TMT strategy consultancy Altman Solon opens Riyadh office for Gulf expansion
Altman Solon, a global strategy consultancy specialising in telecommunications, media, and technology (TMT), has launched a new office in Riyadh, which will serve as its regional hub for the Middle East.
Having served the region for years through other offices, the US-headquartered firm has now established an on-the-ground team to meet growing demand and provide more direct support to its clients.
“We have experienced notable growth in the region, partnering with Middle East clients from our US, European, and Asia Pacific offices,” said Rory Altman, Managing Partner of Altman Solon. “Opening and expanding the Riyadh office is central to our regional and global growth strategy, highlighting the pivotal role Vision 2030 and the Kingdom are playing in technology ecosystems worldwide.”
Established in 2020 through the merger of two TMT-focused consultancies, Altman Solon today operates 16 offices globally. The firm advises C-suite leaders on corporate strategy, market entry, product development, mergers & acquisitions, and operational improvements, helping clients navigate the fast-evolving TMT landscape.
Altman Solon has been recognised by Forbes as one of the world’s best management consulting firms for multiple consecutive years.
The Riyadh office
“We already advise leading TMT investors and operators globally, and with our Riyadh office, we are now bringing senior experts on the ground to serve clients directly. We look forward to supporting ambitious M&A, scaling, and AI-driven growth in this rapidly expanding ecosystem,” said Björn Menden, partner at the firm (who previously headed Detecon in the Middle East).
The senior team in Riyadh further consists of Andreas Tiefengraber (partner), Lukasz Nowicki (associate partner), and Osama Al-Dosary (senior advisor). In the coming months, the firm plans to expand its local team with senior leaders and local hires.
“Saudi Arabia is at the forefront of regional transformation, setting the pace for investment and innovation across the Middle East,” said Al-Dosary “By establishing a permanent presence in Riyadh, Altman Solon is well-positioned to bring global expertise to a growing Middle East client base while tailoring to the region’s unique ambitions.”
Nowicki added: “We are excited to open and grow our Riyadh office at a pivotal moment, as Saudi Arabia emerges as a cornerstone of the global TMT ecosystem. We have supported local TMT clients with ambitious growth strategies and landmark cross-border M&A, while helping international investors assess opportunities in the Kingdom. Our presence reflects both the scale of opportunity and our commitment to serving local and global clients.”
Earlier this year, Altman Solon also expanded into the Nordics, picking Sweden as its base for the region.
