Ernst & Young (EY), through EY Business Solutions, has announced the acquisition of Australia-based management consulting firm Bridge Business Consulting for an undisclosed price.

Bridge Business Consulting offers services that are said to cover the entire data and analytics value chain. These include data engineering, analytics, data strategy, artificial intelligence (AI), and data management.

Bridge Business Consulting managing partner and co-founder Robert Mazevski said: “This is a great opportunity for us to continue to build our firm into an even stronger proposition for our people and our clients. We will be able to help accelerate our growth and fast track our strategy as part of EY Business Solutions in the Asia-Pacific region.

“Our team is excited about the scale and range of opportunities that they will have access to by being a part of EY where the connections across the globe will open up even more interesting and challenging client engagements for us.”

Through the acquisition, EY expects to strengthen its data and analytics strategies and solutions for clients across various industries.

The sectors for which EY provides solutions include asset and wealth management, insurance, retail, banking, entertainment and media, healthcare, superannuation, energy, telecommunications, travel and transportation and utilities.

EY Asia-Pacific region data and analytics practice managing partner Cameron Wall said: “The acquisition of Bridge further bolsters our ability to support EY clients to transform their businesses through data and analytics, alongside EY’s successful and well-respected Data & Analytics practice.

“Bridge aren’t strangers to us – we’ve worked together over the years and seeing them in action and the similarity in our approach to clients and the way we work gives us a lot of confidence that we will make a great team.

“Bridge has a successful track record of helping clients across consumer, retail, financial services, utilities, and telecommunications industries achieve business growth, and will bring a talented team and library of knowledge assets to enhance our technology consulting services.”

Following the acquisition, Mazevski and another managing partner of Bridge Business Consulting, John Desmond will join Ernst & Young Australia as partners.