London and New York, 4 June 2009 – Global management consultancy Booz & Company Inc. announced today that it has completed the previously-announced combination with U.S.-based management consultancy Katzenbach Partners, LLC, for an undisclosed consideration. Booz & Company will continue to be entirely owned by its partners, and maintain a debt-free balance sheet. The combined firms will operate under the Booz & Company brand.
Booz & Company completes combination with Katzenbach Partners
The firm also announced the launch of the Katzenbach Center, to be focused on the development and application of innovative ideas for organisational culture and change, based on a guiding philosophy of client-based innovation.
“This combination strengthens our industry-leading position as a unique institution, driven by values and providing essential advantage to our clients through our capabilities driven strategy. Our new colleagues share the commitment to quality and integrity that enables us to deliver a client experience that is differentiated in both style and substance,” said Booz & Company CEO Shumeet Banerji.
Senior Partner Jon Katzenbach added: “We are pleased to be part of a global firm that combines deep analytical capabilities and industry foresight with distinctive knowledge about the human side of organizations. Our end-to-end capabilities will equip our combined firm to help clients even more effectively and to create a stimulating professional environment which is nothing less than the best place in the world to be a consultant.”