After a one-year partnership, Australian Strategy Partners has been admitted into the integrated OC&C Strategy Consultants network.
Effective May 1, 2022, Australian Strategy Partners will change its name to OC&C Strategy Consultants, becoming the firm’s 14th office globally. Founded in 1987, OC&C Strategy Consultants is headquartered in London.
“We are delighted to formally integrate and become full partners. Our collaboration with OC&C Strategy Consultants has been a cornerstone of our success and the formal integration will help reinforce and accelerate the significant growth achieved to date,” said Jeremy Barker, Managing Partner and Founder of Australian Strategy Partners.
Founded in 1987, OC&C Strategy Consultants is one of the few global strategy consulting firms that over the years has decided to stick with a pure-play strategy consulting model (from larger competitors such as the MBB have diversified in particular in the areas of organization, restructuring, digital, etc. of work). OC&C specializes in three areas: corporate strategy, mergers & acquisitions (commercial due diligence) and growth.
Australian Strategy Partners was founded in early 2021 by a group of former EY-Parthenon seniors (Jeremy Barker, Maurice Violani and Mark Blackwell) with a similar vision – to offer independent strategic advice.
“When Port Jackson Partners was taken over by EY [in May 2020] we saw a gap in the local market for high-quality, independent strategic advice,” Barker said at launch. “It really provided a window for us to go out on our own and build something independent.”
Over the past 15 months, Australian Strategy Partners has grown into a team of 12 employees. During this time, the company has worked exclusively with OC&C on cross-border and domestic assignments, serving clients in consumer goods, retail, leisure and hospitality, media, technology, industrial products and services and private equity.
“Since our inception, we have completed 14 strategy projects for corporate clients and 20 due diligence projects for private equity clients,” Barker said. Some of the financial sponsors the firm works for include Advent Partners Quadrant Private Equity, ROC Partners and The Riverside Company.
Now part of a global consultancy with approximately 75 partners and 600 employees, Barker said the company will benefit from OC&C’s extensive expertise and network. “It’s hard to compete with a small local shop. Global connectivity is important,” he said, adding that for this reason, joining a global strategy company was always part of the plan when the trio of co-founders founded the company.
“For our staff, this means access to global opportunities for learning and development, projects and transfers.”
“And for our clients, it means a real choice for independent strategic advice, freed from having to sell a plethora of adjacent services.”
OC&C’s entry into Australia
Meanwhile, for OC&C Strategy Consultants, the full integration marks its official entry into the Australian strategy consulting market, which Barker says continues to be robust and is set to see further growth.
Will Hayllar, Global Managing Partner of OC&C, said: “After an extremely successful partnership to date, we are extremely excited to welcome Jeremy, Maurice, Mark and their team to OC&C and continue to grow our business. In the region.
“Our global customers have seen the benefits of strong on-the-ground capability in Australia. By deepening our collaboration as a global company, we are better positioned to serve our clients, unlock compelling opportunities for our people and reinforce our vision of being the best home for the best strategy talent.
The joining of forces comes three months after OC&C Strategy Consultants resumed its activities in Benelux, welcoming back a team from EY-Parthenon who, five years earlier, had left OC&C for the firm Big Four (at the time , OC&C did not function as an integrated partnership).