Simon-Kucher opens new Chicago office to serve Midwest clients

13 June 2018 3 min. read

Just weeks after debuting its first office in Africa, global strategy consultancy Simon-Kucher has opened its sixth in the US. The new Chicago office will serve both the larger metropolitan area and the Midwest.

The Chicago office is Simon-Kucher’s first in the US that doesn’t sit on the east or west coasts. It joins Atlanta, Boston, Mountain View, New York, and San Francisco and makes the US the country where the German-headquartered consulting firm has its largest presence. The firm has five offices in Germany and a total of 36 spread across 24 countries.

One of the world’s largest strategy and marketing consulting firms, Simon-Kucher expects the Chicago venture to bring it closer to clients in the US heartland, specifically the MidWest region. It comes amid a flurry of recent openings, with 2018 also welcoming new offices in Mexico, China, and Egypt.

“Work in recent years shows our expertise in pricing, marketing, and sales is enormously sought after in the US,” said Georg Tacke, CEO. “Opening another office there is the next logical step to develop our presence in the world’s largest consulting market. The Chicago site fills some of our white spots on the US map and serves both the Chicago greater metropolitan area and the Midwest.”

Simon-Kucher opens new Chicago office to serve Midwest clients

The new office can be found at The Loop and nestles Simon-Kucher in the midst of a booming metropolitan area which is home to 34 Fortune 500 companies. It will be managed by Stephen Dunbar, a director and life sciences specialist who will be relocating from the Boston office.

“As home to over 400 major corporate headquarters, Chicago brings us closer to firms within industries that can benefit most from our expertise,” said Dunbar. “Biotechnology, chemicals, energy, health services, IT, manufacturing, medical technology and other industries are all well-represented here. We look forward to strengthening our existing relationships and building new ones with Chicago-based clients.”

Globally, the consulting firm has enjoyed remarkable recent growth. Revenues neared the $300 million mark in 2017, the highest in its 33-year history, and have more than tripled in the past decade. Simon-Kucher is also aggressively headhunting – adding hundreds of new employees last year. Total headcount is expected to jump from 1,100 to more than 2,000 by 2023.

The new Chicago office will, however, face stiff competition. The Windy City is also home to Big Three strategy consultancies McKinsey, Bain, and BCG. Capgemini, LEK Consulting, and Booz Allen are among the many consulting and professional services firms with a presence in the third-most populous state in the US, while West Monroe Partners was recently named among the city’s best places to work.