Alba Partners, the business consultancy now based in Edinburgh, has acquired Core Consultants Group as part of a major expansion.

Core Consultants Group, which operates from London, specialises in data and AI and will further enhance Alba Partners’ existing services and capabilities.

All of Core Consultants Group staff will be integrating with Alba Partners existing teams in the UK and Middle East.

The acquisition caps a period of significant growth for the consultancy, which expanded its senior leadership team when financial services consultant Graeme Devlin joined a month ago as associate director and head of wealth and asset management.

He will be based in Edinburgh which is being developed as the new headquarters of the company. It continues to have a significant presence in London and the Middle East. The firm is chaired by Graeme Jones, former chief executive of Scottish Financial Enterprise.

Announcing the acquisition of Core Consultants Group, chief executive Richard Jacobs said: “This acquisition represents a significant milestone in our growth strategy, and we believe that Core Consultants Group expertise will complement our existing offerings and create new opportunities for our customers.”

Core Consultants Group CEO, John Hall, added: “Together, we will be able to leverage our combined strengths to drive innovation and deliver greater value to our clients.”