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.

JP Weber opens new office in Warsaw and hires tax director

20 March 2019 Consultancy.eu

Polish M&A consultancy JP Weber has hired a new Tax Director in its recently opened Warsaw office. Tomasz Bartoszek joined from professional services firm EY.

At JP Weber, Bartoszek has been made responsible for managing the Tax Advisory Department. He brings around ten years of experience to the firm, having spent nine years with EY. At the Big Four giant, Bartoszek supported numerous cross-border transactions and restructuring projects, for deals conducted by corporate clients and private equity funds. He was also responsible for coordinating and performing due diligence processes, both on the buyer's and seller's side, and provided transaction support.

Bartoszek further developed tax strategies for businesses, including tax optimisation for international entities operating in Poland. “We are happy that Tomasz has joined us,” said Grzegorz Piechowiak, Managing Partner at JP Weber. “He has comprehensive experience in tax and we are convinced that he will add great value to our current and future projects.”JP Weber opens new office in Warsaw and hires tax directorFounded in 2001, JP Weber is one of Poland’s larger home-grown firms specialised in M&A, transaction advisory and restructuring. Last year the consulting firm, among others, acted as a transaction advisor to Wielton (Poland’s largest manufacturer of semi-trailers, trailers and vehicle bodies) and Polmer (a Polish manufacturer of injection moulded components) during their sale to a UK and Dutch company respectively. 

“I am very pleased to join JP Weber's team and contribute to the company's further enhancement, offering my knowledge and involvement,” said Bartoszek. In his role, he will work closely with other teams at the firm, including transaction advisory, mergers & acquisitions and restructuring.

For cross-border deals and engagements, Bartoszek will liaise with colleagues from Eight International, a global network of firms providing M&A, transactions, restructuring and transformation services of which JP Weber is a founding father.

Warsaw office

The appointment comes two months after the consultancy moved into a new office in Warsaw, located on the fifth floor of the Park Avenue office building (Wspólna 70). The new hub was needed to accommodate the firm’s growth, as well as enable its ambitious plans for 2019 and beyond in Poland’s capital city. “Our office in Warsaw is a modern, functional and comfortable space conducive to both teamwork and individual work. It is a well-connected office located in the business centre of the city, allowing us to better meet the expectations of our employees and customers.”

Meanwhile in Poland’s M&A landscape, Bain & Company, BCG, DeloitteEY and PwC were recently lauded for their M&A services to the private equity industry.