goetzpartners opens Dubai, Middle East office, 14th globally

08 July 2016 Consultancy-me.com

German advisory firm goetzpartners has expanded into the Middle East with the opening of a new office in Dubai, which marks goetzpartners’ fourteenth office globally. 

Founded in 1991, goetzpartners is a management consulting and financial advisory firm with more than 300 professionals, advising clients across all major industries.

In line with its growth strategy, the firm has expanded its wings to the Middle East, opening an on the ground operation after serving the market for years through its network of European and Asian (Beijing, Shanghai) offices. The Dubai office of goetzpartners will initially focus on providing consulting services in the high-growth sectors of telecommunications, smart energy, education and public administration.

“We are establishing a local presence for many of our customers in one of the most strategically important and fastest-growing regions of the globe. Because digital transformation doesn’t stop at international borders, we can provide customers with an even better consulting service for the strategic alignment of their core business, and in matters affecting their portfolios,” said Stephan Goetz, co-CEO and co-founder of the consultancy.

Erik Almqvist - Managing Direct of goetzpartners Middle East

Dubai head: Erik Almqvist

To head the new office, Goetz and the firm’s other co-CEO and co-founder, Stefan Sanktjohanser, have appointed Erik Almqvist, a veteran with almost 25 years’ experience in management consulting, as Managing Director for the Middle East. Almqvist joined from Analysys Mason, where he was Head of the Middle East and Global Head of the firm’s Performance Improvement practice. He previously worked six years for Arthur D. Little as a partner, seven years as the leader of his own consulting company, and seven years at Arkwright, a Northern European management consulting firm with offices in Oslo, Stockholm, and Hamburg. 

Almqvist has been tasked with growing goetzpartners’ presence it he region, a consulting industry estimated to be worth around $2.7 billion, of which Saudi Arabia accounts for almost half. In doing so, he has over the course of the past months hired a team of consultants – “a well-balanced mix of young consultants and proven region and industry experts,” he remarked. 

Asked how goetzpartners will differentiate itself from the competition in the Middle East – Dubai is home to many of the globe’s top names, including the likes of McKinsey, BCG, Bain, Strategy& and the Big Four, Almqvist stated, “Companies are facing the challenge of how to implement innovative business models quickly and sustainably. With its unique combination of corporate finance and management consulting, goetzpartners is well suited to address precisely this demand.”

The addition comes two months after goetzpartners expanded into North America with an office in New York and is the firm’s fourteenth globally.