The AI consulting market is entering a new phase of consolidation in Europe. French firm Singulier and Germany's Ommax have announced their coming together to create a pan-European platform specializing in supporting companies on digital transformation, data and AI.
The deal creates a group of more than 400 employees spread across Paris, Munich, Berlin, Hamburg, London, Amsterdam and Milan — key European hubs for private equity and major international corporations. The combined entity reports revenues of between €80 and €100 million and plans to triple that figure over the next five years.
"Ommax has a DNA very close to our own. We got to know each other naturally through deal flow, sometimes going head-to-head on private equity transactions," explains Mathieu Ferel, co-founder of Singulier. "Very quickly, we realized that our geographical footprints and areas of expertise were highly complementary."
A European consolidation of AI consulting
Founded in Munich in 2011, Ommax has expanded across Germany, the United Kingdom, the Netherlands and Italy around digital transformation, data and artificial intelligence. The firm claims organic growth of around 40% per year over the past decade and counts clients such as Siemens, Chanel, Lufthansa and FC Bayern München AG, as well as several international investment funds.
Singulier, for its part, was founded in Paris in 2017 by Mathieu Ferel and Rémi Pesseguier, and has established itself as a go-to partner for private equity funds and their portfolio companies, with clients including Ardian, Bridgepoint, PAI Partners and CMA CGM. The firm raised €5 million in late 2023 from Founders Future and MACSF to accelerate its international development.
The tie-up comes at a time when large corporations and funds are now seeking to industrialize their use of AI, moving beyond simple pilot projects. Companies are increasingly asking their consulting firms to roll out AI strategies at a European scale, combining expertise in technology, data and operational transformation.
"In our industry, mergers often fail for cultural reasons. But in our case, we had very similar approaches and almost perfectly complementary geographic footprints," adds Mathieu Ferel.
Accelerating on AI and data
The new entity intends to step up its support for executives on artificial intelligence and data challenges. It already has around 120 consultants specializing in these areas and aims to help companies move from proof of concept to large-scale deployments capable of generating measurable operational gains.
On the capital side, the transaction is structured as part of the LBO led by Eurazeo, which acquired a stake in Ommax in July 2025 to support its international expansion. The founders of both firms remain at the helm of the combined group. Founders Future, meanwhile, is exiting Singulier but reinvesting in the new structure. "We all remain entrepreneurs and are fully committed to this adventure," concludes Mathieu Ferel.
