Earlier this month, North Highland, a mainstay on Consulting's Best Firms to Work For rankings, finalized the acquisition of LogistiPoint Consulting, a retail supply chain and distribution consulting firm that helps clients achieve results in logistics and distribution operations. The transaction expands North Highland's breadth and depth of strategy and supply chain expertise, according to Navid Ahdieh, Managing Director, North Highland. Terms of the transaction were not disclosed. North Highland's research in the 2020 Beacon Report found that 85 percent of business leaders believe that operational efficiency is a top priority for transformation within their organization. Founded in 2009, LogistiPoint brings more than 30 years of experience improving logistics and distribution within the retail supply chain industry to help clients achieve higher performance from their people, facilities and systems. The partnership reflects North Highland's investment in strategic operations to drive lasting capabilities and value for clients, says Ahdieh. Ahdieh, along with Andrew Billings, Associate Vice President & Supply Chain Capability Lead at North Highland, and Randy Moore, Founder of LogistiPoint Consulting, sat down with Consulting magazine to discuss the acquisition and what comes next.
Consulting: With all that's going on in the world, and specifically in the business world, why is this a good time for an acquisition?
