West Monroe, a global consulting firm specializing in business and technology, has acquired Inspired Health, a Boston-based consultancy providing market insights and commercial strategies for life sciences clients. This acquisition enhances West Monroe’s life sciences capabilities, increases its workforce, and establishes a formal office in Boston, bringing the firm’s total number of locations to 11.
Enhancing Life Sciences Services
Since its founding in 2017, Inspired Health has supported pharmaceutical and medical device companies in navigating product lifecycle milestones, including pre-launch, launch, and post-launch optimization. By delivering stakeholder-focused insights, the company has helped life sciences organizations bring innovative products to market.
This acquisition boosts West Monroe’s life sciences revenue by 30% and strengthens its offerings in the front-office segment of the life sciences value chain. Combining Inspired Health’s expertise with West Monroe’s back-office strengths in operations, technology, and patient services creates a comprehensive solution for pharmaceutical and medical device companies.
Leadership Additions and Strategic Benefits
The deal brings on Kieron Mathews and Andrew Wilson, experienced leaders in market research and commercial strategy, as managing directors.
- Mathews, a two-time CEO, has been recognized by the Market Research Society as one of the industry’s Top 50 professionals.
- Wilson, co-founder of Inspired Health, has over 20 years of experience in the research sector.
Their leadership will enhance West Monroe’s ability to serve life sciences clients and expand its private equity advisory capabilities, particularly as deal activity increases in the pharmaceutical services sector.
Establishing a Boston Office
West Monroe will retain Inspired Health’s location at 2 Liberty Square, marking its official presence in Boston. The new office strengthens the firm’s ability to serve healthcare, private equity, and other sectors in the region while deepening connections with longstanding clients.
Kevin McCarty, Chairman & CEO of West Monroe, commented:
“We are thrilled to welcome the talented team from Inspired Health. Their data-based approach and industry expertise align perfectly with our firm’s mission. Establishing a Boston office enhances our ability to deliver value to clients and reinforces our commitment to the local community.”
Supporting Strategic Growth
The acquisition is part of West Monroe’s broader strategy to expand its footprint and expertise in high-growth sectors like life sciences. The firm’s M&A team, which advises on over 500 transactions annually, will leverage this enhanced capacity to better serve private equity clients and support innovation in the healthcare industry.
Integration Timeline
The integration of Inspired Health into West Monroe is expected to be completed by the first half of 2025, further solidifying the firm’s position as a leader in the life sciences and consulting sectors.
