on WAVESTONE (EPA:WAVE)
Wavestone acquires Sand Cherry to strengthen its presence in the United States
Wavestone has announced the acquisition of Sand Cherry, a US consulting firm specializing in business transformations. Based in Denver, Sand Cherry supports large companies, particularly in the TMT and energy sectors. The acquisition, part of the Lead the Shift strategic plan, aims to strengthen Wavestone's position in the United States, a priority market until 2030.
Sand Cherry, with approximately 130 employees, has generated average annual growth of over 15% in recent years. Its projected revenue for 2026 is approximately $31.5 million. This transaction will bring Wavestone's pro forma revenue in North America to approximately $120 million, further solidifying its position in key sectors.
R. P.
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