable growth and supports the management in the daily development of each company and the back-office operations. Its firms operate in various fields such as digital transformation, process management, cybersecurity, market finance, and others. Its operating segments comprise Europe, Asia, and North America. The Europe segment generates the majority of the revenue, which includes high-tech consulting, industrial transformation consulting, digital marketing consulting, and management consulting. | $2 | -42% | $100M | $289M | |||||
Bluebik Group PCL is principally engaged in service provider for software design and development, management strategies consulting, strategic project management office (PMO), big data implementation and data analytic. The company's segments include Management Consulting, Digital Excellence and Delivery, Strategic Project Management Office and Big Data and Advanced Analytics. The majority of the company's revenue is derived from the Digital Excellence and Delivery segment. Geographically, it generates the maximum revenue from Thailand. | $0 | +3% | $100M | $83M | |||||
Axon Partners Group is a Madrid-based group combining technology-focused investment management and strategic consulting, listed on the BME Growth market since July 2022 under the ticker APG. It was founded in 2006 by Francisco Velázquez, who chairs it, and has about 100 professionals covering Europe, the Americas and MENA. The investment division runs growth equity, ClimaTech and fund-of-venture-capital-funds strategies plus corporate venture capital, financing technology companies from seed to pre-IPO; recent holdings include Erco, Alia Mentis and Skeleton Technologies. The consulting division advises corporations and governments on strategy, regulation and digital economy policy in more than 60 countries. Revenue comes from these two business lines, consulting work and the management of investment funds. At its listing the company was valued at about EUR 101 million, and Velázquez, Alfonso de León and Dimitri Kallinis are the managing partners. | $19 | +8% | $99M | $95M | |||||
Braemar PLC provides advice in investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in shipping and energy industry. The company's operating segment are, Chartering, Investment Advisory and Risk Advisory. The majority of the revenue for the company is generated from its Chartering business segment under which it provides cost-saving solutions that create and protect the deals for their clients. Geographically, the company has its presence in United Kingdom, Singapore, Australia, Switzerland, United States, Germany and Rest of the world. A substantial part of its overall revenue is generated from its business in United Kingdom. | $3 | +5% | $98M | $113M | |||||
Woongjin Co Ltd is specialized in information technology (IT) and business shared service. Its service offerings include IT consulting, system integration, IT outsourcing business shared service, IT solution, and digital signage. | $1 | -32% | $96M | $677M | |||||
Llorente Y Cuenca SA is a global communications and public affairs consulting firm. It helps clients make strategic decisions and execute them so that they can achieve their business goals, defend their social license to operate, and increase their prestige. | -- | -- | $95M | $92M | |||||
Resources Connection Inc provides consulting and business initiative support services predominantly through its operative subsidiary, Resources Global Professionals. It has two segments RGP ( Resources Global Professionals.) and Sitrick. The RGP segment is focused on delivering consulting services catering to its client's operational needs and change initiatives utilizing a combination of bench and on-demand, talent. The Sitrick segment provides corporate, financial, transactional, and crisis communication and management services. The company generates a majority of its revenue from the RGP segment. Geographically, it derives its key revenue from North America and the rest from Europe and the Asia Pacific region. | $3 | -45% | $92M | $54M | |||||
Tecno is an Italian benefit company based in Naples, founded in 1999 by Giovanni Lombardi, that sells digital and sustainability transformation services to small and medium-sized businesses. Its SustainTech offer combines sustainability consulting, ESG reporting, energy management, and software for what the group calls the twin transition. It serves more than 4,000 client companies, most of them SMEs. The group has grown through acquisitions of consultancies in sustainability and energy efficiency, among them Ergo, Energika and Energon Trade. Tecno listed on Euronext Growth Milan on 16 July 2025 under the ticker TCG, raising about EUR 11 million in a capital increase, with Alkemia SGR taking 13% of the post-IPO capital. Its pro-forma value of production was EUR 26.4 million in 2024. | $6 | +45% | $83M | $80M | |||||
FCE Inc is engaged in the managing a group of companies that offer services in industries such as education, training, digital transformation, and related operations. It has business segments such as DX Promotion Business, Education and Training Business, and Publishing Business. | $3 | -22% | $77M | $55M | |||||
