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BearingPoint is an independent management and technology consulting firm based in Amsterdam, Netherlands, that provides business strategy, digital transformation, and software implementation services. The partner-led consultancy operates across 41 global offices, employing over 10,000 professionals to deliver advisory, proprietary software, and managed services. In 2023, the organization generated a record €1.017 billion in annual revenue while completing approximately 1,800 client projects across 32 countries. The firm frequently collaborates with major enterprise entities, notably launching the cloud deployment joint venture Arcwide with software provider IFS, while its leadership includes Global Managing Partner Matthias Loebich and former executive Kiumars Hamidian. Originally established as a business unit of KPMG in 1997 before spinning off, the entity officially rebranded as BearingPoint in 2002 and transitioned into its current independent structure through a management buyout led by its European partners in 2009.
Key people at BearingPoint.
BearingPoint was founded by Arthur Andersen (Founder).
Key people at BearingPoint.
BearingPoint was founded by Arthur Andersen (Founder).
BearingPoint is an independent, partner-led management and technology consulting firm with European roots and global operations across over 70 countries and 13,000 people. It focuses on blending consulting expertise with technology solutions to drive client transformations in areas like digital strategy, finance and risk, operations, and technology, serving sectors including automotive, manufacturing, banking, insurance, capital markets, consumer goods, and retail.[1][5][6] The firm's purpose emphasizes people, planet, and innovation, delivering customized solutions for business model disruption, regulatory compliance, digital supply chains, and Industry 4.0.[1][5]
Since its 2009 management buyout, BearingPoint has grown steadily from €441 million in revenue and 3,140 staff to €781 million and 4,639 staff by 2019, expanding from 25 to 41 offices by 2022, with a presence in the US, China, and beyond.[1][3]
BearingPoint's roots trace back over a century to the consulting practices of Arthur Andersen (founded 1913) and KPMG.[1][3][4] In 1997, it emerged as KPMG's consulting business unit, focusing on technology and management; KPMG spun it off as KPMG Consulting Inc. in 2000, which went public on NASDAQ in 2001 and acquired Arthur Andersen's consulting practices.[1][2][3] Rebranded as BearingPoint in 2002 and listed on NYSE, it expanded rapidly to over 17,000 employees in 60 countries but faced financial woes amid post-Enron regulations, declining markets, lawsuits, and overextension, leading to a 61% valuation drop by 2004 and US Chapter 11 bankruptcy in 2009.[1][2][7]
European leaders executed a management buyout in 2009, creating an independent partnership from the profitable European operations, preserving the name and leveraging deep expertise as an "established start-up."[1][3] This pivot enabled steady growth through acquisitions and new offices.[1]
BearingPoint rides trends in digital transformation, regulatory technology (RegTech), and Industry 4.0, helping clients navigate business model disruptions, fintech integration, and supply chain digitization amid rising demands for compliance and efficiency.[1][6] Its timing post-2009 MBO capitalized on recovering consulting markets and tech convergence, evolving from Big 4 spin-off challenges to a nimble player in a fragmented industry favoring specialized tech-consulting hybrids.[1][2]
Market forces like post-financial crisis regulations, platform economies, and sustainability pressures favor its strengths, influencing the ecosystem by pioneering RegTech and enabling OEMs/financial firms to adopt AI-driven operations and customer engagement tools.[1][5] With European industrial heritage fused from Andersen and KPMG, it bridges traditional consulting with dynamic tech needs in a globalized economy.[3][4]
BearingPoint is poised for continued expansion in AI-enhanced consulting, sustainable tech, and emerging markets like China and the US, building on its post-MBO momentum. Trends in regulatory complexity, digital operations, and green innovation will shape its path, potentially through strategic software investments and acquisitions to scale its 13,000-person network.[1][5] Its influence may evolve toward deeper tech ownership, solidifying its role as a resilient leader in management-technology fusion—echoing its century-old roots transformed into a forward-driving force.[3]
