Andersen Consulting Acquires The Hampton Group.CHICAGO--(BUSINESS WIRE)--Feb. 27, 1995--Andersen Consulting today announced it has acquired The Hampton Group, a leading strategic and operational consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a for trust, investment services, securities and brokerage organizations. "The investment and securities industries are a large and growing segment of Andersen Consulting's business," said Michael J. May, managing partner of Andersen Consulting's Strategic Services practice for the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry. "Because of its expertise and sterling reputation, The Hampton Group will enhance Andersen Consulting's ability to serve our clients, including banks that offer trust and investment products and services, and pursue new opportunities as financial-services companies confront an unprecedented degree of market change. "With regulatory and legal constraints CONSTRAINTS - A language for solving constraints using value inference. ["CONSTRAINTS: A Language for Expressing Almost-Hierarchical Descriptions", G.J. Sussman et al, Artif Intell 14(1):1-39 (Aug 1980)]. disappearing, allowing lines among industry sectors to blur blur (blur) indistinctness, clouding, or fogging. spectacle blur the indistinct vision with spectacles occurring after removal of contact lenses, especially non–gas-permeable lenses; it is , companies must reevaluate their strategies, processes, employees and technologies to ensure a strong competitive position," noted May. Pat Tsien, president and senior partner of The Hampton Group, said, "Before joining forces with Andersen Consulting See Accenture. , The Hampton Group's greatest challenges had been securing the financial resources to grow the company and providing a full complement of advisory and implementation services to our clients. As part of Andersen Consulting, not only will we continue to help our clients design solutions, we will be better able to execute them by drawing on the firm's broad range of expertise in strategy, processes, people and technology." In addition to Tsien, Lillian Rawan and Roy Ortman, the firm's other partners who have helped develop The Hampton Group's reputation for excellence, have joined Andersen Consulting, along with The Hampton Group's other seven professionals. The Hampton Group, which will retain its name and continue its current industry focus, provides a range of services, including strategic business planning, marketing and sales strategy development and technology-enabled business process design. The Hampton Group will relocate re·lo·cate v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates v.tr. To move to or establish in a new place: relocated the business. v.intr. from 99 Madison Ave. to Andersen Consulting's New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of office at 1345 Avenue of the Americas in New York. The group will operate under the direction of Michael May Michael[1] May (born August 18, 1934 in Stuttgart, Germany[1]) is a former Formula One driver from Switzerland. He participated in 3 Grands Prix, debuting on May 14, 1961. He scored no championship points. . Andersen Consulting's financial services practice contributed $714.7 million in net revenues to the firm's $3.45 billion in 1994 net revenues. Andersen Consulting is a $3.45 billion global management and technology consulting organization whose mission is to help its clients change to be more successful. The organization works with clients from a wide range of industries to link their people, processes and technologies to their strategies. Andersen Consulting has more than 32,000 people in 152 offices and 47 countries. CONTACT: Andersen Consulting Kate Rudden, 212/708-3999 Andersen Consulting Lois Therrien, 312/507-9530 |
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