Asset Management consulting firm UMS Group enters UK market

03 March 2017

Boutique consulting firm UMS Group has entered the UK market, appointing Indraneel (Indy) Chakrabarti as Director for UK to lead the newly launched operation. His primary objectives will be to create sustainable and profitable new business opportunities for the power, renewables and utilities sector specialist and develop and manage a team to build a market position and take the business forward.

Chakrabarti, who brings nearly 20 years of consulting, asset management and financial services sector experience, will oversee the 7th global location for UMS Group adding to existing offices in the US, Netherlands, Germany, Sweden, The Philippines and Australia. The parent firm was founded in the US in 1989 by Jack Shearman (CEO of the Group), with the European headquarters established a decade ago by the Dutchman Jan Schipper.

In addition to management consulting and aviation sector infrastructure asset management experience, Chakrabarti provides a financial perspective with previous exposure in investment banking and insurance covering financial due diligence, banking regulation and compliance, project finance and sponsorship investment evaluation.

During his spell as an independent consultant, Chakrabarti provided strategic overview and asset management advisory support to a number of clients ranging from social media marketing to food and beverage. Focus areas covered operational due diligence and organisational and cultural change integration.

Indy Chakrabarti - UMS Group

As a major part of his new role, Chakrabarti, who holds a Postgraduate Diploma from the European Sponsorship Association in Sponsorship Evaluation and Investment, a Postgraduate certificate in Project Finance from Middlesex Business School in London and a Bachelor of Science (Hons) degree in Business Economics and Accounting from the University of Southampton in the UK, will be responsible for promoting UMS brand recognition within the UK.

Commenting on his decision to the join the consulting firm, Chakrabarti says he was impressed and excited by the ambitious expansion plans of UMS Group that were outlined in a meeting with Jan Schipper and relishes the challenge of developing an organisation in a new environment. Chakrabarti also points out that he felt the situation akin to a new business start-up and wants to be part of this type of venture from cradle through to a viable and prosperous going concern.

“Our ‘trusted advisor’ client approach. Approach, in combination with an international business perspective built through deals across the globe, provide UMS with a solid competitive edge. I firmly believe that the core competitive advantage fundamentals are in place to leverage the UMS business line offerings of strategic and commercial asset management consultancy, risk management and due diligence, global learning consortia and data analytics and insight capability, and create a credible and sustainable presence in the UK market”, remarks Chakrabarti.


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US change management consultancy opens office in London

23 April 2019

One year after UK consultancy Thought Provoking Consulting invested in American change management firm Change 4 Growth, it has opened its first international office in the UK. Change 4 Growth’s new London locale will see the company look to supply organisational transformation solutions crafted over the last several years in the US to British clients.

Specialising in transformational change, American retail boutique consultancy Change 4 Growth (C4G) offers an expansive range of services. This includes organisational change management, culture alignment and engagement, leadership development, training and e-learning and recruitment of staff support. Well-known retail brands such as Abercrombie & Fitch, American Eagle, Chico’s, Eddie Bauer and Ann Taylor are already among C4G’s clients, but since receiving investment from Thought Provoking Consulting in early 2018, the company has been keen to pursue expansion of its own.

Speaking at the time of the deal, Beth Thomas, CEO of C4G, commented, "I’m so excited to be working with Thought Provoking Consulting... The move will allow us to tap into a breadth of retail expertise and help our clients find solutions that are critical in this age in areas such as pricing, promotions, planning, product development and supply chain."

US change management consultancy opens office in London

In 2019, this has seen the Ohio-headquartered consultancy announce the opening of its first international office in London. Led by UK native and Managing Director, David Lucas, the base in Britain’s capital will bring the firm’s holistic service to clients in Europe looking deal with change at every level within their organisations.

Commenting via his LinkedIn profile, Lucas said, “At a time of huge technological upheaval, the importance of organisational and cultural change, married with operational speed and agility, has never been greater. Achieving that balance between people, process and technology for the digital era is the burning platform for most organisations…The C4G team… offers a spectrum of change and re-alignment capabilities and can bring proven approaches, methodologies and solutions to support the UK market.”

In the US, C4G has been able to tap into the fact that disengagement and unhappiness at work have become an epidemic across multiple sectors, resulting in poor business performance and bottom line results. With the UK’s high streets currently faltering due to an influx of e-commerce competition, Brexit pressures, and stagnating real wages, C4G will likely also find fertile ground for its retail-focused transformation services on both sides of the Atlantic.

Remarking on the firm’s arrival ‘across the pond’, Thomas concluded, “Many of our clients are global organisations who have facilities and employees around the world, and as an avid admirer of Britain’s innovative retail community, it has long been my intention to open a C4G office in the UK… With David Lucas, who brings a proven track record of transformational change at the helm and our sister company, Thought Provoking Consulting… we’re more excited than ever to explore the synergies to be discovered in having a UK powerhouse to support not only the retail sector but all industries.”