History

Heritage and organization

Our history

When Booz & Company combined with PwC on March 31, 2014, a new kind of consulting firm was born.

Strategy&, the new brand for Booz & Company, is the dominant premium consulting firm in the Middle East and introduced the profession to the region over two decades ago. Strategy& inherits Booz & Company’s brand values of integrity and complete commitment to helping our clients excel. As a separate line of business within the PwC network, we are bigger, broader, and better at connecting strategy to impact.

Together, we offer a unique, powerful, and distinctive combination of capabilities that allows us to develop and deliver transformative strategies. We are first in foresight, dedicated to providing you with the high-quality thought leadership that you have come to expect. Our name may be new, but we remain true to our values and privileged to accompany you on your journeys of excellence.

As the longest-serving strategy consultancy in the world, Booz & Company established the profession and was the first firm to use the term “management consultant.” In 1914, Booz & Company founder Edwin Booz began conducting business research and solving problems for clients near his native Chicago. For nearly 100 years, the firm helped clients realize the essential advantage needed to survive, thrive, and win, and was involved in some of the most celebrated business episodes of their day, including:

  • the dawn of the contract system for Hollywood movies
  • the rescue of the Chrysler Corporation from bankruptcy

After separating from Booz Allen Hamilton in 2008 and becoming an independent firm, Booz & Company deepened its expertise through several acquisitions and combinations. They included:

  • The firm’s combination with U.S.-based management consultancy Katzenbach Partners, a leader in the domain of organizational performance, in 2009.
  • Axon Advisory Partners joining the firm in 2012 to launch a full-service team of strategists, designers, and technologists who help companies turn ideas into transformational digital businesses.
  • The firm’s acquisition of international consulting company Management Engineers in 2013, which brought together two firms with a similar heritage and complementary service offerings — practical strategists who work alongside their clients to get the job done.

In 2014, as part of the PwC network, Strategy& brings to client assignments the deep experience and proven track record central to its legacy, as well as the breadth and depth of the PwC network. Our combined strengths offer broader, deeper value to our clients in strategy, deals, tax, assurance, finance, technology, and operations — across every industry and virtually every geography.


Strategy& in the Middle East

The firm’s history in the Middle East is powerful. Since the 1993 launch of its operations in the region with a five-person office, the firm has established an impressive record. Today, more than 400 employees serve clients across the entire Middle East region from six regional offices, inspired by the opportunities and economic growth fueled by the liberalization and restructuring of many industries in the area. We have grown new business steadily while retaining our established clients.

Strategy&, with its commitment to top-quality service and investment in talented staff, has earned its reputation as the management consulting firm of choice for companies and governments in the Middle East region.

The make-up of our client base continues to evolve as the firm’s presence expands. We serve clients across the region in countries including Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. 

We are enthusiastic about the ongoing growth of the regional economies and the opportunities created by the need to improve corporate and national governance. We feel deeply rewarded by the positive impact our work has had on the lives of people across the Middle East. We are also confident that these factors, combined with our number one position in the region, our inherent commitment to quality service, and the dedication of our staff, will ensure the continuing success of Strategy&’s Middle East business.

Strategy& has a new name and an expanding client base, but its fundamental elements remain unchanged. Edwin Booz’s vision of helping clients solve their toughest problems so they could thrive in an evolving world is as clear today as ever. We are excited about this new chapter in our company’s history and our place in it.

To learn more about the Middle East offices, please visit the contact page.