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Baringa Partners Expands Into Central Europe – Integration Of The Executive Partners Group

Date 06/09/2011

Baringa Partners LLP, the leading independent management consultancy specialising in the energy, utilities and financial services sectors, is expanding into Central Europe by integrating the business of the Germany-based management consultancy firm, The Executive Partners Group. The Baringa management team will be strengthened by the addition of the Managing Director of the Executive Partners Group, Maik Neubauer. Maik’s experience as former COO and Board Member of the European Energy Exchange (EEX) and in several management positions at consulting organisations including IBM Global Services and C1 Group, will enable the development of Baringa’s presence in Germany, Austria, Switzerland and Eastern Europe.
 
Baringa Partners LLP has enjoyed continuous growth since it was founded in 2000 in the UK and has developed a strong client base comprising blue-chip energy companies and banks across Europe. The company employs 200 consultants and in 2010 it generated a turnover of more than £35m / €39M. This move formalises Baringa’s presence in Germany, and is a demonstration of its commitment to the European market, in which it has been active for some time.
 
“With the integration of the Executive Partners Group, and a reinforced presence on the ground in Europe, Baringa Partners creates the foundation for sustainable support of our established client relationships in Germany as well as future growth across Central and Eastern Europe,” said Mohamed Mansour, Managing Partner at Baringa. “We are pleased to bring Maik Neubauer on board, as part of our European management team: the combination of his networks and experiences with our capabilities provides a strong base from which to deliver for clients at the highest possible level on major projects. Together we will continue our company’s growth across the region.”
 
Maik Neubauer, current Managing Director of the Executive Partners Group, will join the German subsidiary of Baringa LLP as a new Partner and help to expand the business in the D-A-CH region and in Eastern Europe. As part of the integration, the business activities of the Executive Partners Group will be transferred to Baringa Partners LLP. The company will initially be represented in the German market with offices in Düsseldorf and Hamburg.
 
The focus of the Germany-based practice will continue to be the provision of consulting services for companies in the energy, utilities and finance sector, assisting clients with complex organisational, business management, technological innovation and transformation projects.