Boston Consulting Group buys stake in TSG Consulting

01 October 2015 2 min. read

The Boston Consulting Group (BCG) has acquired a non-controlling stake in Australian advisory TSG Consulting. The aim of the deal is to provide TSG with a pathway to global expansion while providing BCG with the latest techniques in simulation and operational management. The size of the stake taken by BCG has not been disclosed.

Formed in 1999, TSG Consulting is an Australian consulting firm whose primary focus is supporting the mining and resources sector. The firm provides a wide range of capabilities in capital and operations modelling, with its initial focus of mining and resources expanded to include health care, and transportation. The firm’s principal offerings include dynamic simulation, operations optimisation, scheduling, analytics and statistical modelling as well as decision support. TSG Consulting has offices in Brisbane, Melbourne and Perth, Australia; and Santiago, Chili.

The deal will see BCG take a minority stake in TSG, which will continue to operate independently to serve existing clients. The stake will see BCG consultant teams work jointly with TCG teams to provide enhanced modelling capabilities to an expanded client base through synergies in business development and execution.

Simon Miller, a BCG partner based in Sydney who will join TSG’s board as a non-executive director, says about the deal: “TSG has helped its clients save billions of dollars by improving capital investment decisions, removing bottlenecks, and improving throughput. We’ve successfully worked with TSG on many engagements and are delighted to make this investment today and to extend this offering to our clients.”

Craig Stewart, TSG’s managing director based in Brisbane, says: “We’re excited to be joining the broader BCG family and look forward to using our capabilities to support BCG’s clients globally.”

BCG deals

Recently BCG acquired BrightHouse, a US based consultancy specialised in ideation management and “purpose-driven” advisory, and stroke a partnership alliance with Cast to improve its Technology Advantage practice. In Australia the strategy consultancy last year bought Strategic & Creative (S&C), a digital design firm based in Sydney, which formed the fundament of its ‘BCG Digital Ventures’ business unit in the country.