Sia Partners expands in America with Montreal office

28 August 2014

Sia Partners, a French based management consultancy, has announced expansion plans in Canada, with the opening of a new office in Montreal. The Canadian office is the firms’ second in North America, following its New York office which it acquired last year.

Since its launch in 1999 in Paris, Sia Partners has over the past 15 years grown strongly. Last year it significantly boosted its scale and global footprint through the acquisition of the international network of counterpart Investance, which added 60 consultants in four locations: Londen, New York, Singapore and Hong Kong. Sia Partners currently has more than 500 consultants, across several offices in Europe, Middle East, Asia and North America. The consultancy firm positions itself in the space between the pure-play strategy players (e.g. McKinsey, BCG), the large accounting and consulting firms (e.g. Big 4, BDO) and the system integrators (e.g. Capgemini, CGI).

Sia partners banner

Expansion in North America

In line with the firm’s expansion plans in North America, Sia Partners has decided to open a new office in the Canadian city of Montreal*. The advisory company already had a presence in the country– through its New York office and satellite operations in Toronto – yet to meet the rising demand for its services, mainly in the financial services sector, the firm has now opted for on-the-ground location in Canada. In addition to the office opening, Sia Partners has announced that it will hire new talent to boost its current North American team of roughly 50 consultants in the coming months.

According to Matthieu Courtecuisse, CEO of Sia Partners, the expansion is mainly driven by the larger service portfolio the firm now offers to its approximately 15 clients in the region. “Over the past two years, we have been mainly providing Corporate & Investment Banking and Asset Management services on hot topics such as the Dodd Frank Act including the Volcker Rule, FATCA and AML. Now our offer is becoming more and more complete for financial institutions, covering regulatory framework and response initiatives, business transformations, Compliance and IT control solutions.”

Matthieu Courtecuisse and Dan Connor - Sia Partners

Dan Connor, Head of Sia Partners in North America, adds: “A number of MSAs with large banks have been signed that are promising in the near future”. As a result, Connor expects that the firm will break-through the barrier of $10 million in revenues in the coming 12 months. Sia Partners has in addition stated that it plans to open a 3rd North American office by the end of 2015, although it has not provided further details on the location.

* The address in Montreal is: 600 de Maisonneuve Boulevard West, Suite 2200, Montreal, QC H3A 3J2.


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Newcastle consulting firm opens Baghdad office

05 April 2019

A Newcastle-based consultancy has announced it will open its first office in Iraq. The news comes despite warnings that the area remains “high risk” for businesses.

16 years after the start of Operation Iraqi Freedom, the nation remains a shadow of its former self. The continued chaos wrought by the Iraq War – which eventually played a role in the rise to prominence of Daesh, further destabilising the region – means that even now, the nation’s capital is deemed to have the lowest quality of living in the world. According to a recent survey from Mercer, Baghdad ranked last overall – immediately below Bangui of the Central African Republic and Damascus in Syria – despite the other two being determined as the worst cities on the planet for personal safety.

However, as with the wider Middle East, the oil-rich state presents a lucrative destination to businesses willing to take the risk. To that end, a Newcastle recruitment consultancy has announced the opening of its first presence in Iraq’s capital city. Samuel Knight has taken the decision to open its Baghdad locale in order to grow its business in the Middle East.

Newcastle consulting firm opens Baghdad office

While businesses remain wary of the region, Samuel Knight specialises in recruiting talent in the energy and rail sectors, and in a release it said the new office would continue to focus on these areas. It will also allow the firm to make sure it abides by local compliance laws. The new location will be headed up by Haider Kadhim, Samuel Knight’s Iraq country manager, who will work as the first point of contact for clients and candidates. Representatives from the Department of Trade Industry are expected to attend a launch event for the office, which will be held this month.

Commenting on the new office,  a spokesperson for Samuel Knight said, “We probably don’t see it as a risk, but more of an opportunity, as we operate in the Middle East extensively already. We have contacts in place in the country location and with the consultants we have. We felt it was a great opportunity to expand into a country we are already doing work in. It means we have an on-the-ground team to help our clients. From our perspective, it is that we are looking to expand into new territories, but we are also supporting countries that are starting to redevelop after years of warfare.”

Steve Rawlingson, CEO at Samuel Knight, said, “Our aggressive five-year growth plan is manifesting at  an impressive rate, taking the company to exciting new territories. The team is working diligently to surpass expectations set out in the plan, and to ensure Samuel Knight is cemented as the leading global energy and rail recruitment specialist. Our Baghdad office will give us a distinctive edge over our competition and allow for more exciting business opportunities. Once the office becomes more established and client acquisition develops, we will certainly be adding more consultants and manpower in the city.”