Barnett Waddingham (BW) has acquired specialist consultancy Risk Evolves in a strategic move aimed at accelerating its growth within the UK professional services sector.
The acquisition enhances BW’s capabilities in key advisory areas including cyber security, data privacy, environmental, social and governance (ESG), and regulatory compliance. It also builds on a longstanding relationship between the two firms, who have previously collaborated on several high-profile risk management projects.
As part of the integration, a seven-member team from Risk Evolves will join BW, bringing additional expertise to the firm’s advisory offering.
“Risk Evolves has been a trusted partner for several years, and this move formalises and deepens that relationship,” a BW spokesperson said. “Clients will benefit from continuity of service alongside our combined, award-winning expertise.”
Commenting on the acquisition, a representative from Risk Evolves added: “What attracted us to BW was the strong alignment of our values. We both prioritise client-centric service, integrity, and a shared commitment to helping organisations build resilience. We’re proud to be joining the business and look forward to this next chapter.”
