NEW
YORK, Feb. 1, 2024 /PRNewswire/
-- Oliver Wyman, a global leader in management
consulting, and a business of Marsh McLennan (NYSE:MMC) today
announced the completion of its acquisition of SeaTec Consulting
Inc. SeaTec will join CAVOK, a division of Oliver Wyman, focused on aviation services.
For more than 20 years SeaTec has been a leading provider of
consulting, engineering, and digital expertise across the aviation,
aerospace and defense, and transportation industries. SeaTec's deep
industry knowledge, paired with technical and digital expertise
delivers high value programs for clients. Combined, SeaTec and
Oliver Wyman's CAVOK business
will help clients meet operations, cost and reliability
objectives.
SeaTec is based in Atlanta, GA
and has offices across the US, Canada, and UK with an extended network of
clients and senior advisors around the world. The firm's employees
will join Oliver Wyman and integrate
with CAVOK. The terms of the transaction were not disclosed.
About SeaTec
SeaTec is a trusted, leading provider of
consulting, engineering, and digital domain expertise solving
complex business, operational and technical challenges for clients
in asset-intensive industries. SeaTec's deep industry knowledge and
technical expertise paired with its turn-key service offerings
enable the company to deliver program life cycle solutions that are
unmatched by competitors. Over the past 20 years, SeaTec has earned
a long-standing record of excellence with its customers and its
priority has always been to steward and enhance the unique culture
and reputation for excellence that is SeaTec. For more information,
please visit www.seatec.com.
About Oliver Wyman
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]. For more information,
visit www.oliverwyman.com. Follow Oliver Wyman on
LinkedIn and X.
About Marsh McLennan
Marsh McLennan (NYSE: MMC) is the world's leading professional
services firm in the areas of risk, strategy and people. The
Company's more than 85,000 colleagues advise clients in over 130
countries. With annual revenue of $23
billion, Marsh McLennan helps clients navigate an
increasingly dynamic and complex environment through four
market-leading businesses. Marsh provides data-driven risk advisory
services and insurance solutions to commercial and consumer
clients. Guy Carpenter develops
advanced risk, reinsurance and capital strategies that help clients
grow profitably and pursue emerging opportunities. Mercer delivers
advice and technology-driven solutions that help organizations
redefine the world of work, reshape retirement and investment
outcomes, and unlock health and well being for a changing
workforce. Oliver Wyman serves as a
critical strategic, economic and brand advisor to private sector
and governmental clients. For more information, visit
marshmclennan.com, or follow us on LinkedIn and X.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/marsh-mclennans-oliver-wyman-completes-acquisition-of-seatec-consulting-inc-302051064.html
SOURCE Oliver Wyman