Bain & Company opens new office in Berlin, fourth in Germany

International management consultancy Bain & Company has opened its fourth office in Germany. The Berlin office is its 56th worldwide, and will house the firm’s new European Technology Hub.

With 55 offices in 36 countries around the world, Bain & Company is a global consulting firm that helps clients with strategy, organisation, mergers and acquisitions, operations, digital and sustainability among other areas. The consulting firm, founded in 1973, is recognised as one of the top players in the industry, alongside the likes of McKinsey & Company and The Boston Consulting Group – together the three firms are known in the market as ‘MBB’.

Around 800 of Bain’s 7,000 global employees work for the company throughout Germany, while the firm had previously opened offices in Munich, Frankfurt, Dusseldorf, and now has opened a fourth office, also located in the German capital. The new location is at Potsdamer Platz, an important public square and traffic intersection in the centre of Berlin, about 1 kilometre south of the famous Brandenburg Gate. The office is located on the 14th and 15th floors at Potsdamer Platz 11 and covers 1,600 square metres, with part of the space being designed as an open work concept, acting as the new Europe-wide "Technology Hub" for Bain & Company.

Bain’s Office Head in Germany, Walter Sinn recently noted that he had little fear that AI and revolutionary new technologies would make management consulting superfluous. Now, commenting on the firm’s innovative new presence, Sinn said, “Berlin is setting the pace for digital innovation in Europe and has a highly dynamic start-up scene. Therefore, it is only logical that we have a presence there to capitalise on the strong growth of and increased client demand for digital solutions.”

The residence of Bain’s fourth office in Germany was brokered by real estate services company CBRE. In the wider DACH region (Germany, Austria, Switzerland), Bain also has an office in Zurich. In the two countries, Bain is seeking to recruit 200 advisors in all disciplines. These professionals, the firm says, will need to use their excellent analytical skills in a targeted manner and be driven by intellectual curiosity. Bain will undoubtedly be aided in its recruitment efforts by the fact it has just been announced as Germany and the Netherland's best employer by careers site Glassdoor.

Meanwhile, Bain recently promoted four new partners in the DACH region. Bain’s German team welcomed two new partners from within the firm’s own ranks – Enver Adakan and Hendrik Lamché, while Steffen Gänzle and Marco Gerrits, both based in Munich, joined Bain’s Automotive practice.