Circlace is a Japanese digital transformation consulting company headquartered in Tokyo and listed on the Tokyo Stock Exchange Growth Market. It began as the Salesforce support division of the staffing group Pasona and became independent as Pasona Tquila in 2012, adopting the Circlace name in 2020. Its consulting business covers business design, system construction, data utilisation, organisational reform and human resource development, with a focus on Salesforce implementations for large Japanese and multinational clients. It also operates AoraNow, a digital communication platform, and AGAVE, a service for managing human resources tasks of expatriate employees. The company earns revenue mainly from project-based consulting fees, supported by subscription fees for its own software services, and has recently added AI adoption support to its offering. | $13 | -- | $56M | $56M | |||||
Promotica is an Italian loyalty and promotional marketing agency based in Desenzano del Garda, founded in 2003 by Diego Toscani. It plans and runs loyalty programmes such as reward catalogues, collectibles and prize contests, and handles campaign design, reward sourcing, logistics and results measurement. The company says it has managed more than 2,000 loyalty programmes and operates a logistics platform with 40,000 pallet places. Its clients are mainly supermarket and retail chains. Promotica has been listed on Euronext Growth Milan since 27 November 2020. It closed 2025 with consolidated revenue of EUR 137.4 million and EBITDA of EUR 10.3 million. The group includes Grani & Partners, which it fully owns since October 2025, and Mercati, acquired in 2022. | $3 | +38% | $55M | $68M | |||||
Christie Group PLC offers a portfolio of professional business services for the leisure, healthcare, education, retail and care sectors. The business of the group is operated through three segments namely Professional & Financial Services (PFS) and Stock & Inventory Systems & Services (SISS) and other. The Professional & Financial Services segment covers business valuation, consultancy & agency, business mortgages & insurance services and business appraisal and the Stock and Inventory Systems and Service segment cover stock audit and counting, compliance, inventory preparation and valuation, hospitality, and software. The company derives maximum revenue from the Professional Financial Services segment. | $2 | +61% | $53M | $53M | |||||
Tam Development Co is engaged in the activities of advertising, public relations, communications, activities of business incubators and accelerators, marketing services for third parties, market research, opinion polls, and management consulting services. It generates the majority of its revenue from consulting services. | $13 | -46% | $44M | $40M | |||||
VisasQ Inc manages a professional knowledge-sharing platform, Visask. The company, through its platform, provides consulting services for new business development and organizational development. Its clients include top enterprises, consulting firms, and financial institutions. | $5 | +48% | $43M | $26M | |||||
Dev Accelerator Ltd is one of the flex space operators. Its comprehensive office space solutions include sourcing office spaces, customizing designs, developing spaces and providing technology solutions to providing complete asset management. Its clientele comprises of large corporates, MNCs and SMEs, to whom the company offers a variety of flexible office space solutions such as managed office spaces and coworking spaces as well as design and execution services through its Subsidiary. The flexible workspace solutions provided by the company at its Centers are divided in the following segments: Managed office spaces, Coworking spaces, Design and execution services, Payroll management services, Facility management services, and IT/ITes services. | $0 | -- | $42M | $75M | |||||
Scala Inc is engaged in development, sales, and maintenance of SaaS and ASP related business software products. The company offers web services that supports corporate sites and EC sites using automatic voice response technologies. | $2 | -21% | $35M | $34M | |||||
PRAP Japan is an independent public relations consultancy headquartered in Tokyo and listed on the Tokyo Stock Exchange. Founded in 1970, it is one of the oldest integrated PR firms in Japan. It designs and runs strategic communications programmes for domestic and foreign companies, covering corporate and brand positioning, media relations, issues and crisis communication, event communications, sustainability and ESG communication, IPO communication, overseas and outbound PR, and measurement of communications results. It works mostly on annual retainer contracts and deals directly with clients rather than through advertising agencies, with a roughly even split between Japanese and foreign clients across technology, healthcare, mobility, real estate, public sector and culture. The group has consolidated subsidiaries in consulting and agency services and offices in Tokyo, Sapporo, China, Singapore, Vietnam and Thailand. It earns revenue from consulting and project fees. | $7 | -- | $32M | $5M | |||||
