New York, June 11^th, 2025: Alpha Financial Markets Consulting (“Alpha”), a leading global provider of specialist consulting services to the financial services industry, has entered into an agreement with the owners to acquire Auxo Solutions (“Auxo”), a leading technology engineering company specializing in modern enterprise solutions, cloud, data and AI for the financial services industry.

Co-founded by Ryan Lemoie and Mike Driesen. Auxo’s proposition combines deep industry expertise with extensive software engineering capabilities. Alpha and Auxo share a combined commitment to client service, delivery quality and unlocking value through technology, cloud, data and AI. Through the acquisition of Auxo, Alpha is deepening its full-service technology capabilities to financial services and insurance clients.

The combination of Alpha and Auxo’s experienced teams and industry expertise, alongside a strong growth vision, is exciting news for clients. Alpha will offer a fully integrated specialist consulting proposition – from delivering corporate strategy, to modernizing and transforming operations, to driving next generation technology innovation and solutions.

Keval Mehta, Global Head of Insurance Technology for Alpha explains “This acquisition marks a significant milestone in our journey. Our clients demand depth of industry knowledge, and tangible ROI for their business transformations. By bringing together our strengths across management and technology consulting, we’re positioned to accelerate innovation with full-scale AI and technology capabilities for our clients.”

Ryan Lemoie, Chief Executive Officer of Auxo, mentions “The entire Auxo team is excited to join Alpha.  We believe that combining Alpha’s business and technology consulting expertise and industry depth with Auxo’s leading engineering, platform and systems integration capability represents a true win for our clients and the financial services industry at large.”

Britton Van Dalen, Global Head of Insurance adds “We are delighted that Ryan, Mike and the wider Auxo team will be joining Alpha. The specialist engineering expertise that they bring further strengthens our offering to the insurance and financial services sector and ensures we can help our clients more widely solve some of their greatest challenges.”

Luc Baqué, Chief Executive Officer of Alpha adds “We are excited about the possibilities this acquisition brings to Alpha. Auxo’s world-class engineering capabilities, talent and leadership represent an ideal fit for Alpha’s culture and service model.  Their deep financial services expertise will enable Alpha to deliver leading technology, data and AI solutions at scale to our clients.”

Editors’ notes

The transaction is expected to close in June 2025, subject to customary closing conditions.

About Alpha FMC
Alpha Financial Markets Consulting is a leading global consultancy to the financial services industry. Alpha combines highly specialist sector-focused strategy, management consulting and technology expertise to support the client transformation lifecycle. Founded in 2003, it now has over 1,180 consultants across North America, UK, Europe, MENA and APAC.

Alpha has been supported by investment partner Bridgepoint, one of the world’s leading quoted private asset growth investors, since 2024.

To learn more, visit: www.alphafmc.com