tbh Ventures, the newly formed Glasgow-based investment group, has announced its first acquisition with the purchase of Strategem, one of Scotland’s leading independent management consultancies.
Recognised as Scotland’s experts in business internationalisation, Strategem has been the sole framework holder with Scotland’s national economic development agency, Scottish Enterprise, for more than a decade. It exclusively operates the award-winning ‘Preparing to Export Framework Programme’ which is a Scotland-wide initiative focused on early stage exporting experience and supports over 100 companies per year.
The business has also partnered with Scottish Development International, Glasgow City Council, East Lothian Council, and South of Scotland Enterprise to support hundreds of Scottish businesses across a range of challenges, including leadership, growth, internationalisation and sales.
Since its founding in 1999, Strategem has been led by managing director, John Meiklejohn, who will continue to play an active role in the growth of Strategem as founding consultant, with the full team of ten consulting partners also retained.
John said: “This deal marks a significant milestone for Strategem and ensures continued growth and opportunity for the future of the business. By working closely with tbh Ventures, we will unlock further value and experience for both our clients and our people, building on the strong foundation we’ve created.”
The acquisition of Strategem underscores tbh Ventures’ ambitions for growth and marks a significant milestone for the new firm as it builds its investment portfolio in Scotland.
Dylan Harper, partner at tbh Ventures and incoming CEO at Strategem, said:
“Strategem’s expertise and long-standing impact on Scotland’s business community align closely with our vision to back ambitious companies that have a strong track record and show continued opportunity for growth.
“Our core ethos is to help business owners exit in a way that supports their business and their people, and I look forward to working with John and the team to build on their success.
“Looking ahead at the next phase of Strategem, our focus is on growing the business strategically in Scotland and beyond, helping even more companies achieve international growth.”
