Annual Revenue: $622,654
Net Cash Flow: $347,839
Location: NYC, New York
The company is a well-known and highly-respected strategic design thinking / innovation consultancy working with organizational leaders to make sense of complex situations and drive change. Uniquely combining data-visualization with innovation, the company specializes in helping multi-disciplinary management teams and organizations tackle complex, fuzzy challenges and build innovation.
The consultancy has a diverse and impressive blue-chip customer roster whose projects are often recurring. They include numerous Fortune 500 global corporations, fast-growing companies and non profit organizations. These clients have been proven to have ongoing interest in the unique, high quality products and services that the consultancy has successfully provided since 2001.
Reason For Sale:
Owners are seeking growth capital and a partner to grow the business with.
Management consulting is a $250 billion industry in rapid transition, with many large global consulting practices, including McKinsey & Company and Capgemini Consulting, recently acquiring design thinking firms in an effort to expand their reach as more and more organizations became interested in becoming more customer-centered. Several articles have recently been published in Harvard Business Review, explaining the value of design thinking to business. The benefit of using a design approach, as opposed to pure management consulting, is that it enables a team to engage new, more customer-centered ways to solve problems and address opportunities.