The UK-based, global consulting franchise business ERA Group has secured a significant investment from Horizon Capital, a leading investor in high-growth technology and business services companies.
Horizon has taken a majority stake in ERA Group and committed £70 million ($146m) to expansion. Growth will be both organic and through strategic acquisitions enabling the business to expand into untapped markets.
Founded in 1992 ERA is a network of more than 1000 consultants operating across 60+ countries, delivering cost optimisation, supply chain consulting and business insights.
Matthew Eatough, founder of Proxima and experienced in procurement and supply chain strategy, joins ERA as chairman and will play a pivotal role in shaping the group’s strategic direction.
Mark Taylor, CEO, said “With Horizon’s expertise and investment, we’re set to expand our global impact, further develop our technology platforms, and continue to empower our network with the tools and insights to continue to deliver Value through Insight.”
