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March 2020
Management Consulting
Management Consulting is a mature industry, characterized by its large size, and GDP-like growth rate (3% on average from 2014-2019). Slow, organic industry growth has given way to robust M&A activity, as the overall industry still remains fragmented. Larger players seek to gain talent to drive revenue growth, while smaller firms attempt to achieve critical mass and move upmarket. As growth through M&A remains attractive, it will continue to fuel transactions in the market.