Merger and Acquisitions News

Euroconsult and SpaceTec Partners merge to form Novaspace

Novaspace provides comprehensive, integrated service offerings to meet the evolving needs of the global space sector, offering strategic and technical perspectives for decision-makers in both private and public entities.

Euroconsult and SpaceTec Partners, two leading space consulting firms, have announced their merger after three years of successful collaboration. This union creates Novaspace, a dominant force in professional services tailored to the space industry.

Euroconsult, renowned for its 40-year history in consulting, market intelligence, and executive summits, joins hands with SpaceTec Partners, bringing over two decades of expertise in management consulting, strategy, and market development.

Novaspace offers a wide range of integrated services to address the evolving needs of the global space sector, catering to decision-makers in both private and public organisations.

With offices strategically located in ten locations and a diverse team of 130 professionals from 25 countries, Novaspace has the ability to meet local demands and assist stakeholders worldwide. This extensive reach and expertise are underpinned by six seasoned Partners and a dynamic leadership team, fostering a culture of diversity and innovation.

The combined Novaspace remains privately owned and fully independent, ensuring the continuity of the legacy while fostering an environment of innovation.

Speaking about the merger, Pacôme Révillon, CEO of Euroconsult and now CEO of Novaspace, said: “This merger marks a significant milestone in our journey. By combining Euroconsult’s strategic vision with SpaceTec Partners’ management consulting heritage, we have a unique value proposition for the space sector.”

Rainer Horn, Carla Filotico, and Thomas Tanghe, Partners and Managing Directors of SpaceTec Partners and now of Novaspace, added: “Joining forces with Euroconsult opens new horizons for us. Together, we are set to offer unparalleled value to our clients, merging strategic consulting with technical acumen and embracing innovative tools for stakeholder engagement, ensuring a comprehensive and forward-thinking approach.”

Euroconsult was advised on this transaction by Vaughan Avocats (corporate), Concorde (finance) and Lacombe Avocats (tax). SpaceTec Partners was advised by Delsol Avocats (corporate) and In Extenso (finance).