CIL expands into German market with Munich office

09 June 2021 Consultancy.uk 2 min. read

Strategic consulting firm CIL has announced that it is preparing the launch of a new office in Munich, its third globally following the UK and US.

Founded in 1986, CIL Management Consultants is a consultancy specialised in strategy, growth, mergers & acquisitions (commercial due diligence) and investor support. The London-headquartered firm works for clients across sectors, including corporates and mid-markets companies, as well as private equity firms. 

Commenting on the expansion into Germany, Managing Partner Giles Johnson said: “We have a fantastic track record of working on projects in the DACH region for a number of international private equity houses and corporate clients. Expanding our office network is a natural step forward in ensuring we can serve our clients across key markets even more effectively.”

CIL expands into German market with Munich office

With an estimated market size of €35 billion Germany is Europe’s second largest consulting market. The strategic segment CIL operates in is estimated to be around 10% of the market, according to the BDU, the country’s national association for consulting firms. 

Leading the charge in Germany is Juliane Kaden-Botha, who joins from L Capital Advisors (LCA), where she was a Partner. Before joining LCA, she served as a Vice President with EY-Parthenon(the strategy consulting outfit of EY), predominantly focused on the firm’s private equity and M&A practice across North America and Europe. 

Kaden-Botha has over 15 years of international experience as a management consultant with particular expertise in commercial due diligence, value creation, portfolio optimisation, and identifying strategic merger & acquisition opportunities. 

Meanwhile, CIL has kicked off recruitment for its Munich team to support a planned August launch.

The news comes a year after French strategy consulting firm Emerton also picked Munich as its market entry locale for the German market, and a day after Dutch consultancy Anderson MacGyver announced it will setup shop in Europe’s largest economy.