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

10 August 2018 Consultancy.eu

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 & Company opens new office in Berlin, fourth in Germany

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.

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BCG launches BrightHouse and Digital Ventures in France

15 April 2019 Consultancy.eu

Global management consulting firm Boston Consulting Group (BCG) has launched two of its subsidiaries in France.

Launched in 1973, BCG’s Paris office is with 400 consultants one of the firm’s largest in its footprint of 90+ offices globally. The hub, led by company veteran Guillaume Charlin, plays an instrumental role in developing BCG in Western Europe, francophone Northern Africa, and Israel and Lebanon, which have close economic ties with France.

Having focused mainly on strategy consulting services over the past decades, Boston Consulting Group’s French arm is branching out to other services areas. BCG Platinion – BCG’s IT solution wing – and BCG Gamma – BCG’s advanced analytics arm – have been active in Paris for a while, and now two of the firm’s other subsidiaries – BCG Digital Ventures and BrightHouse – have landed in the French capital city. 

BrightHouse is a creative consultancy that support clients with the development of purpose-driven branding strategies. The firm has helped companies like Procter & Gamble, McDonald’s, KPMG and American Express discover and articulate their purpose, and then helped them activate and embed their purposes within their organisations. BCG acquired BrightHouse in June 2015, and since then the consultancy has been operating as an independent business division of the US-consulting giant. BCG launches BrightHouse and Digital Ventures in FranceFollowing the opening of a new office in Berlin last year, Paris becomes the firm’s third hub internationally (the firm is headquartered in Atlanta) and second in Europe. BrightHouse France will be managed by Mathieu Menegaux, a senior partner who has been with the firm since 2001. The HEC graduate focuses mainly on clients in the energy & utilities and industrial goods sectors.

BCG Digital Ventures is BCG’s corporate investment and incubation firm. The division invents, builds, scales and invests in startups, often in collaboration with the world’s most influential companies. Founded in 2014, when a large team of digital experts transitioned from Booz & Company (now Strategy&) to Boston Consulting Group, BCG Digital Ventures currently has offices in the US, (Los Angeles, New York, Seattle), Europe (Berlin, London, Paris) and Asia (Sydney, Shanghai and Tokyo). Since inception, the unit has (co-)founded over 60 ventures.

Among the projects BCG Digital Ventures has delivered include the development of a new blockchain-powered platform for transparency in the food chain for fish (together with the WWF in Australia) and the launch of Hey.Car, a platform for the used car segment (together with German automotive giant Volkswagen).

In France, BCG Digital Ventures will be led by Caroline Vion, who joined BCG in 2014 as part of the founding team that joined from Booz & Company. Earlier in her career, she worked for companies in the media and luxury retail sectors. Vion has relocated from Los Angeles to head the new venture in France. 

Last year, BCG was named one of France’s top strategy consulting firms to work for.