Scandinavian Valcon and First Consulting (including First Technology) have decided to join forces as part of their journey to become a leading north-western European consulting & technology company.

Both companies will continue under their own brand with continued focus on connecting strategy and operations for their clients. They will also operate with an increased scale and capability across northern Europe.

The new group will possess leading capabilities within strategically driven operations improvement and transformation, founded upon a strong track record in strategic operations consulting, change, digitalisation, technology and data analytics/AI.

“With our combined capabilities, we will to an even higher degree be able to offer our clients state-of-the-art solutions that will generate growth and value. We expect to see a fast development of both geographical footprint, capabilities and services within all areas, with additional leading companies joining us,” says Managing Partner at First Consulting and First Technology, Geert van den Goor.

“We are proud to take this fantastic and ambitious step. For Valcon, this is a powerful accelerator of our strategic ambition: It strengthens our ability to assist our clients across their transformational journeys, not least with respect to their digital ambitions as this is a major development in our technological value proposition. And it helps us to continue to attract and develop the best talent within operational transformation,” says Valcon Chairman of the Board, Thomas Fischer.

With this step, the combined company grows to 520 people in the Netherlands, Denmark, Sweden, the United Kingdom and Germany. The company will get a joint management team with Geert van den Goor as Group Managing Partner.


About Valcon

Valcon is a Scandinavian strategy and operations consulting company founded in 2000. From a Scandinavian base, Valcon supports client organisations globally in achieving their strategic goals and succeeding on their transformational journeys. Valcon employs around 180 professionals working from offices in Denmark and Sweden.

About First Consulting

First Consulting (including First Technology) is a fast-growing no-nonsense consulting & technology organisation. With 340 employees, the company focuses on resolving operational issues at customers in the Infrastructure, Utility, Telecom, Retail, Manufacturing, Banking, Insurance and Government sectors. At the heart of this are the operational business processes of the customers, focusing on digitisation and enabling change in organisations. The working method of First Consulting is characterised by analysing process problems and subsequently realising a measurable result, all in close collaboration with the employees of the customers. Since 2019, Waterland Private Equity has been a co-shareholder in First Consulting, in particular to help shaping the buy-and-build strategy of the group.

About Waterland

Waterland is an independent private equity investment group that supports entrepreneurs in realising their growth ambitions. With substantial financial resources and committed industry expertise, Waterland enables its portfolio companies to achieve accelerated growth both organically and through acquisitions. Waterland has offices in the Netherlands (Bussum), Belgium (Antwerp), Germany (Munich and Hamburg), Poland (Warsaw), the UK (Manchester), Denmark (Copenhagen), Ireland (Dublin), Switzerland (Zurich) and France (Paris), and currently manages EUR 6 billion of investor commitments. Since its founding in 1999, Waterland has consistently achieved top-tier investment performance.


First Consulting

Geert van den Goor (Managing Partner):



Stig Jessen (Joint Managing Partner):

+45 2026 9837

Michael Hjortlund (Joint Managing Partner):

+45 3032 7981

Annette Mystek (Press relations):

+45 2088 7770