CapTech expansion in Atlanta creates 100 new tech consulting jobs

24 November 2017 Consultancy.uk

IT management consulting firm CapTech has relocated its presence in Georgia, USA to a new expanded operational centre in Atlanta to 600 Peachtree Street NE, Suite 400 in Midtown. The site is just blocks from Technology Square, a hotly contested territory also inhabited by rival consultancy BDO, among others.

Professional services firm CapTech is a national IT management consulting group that bridges the gap between business and technology. The consultancy arrived in the Atlanta market in September 2016, with plans to create 50 new technology and management consulting jobs by 2018. However, after being required to meet rapidly expanding demand, CapTech's Atlanta consultants have already reached that number, and the company's new goal is to create a total of 100 local consulting jobs in 2018, to add to the firm’s current tally of 900 staff nationwide.

CapTech has offices positioned right across the United States, with presences in Baltimore, Charlotte, Chicago, Columbus, Denver, Orlando, Philadelphia, and the nation’s capital of Washington DC. The firm is headquartered in Richmond, Virginia. Now, responding to its successful arrival in the region, the company has expanded into a new office, located in Atlanta's tallest building. The new location sits in the fast growth hub of technology and innovation in the city’s Southeast. The office is also in close proximity to Georgia Tech, the 7th best Engineering school in the world, giving CapTech direct access to a ready-made stream of new talent. According to Office Lead Boyd Christian, the firm is excited to add to the city’s substantial boom in job creation, which the city has drive by offering major tax-breaks to corporations. "We are equally excited for our rapidly expanding team to be centrally located in the city's hi-tech headquarters and for the proximity to our employees' homes and mass transit.”

CapTech expansion in Atlanta to create 100 new tech consulting jobsAccording to Office Lead Boyd Christian, the firm is excited to add to the city’s substantial boom in job creation, which the city has motivated by offering major tax-breaks to corporations. "We are equally excited for our rapidly expanding team to be centrally located in the city's hi-tech headquarters and for the proximity to our employees' homes and mass transit.”

CEO Kevin McQueen meanwhile emphasised the opportunities that its regional presence has afforded the firm, adding, "We are incredibly proud of the client relationships we have built with Atlanta's Fortune 500 in the past year, and we are delighted with the robust growth we are experiencing in the Atlanta market. We have found that there is strong appetite for our approach to consulting."

Georgia growth

Thanks to considerable city-wide tax-subsidies designed to encourage investment in the state capital of Georgia, CapTech is not the only consulting firm with reported long-term designs on Atlanta. BDO USA were recently said to be considering Atlanta and Miami as potential bases for a new Latin American headquarters. The possible expansion, first reported in the South Florida Business Journal, could create upwards of 100 jobs in Atlanta, which is already home to Chicago-based BDO's Southeast headquarters. The firm presently employs nearly 120 people at 1100 Peachtree, a 28-story office tower in midtown Atlanta. According to a public filing regarding an anonymous company similar to BDO’s profile, if the consultancy were to locate a Latin American office there, it would receive a $3,500 tax credit for each new job created in Georgia over the subsequent five years.

The reports of BDO’s plans followed a continued struggle for dominance in Atlanta, with several professional services firms having announced recently that they would be investing in the area. In September, Accenture, who are in the midst of a $1.8 billion M&A drive, confirmed plans to create 800 jobs and put an innovation centre in Atlanta. Also drawn by the generous tax-measures, in June, Boston Consulting Group said it would create more than 200 jobs and invest $9.2 million in a new regional support centre in Atlanta. Meanwhile, last year, KPMG were reported to have made plans for a 200-employee technology centre in Midtown’s One Atlantic Center, with Big Four rivals Deloitte having picked Atlanta as the site of a technology development centre as of 2014 – the first of its kind for the firm. European firms such as Buck Consultants have similarly made designs on the region, with the Dutch head-quartered firm opening a new Atlanta office last year.

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