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Company: Management Consulting Group PLC
Industry: Professional Services
Acquisition Date: 18 June 2010
BlueGem Stake: 17%
Status: Portfolio Company
Website: www.mcgplc.com
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On 18 June 2010 BlueGem
subscribed for a 17% stake in Management Consulting Group PLC,
a global provider of consultancy services through its three underlying
divisions: Alexander Proudfoot, Kurt Salmon Associates and Ineum
Consulting.
Alexander Proudfoot, established in 1946 and headquartered in
Atlanta, develops and implements operational improvements to
increase productivity and reduce costs. Proudfoot has offices
in Brazil, Canada, the US, the UK, France, Germany and South
Africa.
Kurt Salmon Associates, established in 1935 and headquartered
in Atlanta, provides consultancy services to the retail and consumer
products sector and to the health care provider sector. Kurt
Salmon has offices in North America, Europe and Japan.
Ineum Consulting, established in 2003 and headquartered in Paris,
provides consultancy services including strategy, process improvement
and systems design to a wide range of industries in both the
private and public sectors. Ineum has offices in Continental
Europe, UK, US, North Africa and Australia.
In 2009 Management Consulting Group generated group revenues
of £277m and underlying operating profit of £28m.
BlueGem
is investing alongside further investment from Management Consulting
Group’s existing shareholders, managers and
key employees, and has appointed two directors to the company’s
Board.
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