Houston-based sourcing consultant EquaTerra has acquired Morgan Chambers of London, creating one of the biggest independent consulting firms in the outsourcing segment. Terms of the deal were not disclosed.

Information Services Group, Inc. said it will acquire sourcing advisory firm TPI for $280 million in cash. TPI’s founder and members of management will invest 30 percent of their proceeds from the transaction in ISG stock at closing.

While demand for outsourced services continues to grow, it is showing signs of a slowdown, according to London, U.K.-based EquaTerra, a multi-national sourcing advisory firm. In its third-quarter “Outsourcing Pulse Survey”, the firm found 16 percent of service providers reported a decline in its demand pipeline, the first negative report of the year.  Furthermore, only 68 percent of providers reported that their pipeline was up in the quarter compared with the year before.

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