February 8, 2023

About Company

In 1913 Arthur Andersen started his accounting firm in Chicago. Over the decades that followed, Arthur Andersen grew its accounting business and, from the 1970s onwards, its consulting services. By the early 1990s, Arthur Andersen was the largest management consulting firm in the world.

In parallel, KPMG was developing its consulting business. In 2000 KPMG spun off some of its consulting units as KPMG Consulting Inc., and in 2001 KPMG Consulting Inc. went public on the NASDAQ. The company began a rapid global expansion – acquiring a majority of Arthur Andersen’s business consulting practices in 2002. That same year, the company changed its name to BearingPoint Inc. and moved to the NYSE.

Rapid growth continued but ultimately ended in financial difficulties culminating in BearingPoint Inc. filing for Chapter 11 for their US operations in 2009. This challenging time nevertheless created a decisive moment for the firm’s European leaders – a moment they seized to execute a management buyout (MBO) and make the independent BearingPoint partnership we are proud to be part of today.

Our Website: www.bearingpoint.com




Contact Details

00971-25580880 /00971-502279014

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