BearingPoint hires sustainability strategy team in Finland

01 March 2023 3 min. read

BearingPoint has beefed up its sustainability capabilities in the Nordics with the hire of a team from Korkia, a Helsinki-based investment and advisory company.

The move sees an undisclosed team (roughly 20 consultants according to our estimate) join BearingPoint’s Helsinki office, and broader Scandinavian team that also operates out of Copenhagen, Oslo and Stockholm.

“We’re seeing strong demand from our clients in the field of sustainability. We are therefore delighted to welcome the sustainability team of Korkia to our family. They have a strong and proven expertise in helping clients in sustainability topics,” said Kiumars Hamidian, Managing Partner at BearingPoint.

BearingPoint hires sustainability strategy team in Finland

Founded in 2006, Korkia is a private equity investment firm specialised in companies that drive sustainability in three main verticals: energy, natural resources, and transport & mobility. The firm is particularly known for its investments in solar energy, which helped Korkia earn the reputation of “Finland’s sunniest asset manager”. Over the past five years alone, the firm has helped fund and deliver more than 30 renewable energy power plants in Europe and Latin America.

Korkia’s consulting team specialises in helping sustainable-focused companies with commercial growth and expanding their footprint and products. Key offerings include growth strategy, scenario planning, market entry, new business development, and ecosystem development.

Now under the BearingPoint umbrella, “we will keep on focusing on our core offerings and keep moving on the same track we have been for the last few years,” said Pauli Mäenpää, CEO at Korkia.

“Korkia’s expertise in the sustainability field is a perfect fit – strategically and culturally – for BearingPoint and will enhance our already excellent skills in those areas. The team will join our Finish practice but of course support all our clients across Europe from the first day on,” said Eric Conway, Regional Leader of the GROW region (Finland, Sweden, Norway, Italy, The Netherlands, United Kingdom, and Ireland) at BearingPoint.

Hamidian added: “The combined sustainability practice of BearingPoint and Korkia will deliver a comprehensive suite of services to support clients on their sustainability journey.”

The move comes within months of the acquisition of I Care, a France-headquartered sustainability consultancy with over 80 staff in France and Brazil.

“Our consulting team will have a bright future under BearingPoint’s ownership. They have excellent resources to support the development and growth of the business. We look forward to the journey,” concluded Mäenpää.

With over 5,000 staff in Europe and beyond, BearingPoint’s is one of the globe’s larger management and technology consultancies. The Nordics has traditionally been a key market for the firm. It was in the early 1990’s when BearingPoint initial heritage was incepted (then as part of Arthur Andersen), and over the past 30+ years the region has remained a stronghold market for the now independent consultancy.