Euroconsult and Spacetec Partners Merge to form Novaspace

Paris, France, April 5, 2024 - Two prominent space consulting players, Euroconsult and SpaceTec Partners, are merging after three years of increasingly successful collaboration, to shape the future of the space sector with unparalleled expertise and strategic insights. This merger creates Novaspace, a professional services company dedicated to the space industry.

Euroconsult, with its 40-year legacy in consulting, market intelligence, and executive summits, joins forces with SpaceTec Partners, which brings two decades of experience in management consulting, including strategy, innovation advisory, and market development.

Novaspace provides comprehensive, integrated service offerings to meet the evolving needs of the global space sector, offering strategic and technical perspectives for decision-makers in both private and public entities.

With ten strategically located offices and a team of 130 professionals representing 25 countries, Novaspace possesses the unique capability to meet local requirements and support stakeholders across the global space industry. This unparalleled reach and expertise are anchored by six highly experienced Partners and an extended leadership team, ensuring a culture of unique diversity and entrepreneurial spirit.

The combined Novaspace remains privately owned and fully independent, ensuring continuity of the legacy while fostering an environment of innovation.

"This merger marks a significant milestone in our journey. By combining Euroconsult's strategic vision with SpaceTec Partners' management consulting heritage, we have a unique value proposition for the space sector," said Pacôme Révillon, CEO of Euroconsult and now CEO of Novaspace.

Rainer Horn, Carla Filotico, and Thomas Tanghe, Partners and Managing Directors of SpaceTec Partners and now of Novaspace, collectively expressed their enthusiasm: "Joining forces with Euroconsult opens new horizons for us. Together, we are set to offer unparalleled value to our clients, merging strategic consulting with technical acumen and embracing innovative tools for stakeholder engagement, ensuring a comprehensive and forward-thinking approach."

Advisors

Euroconsult was advised on this transaction by Vaughan Avocats (corporate), Concorde (finance) and Lacombe Avocats (tax). SpaceTec Partners was advised by Delsol Avocats (corporate) and In Extenso (finance).   

About Euroconsult Group

The Euroconsult Group is a leading global strategy consulting and market intelligence firm specializing in the space sector and satellite-enabled verticals. With experience in strategic consulting, market intelligence programs, organization of executive-level annual summits, and training programs for the satellite industry.

About SpaceTec Partners

SpaceTec Partners is a leading management consulting firm focused on the space sector, with expertise in strategy, innovation, and market development. They advise public and private entities in Europe and the rest of the world.