Arthur D. Little has signed a strategic partnership agreement with Solidiance, an Asian-based strategic advisory firm. With the partnership the global management consulting firm aims at increasing its business network in the Asian region.
Solidiance was founded in 2007 and focuses on the services growth strategy, sales and marketing and innovation. The advisory firm has eight offices in Asia, including China, India, Singapore, Malaysia and Thailand.
Focus on Asia
Following the management buy-out from Altran in December 2011, the partners of Arthur D. Little agreed a new strategic roadmap. The cooperation with Solidiance is an extension of one of its key strategic pillars – enlarging its global footprint, especially in emerging markets.
Arthur D. Little and Solidiance are not new to each other, over the past two years firms have collaborated on a number of consulting projects. With the partnership, the two companies will pursue a more extensive collaboration, including joint client acquisition and joint delivery on projects. The consulting firms will remain independent legal entities and also maintain an independent branding and go-to-market.
In a reaction to the partnership, Yonoshin Mori (Arthur D. Little Japan)said: "Asia is globally one of the core growth regions. By forming a partnership with Solidiance, we will be able to provide an even higher level of consulting services to global companies operating in Asia, combining local expertise and in-depth knowledge of technology and business".
Solidiance's Managing Partner Damien Duhamel adds: "We are absolutely delighted to partner with Arthur D. Little, the oldest management consulting firm in the world (see also: ‘ADL celebrates 125 years anniversary’. Our people-focus and customer-centric mindsets are very much alike. As such, we believe the combination of our strengths will offer clients better service".