Synertec Corp Ltd is a technology and engineering company enabling a low carbon future through sustainable solutions. Commercialising scalable, environmentally friendly and energy efficient technology for world-wide markets in energy, critical infrastructure and manufacturing through partnerships with a portfolio of blue-chip customers, It is proactively participating in the world's transition to a low carbon economy in a practical way for the benefit of future generations. The group is structured into two principal segments: Engineering Solutions (Engineering) and Technology and Future Business (Technology). Majority of revenue comes from Engineering segment. Its services are Automation, Electrical & Instrumentation, Process & Mechanical, Systems, Validation, Functional Safety, etc. | $0 | +230% | $32M | $36M | |||||
Aeries Technology Inc is a professional and management services partner offering a range of management consultancy services for private equity sponsors and their portfolio companies with engagement models that are designed to provide a mix of deep vertical specialty, functional expertise, and digital systems and solutions to scale, optimize and transform a client’s business operations. It supports and drives its client’s growth across the globe by providing a range of management consultancy services involving professional advisory services and operations management services to build and manage dedicated delivery centers in appropriate locations based on customer business needs. | $6 | +32% | $32M | $38M | |||||
Bridge International Group is a Tokyo-based provider of sales and marketing support services to business-to-business companies, listed on the Tokyo Stock Exchange under code 7039. Founded in January 2002 in Setagaya, Tokyo, it began as an inside sales outsourcing firm, adapting the remote sales model of global IT companies to Japanese practice, and has been a Salesforce partner since 2005. The group works through four businesses: inside sales outsourcing, sold under monthly fixed-fee contracts and staffed by more than 500 inside sales specialists; process and technology, covering revenue-process consulting, sales and marketing technology selection and implementation and AI services; corporate training through subsidiary i-Learning, which develops digital and business skills; and AI and digital transformation. It runs offices across Japan and a Malaysian subsidiary, Bridge International Asia, serving Japanese companies in ASEAN markets. The company listed in October 2018, moved to a holding company structure under its current name in October 2025 and had 722 consolidated employees at the end of 2025. In October 2026 it formed a business alliance with Kyoto-based go-to-market and marketing firm 01GROWTH that includes a partial capital participation. | $9 | -- | $30M | $20M | |||||
European Innovation Solutions SA is engaged in the provision of consultancy services on innovation and technology. The company's services include socio-economic & regional development, Information & communication technology, Business & SME development, Energy & Environment, Government & Society and Project & Programme Management. | $2 | -6% | $30M | $33M | |||||
Avilen Inc is engaged in the AI solution business including the provision of AI software and build-up packages. It is also a Provider of artificial intelligence technology services intended to support businesses through development and education. | $5 | -39% | $29M | $28M | |||||
Monstarlab is a technology-consulting company founded in 2006 and based in Japan. Monstarlab provides DX-focused consulting services and products, from strategy formulation to design, development, improvement, and operation, in 20 countries and regions and 33 cities (Japan, China, Southeast Asia, Europe, Middle East, Northand South America / expansion through M&A). Offers comprehensive support for DX issues to companiesand organizations in a wide range of industries, including business design/planning, UX/UI design, branding, system/application development, and growth hacking. The company serves business and institutional customers through products and services in the technology-consulting market. Its commercial model is built primarily on contracted services, reflecting the way customers obtain and use its offering. JIC Venture Growth Investments classifies the business in its IPO portfolio and records December 2020 for the company. The company maintains its operating website at monstar-lab.com, while JIC VGI's portfolio materials preserve the public record of the investment relationship. | $0 | -68% | $27M | $41M | |||||
Amanet Management & Systems Ltd operates as a multi disciplinary service and consultancy provider. Its business activities include consulting, engineering, logistics and outsourcing, IT and software and development of large businesses in Israel & abroad. It has customer base in all segments of the industry such as defense, government, public institutions, commerce and services, construction, business field and others. | $4 | -- | $25M | $15M | |||||
| Median | $9 | 0% | $395M | $422M | 1.4x | 8.7x |
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