LONDON: BearingPoint has seen its revenues grow 10% last year to €622 million, on the back of organic growth and expansion into new markets such as Singapore, Portugal, Romania and the Czech Republic. The international consultancy, which aims to breach the €1 billion mark by 2020, continues to hire aggressively and develop key talent. BearingPoint, a Europe-based management and technology consulting firm founded in 2009 following a management buyout of part of the in 2002 founded KPMG Consulting, recently revealed its consolidated accounts for 2016. Global revenues rose by 10% on the year previous, to €622 million. The firm, headquartered in Amsterdam, the Netherlands, also saw its net booking grow by 13%, year-on-year.
The result is in line with the firm’s longer term strategy to break the €1 billion in revenues barrier by 2020. In a statement, Peter Mockler, Managing Partner of BearingPoint, highlights that the firm realised “positive revenue trends” across all its service lines and industrial segments. The firm has also continued to expand its operations during 2016, adding new offices in Singapore, Portugal, Romania and the Czech Republic. The company, specialised in management consulting and IT consulting, is now present in 22 countries, with a total of 36 offices – offering its services, together with its global consulting network, to clients in 75 countries globally.
