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September 2019
Management Consulting
According to IBISWorld, the management consulting industry is massive ($241b) and growing (+4% over the last 5 years). Furthermore, the number of businesses has grown by 3% over that same time period. Despite an increasing number of business openings in the space, M&A activity has been brisk as larger players seek to gain share/talent through acquisitions, while smaller firms attempt to achieve critical mass and move upmarket.