BrazilGenpact buys Barkawi Management Consultants, adds 200 staff in 7 offices
Global consulting firm Genpact has acquired international management advisory group Barkawi Management Consultants for an undisclosed fee. The supply chain consultancy has three offices in Europe, and will add 200 staff to Genpact’s headcount.
In line with a multitude of other industries, with the rise of digital disruption causing transformation efforts to boom in recent years, consulting firms in the supply chain management industry geared toward operational change have become hot property in recent months. Earlier in the year, for example, Deloitte Consulting acquired Dutch SAP supply chain consultancy AEPEX to bolster its capacity in the sector, while Argon Consulting merged with Crimson & Co., with digital transformation consulting currently representing a $44 billion industry in its own right.
Barkawi Management Consultants is a global consulting company focused on supply chain management, supply chain technology and aftersales services. Founded in 1994 in in Munich, Germany, the Bavarian-origin company has since grown its team to over 200 management consultants across three offices. The firm provides advisory and technology services across the globe, with clients including global blue chip entities in industries including CPG, life sciences, manufacturing, and aerospace.
Global professional services Genpact specialises in digital-led innovation and digitally-enabled intelligent operations for its clients, guided by our experience running thousands of processes for hundreds of Global Fortune 500 companies. Seeking to boost its transformation capabilities in the supply chain field, Genpact has completed the purchase of Barkawi from the broader Barkawi Group for an undisclosed fee. The deal will add a further 200 staff across seven offices to Genpact’s 1,200 strong global consulting workforce.
In Gemany, Barkawi Management Consultants was recently lauded for its services by among others Manager Magazine, and has been looking to expand into that growing profile. Barkawi Management Consultants will now hope that the deal enables the company to better pursue the needs of its clients outside of its wider Barkawi umbrella.
The buyout will enable Genpact to leverage on Barkawi Management Consultants' consulting expertise and supply chain technology services for creating global, holistic supply chain services supported by digital, domain, and data science expertise. Moreover, the consultancy firm's partnerships with leading supply chain technology providers and implementation expertise will strengthen Genpact's planning and control tower solutions. Post the acquisition, Barkawi North America President, Mike Landry, will assume the role of global CEO of Barkawi Management Consultants, from a base in Atlanta, US. Andreas Baader, Wolfgang Schürholz and Oliver Bendig will continue to lead the firm in Munich, and across the consultancy’s Germany-based European business.
Commenting on the deal, Shantanu Ghosh, Business Leader of Enterprise Services at Genpact said, "With Barkawi Management Consultants, we will be adding market-leading supply chain strategy and technology consulting capabilities, as well as terrific talent to our existing domain expertise, digital investments, and managed services base."
Karim Barkawi, founder and CEO of the Barkawi Group, said of the sale, “This transaction is a great fit for our consulting entity, given Genpact’s strong domain expertise, focus on innovation, digital and analytics capabilities, and global scale. Barkawi Management Consultants clients and Genpact clients will have a much stronger, unified partner to help them achieve transformative results in their supply chain management operations.”
