Baringa Partners defies market with year-end results

Baringa Partners completed a successful financial year on June 30, 2009. The company grew its revenue from across Europe by 25 per cent to more than £20 million. Revenue growth was accompanied by a 25 per cent increase in head-count, and the company now has more than 120 consultants specialising in defining and delivering business and technology change programmes across the energy, utilities and financial services sectors.

Mohamed Mansour, managing partner of Baringa says: “Despite the difficult macro-economic conditions, the opportunities in commodities markets, the existence of significant post-merger integration challenges, and the need to address fundamental market issues, such as smart metering, have led to a growth in demand for the services we provide. As a privately held and nimble organisation, Baringa has been able to adapt to clients’ demands and requirements and our ongoing focus on experience and value has resonated with organisations facing ever greater pressure to ensure measurable returns from their investment in professional services.”

The last year has seen Baringa Partners complete strategically important, high-impact projects, and has cemented its reputation for managing large, multi-stranded change programmes across a wide variety of businesses. It has also built on its capabilities in the field of post-merger integration to deliver value for a number of leading organisations in both the financial services and energy sectors.

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