Arlingclose Limited acquires Sterling Consultancy Services

Arlingclose Limited has today announced its acquisition of Sterling Consultancy Services. The value of the deal was not disclosed.

Commenting on the acquisition, Mark Pickering, Director of Arlingclose Limited, said:

“It is essential that providers of treasury advice remain responsive to the changing demands of their clients and market conditions. Given the unique set of challenges currently facing the public sector, we believe it is important to re-invest in skills and expertise that extend and enhance the services we provide.

“This deal allows us to further strengthen our resource and ensures that we continue to build upon our proven track record of providing clients with independent and market-leading bespoke advice. This, in turn, ensures that our clients further maximise the use of their resources over the long-term.

“We remain wholeheartedly committed to ensuring our clients receive real value for money by offering access to a full suite of treasury management solutions.”

Under the terms of the agreement, Sterling Consultancy Services’ existing staff and clients will transfer to Arlingclose Limited. Client terms will remain unchanged.

Mark Pickering added: “All clients will continue to be supported by their existing consultants but will benefit from additional resources.”

The acquisition comes less than three months after Arlingclose announced it had hired David Green from Sterling Consultancy Services.