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BCG Continues Its Steady Growth and Announces Three New Offices

BOSTON, MA--(Marketwired - Apr 10, 2013) - The Boston Consulting Group (BCG), one of the world's leading management consulting firms, announced today that it recently opened three new offices -- in Montreal, Seattle, and Bogotá -- enlarging the firm's global footprint to 78 offices in 43 countries.

The announcement follows a strong performance in 2012, when the firm generated $3.7 billion in worldwide revenue, up 9 percent over the previous year (in constant dollars). At the same time, BCG increased its global consulting staff by 11 percent, to 6,200.

"BCG's strong, steady growth and our expanding global footprint are a real tribute to the talent of our people, especially in these uncertain times," says Rich Lesser, who became the firm's president and CEO in January. "Our consultants have an exceptional ability to work with clients to generate great value."

Since 2002, BCG's revenues have more than tripled. Lesser believes that the firm, which is celebrating its 50th anniversary this year, is well positioned to continue growing faster than its major competitors: "Along with strong hiring from our traditional sources, we are looking to recruit more people with industry and functional expertise at all levels." In addition, each of the three new offices will bring fresh opportunities.

Montreal is BCG's second office in Canada, after the one in Toronto, which opened in 1993. "This office builds on our strong Canadian client base, coupled with an exciting market with many important companies across many sectors," Lesser says. "Montreal is also an important recruiting location for French-speaking Canada."

Seattle is a natural extension of BCG's West Coast office system, which is rooted in Los Angeles and San Francisco. "Seattle offers a strong platform for developing deeper relationships with a host of current and prospective clients throughout the Pacific Northwest. We're excited to have a more permanent presence in this large and growing market," Lesser says.

Bogotá is BCG's first office in Colombia, which has the third-largest economy in South America. "We have a great reputation in this dynamic region, thanks to our offices in Brazil, Argentina, and Chile," Lesser says. "We look forward to serving a range of new clients."

A continuous emphasis on developing and retaining talented people remains the firm's key driver of success, Lesser stresses. As an example, he cites the firm's consistently strong performance on third-party rankings, such as FORTUNE magazine's "100 Best Companies to Work For" list: For the third year in a row, BCG ranked in the top five in 2013, placing fourth overall.

For more information, please contact Eric Gregoire at +1 617 850 3783 or gregoire.eric@bcg.com.

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 78 offices in 43 countries. For more information, please visit bcg.com.