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Came up on the news today that they merged with their European partner Solon to form Altman Solon. Should be good news going forward given the increased reach

 

@Int_Consultant, so for TMT, is the new Altman and Solon combo competitive with Oliver Wyman, LEK, etc?

 
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Pre-merger, Altman and Solon were still very competitive for certain types of TMT work, such as, Strategy, CDD, Pricing, etc. Very hard to beat Altman in the US on a telecom project that involved smaller team sizes and the same with Solon in Europe. Going forward, the merger simply means they can leverage larger teams for projects they previously may not have been able to win due to lack of scale which would most likely include transformation work. Not sure if they necessarily want to go down that path. My guess is they did this merger for three reasons:

1) To enhance staffing - easier to staff with relevant skills when you have a larger team, although these teams are cross-border so not sure how they'll work this out 2) To share credentials - Altman can now claim Solon's credentials when they sell new work and vice-versa which can be pretty helpful in winning a project 3) To mobilize larger teams for bigger projects

Short answer to your question: individually, they were always very competitive with OW, Kearney, etc. (atleast in their respective markets). Going forward, they will be more competitive for transformation work and other types of work that require big teams.

 

Will be interesting to see how their exits fare going forward

 

long shot but does anyone know the email format for them (not sure if it's changed post-merger)?

 

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