Teamwill said the union of the two groups will enable the new entity to accelerate its growth and develop new offers on the international scene. It is aiming for turnover of €100 million and 1,000 employees by 2024, driven by organic growth and through acquisition.

Since 2007, AVANTALION has been assisting major players in the auto finance and mobility industry in their growth and transformation projects in Europe, Asia and the US, deploying extensive project experience and methodological expertise.

Teamwill, which has already integrated four companies in three years, said this merger with one of the leading firms in the field is in line with its growth strategy, and will enable the consulting, integration, managed services and digital solutions specialist to extend the scope of its services internationally. AVANTALION’s strategic presence in Germany reinforces Teamwill’s customer proximity model in Europe and contributes to its links to Asia through their subsidiary in Singapore.

Anis Chakroun, president and founder of Teamwill group (pictured), commented: “We are delighted that AVANTALION has joined our team. This project is part of a clear dynamic for Teamwill and together we have very strong development ambitions in the field of consulting.

Bijan Khashabian, partner at AVANTALION Consulting Group, stated: “Joining Teamwill is an opportunity for us to open up to other sectors, to benefit from their proven expertise in the credit market and to strengthen our consulting know-how. Their solid growth model and our shared vision make us confident in our choice.”