The Boston Consulting Group acquires stake in TSG Consulting

Press release
Published August 27th, 2015 - 10:14 GMT

The Boston Consulting
The Boston Consulting

The Boston Consulting Group (BCG) today announced that it had acquired a minority stake in TSG Consulting, one of the world’s leading advanced-analytics firms specializing in simulation and optimization. The size of the stake and the investment were not disclosed.

An exclusive strategic partnership between the two firms will bring leading-edge advanced modeling capabilities to a broader range of clients worldwide, according to both firms.

TSG Consulting, with a heritage in mining and resources, was formed in 1999 to model mining capital investments. Today, its capabilities—which extend across capital and operations modeling in mining and resources, health care, and transportation, as well as emerging experience in telecommunications, manufacturing, and building materials—include the following:

  • Dynamic simulation
  • Optimization
  • Scheduling
  • Advanced analytics and statistical modeling
  • Decision support

“TSG has helped its clients save billions of dollars by improving capital investment decisions, removing bottlenecks, and improving throughput,” said Simon Miller, a BCG partner based in Sydney. “We’ve successfully worked with TSG on many engagements and are delighted to make this investment today and to extend this offering to our clients.”

TSG will continue to operate independently and serve its existing clients but will increasingly work jointly with BCG teams to enhance the value that BCG and TSG can deliver together, added Miller, who will join TSG’s board as a nonexecutive director.

Craig Stewart, TSG’s managing director based in Brisbane, said, “We’re excited to be joining the broader BCG family and look forward to using our capabilities to support BCG’s clients globally.”

TSG will continue to serve clients from its network of four offices in Brisbane, Melbourne, Perth, and Santiago. Further information about TSG’s capabilities is available at www.tsgconsulting.com.au.

About The Boston Consulting Group

The Boston Consulting Group (BCG) is a global management consulting firm and the world’s leading advisor on business strategy. We partner with clients from the private, public, and not-for-profit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization. This ensures that our clients achieve sustainable competitive advantage, build more capable organizations, and secure lasting results. Founded in 1963, BCG is a private company with 82 offices in 46 countries. For more information, please visit bcg.com..

Background Information

The Boston Consulting Group

BCG began not as another management consulting firm but as a pioneer of bold, new approaches to running a company.

Helping organizations make the changes needed to seize competitive advantage—and to win—has always been BCG’s raison d'être. Since 1963, we have been helping leaders and their organizations build lasting advantage. The independent spirit handed down from Bruce Henderson, BCG's founder—always challenging the status quo—has given the firm the courage to look beyond the obvious to find solutions for more than 50 years.

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