Artemis Origination supported the origination of Oliver Wyman’s acquisition of US-based Veritas Total Solutions, a commodity trading advisory firm with deep technical expertise in risk, systems, analytics, and AI.

Artemis Origination is pleased to announce its buyside M&A origination support for leading global management consulting firm Oliver Wyman on its acquisition of Veritas Total Solutions. The combination will allow the combined firms to provide an unparalleled level of trading optimization expertise to commodity trading businesses.

Global leader in management consulting

Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has 7,000 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a business of Marsh McLennan [NYSE: MMC].

Energy industry-focused full-service management consulting firm

Founded in 2011, Veritas provides management consulting services to energy clients in the areas of upstream, midstream, and downstream, as well as supply and trading. The firm provides services in commodity trading and risk management (CTRM) software, strategy and transformation, trading and risk advisory, digital technology, ESG advisory, and managed services.

An unparalleled level of trading optimization expertise

“Our shared ‘people first’ approach attracted us to Veritas,” said Mark Pellerin, global head of the energy and natural resources practice at Oliver Wyman. “Their entrepreneurialism, depth of expertise in commodity markets, and track record of delivering client impact make the firm a significant addition to our business.”

Artemis Origination

Regarding Artemis’ role in the transaction, Pellerin goes on: “We were seeking consulting experts that have deep expertise in commodities markets and systems implementation. Against this backdrop, Artemis helped identify, contextualize and then engage Veritas. Artemis’ sector insight, market connectivity and incorrigible commitment were the early enablers of this outstanding transaction outcome.”

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