|
Dubai: Booz Allen Hamilton (BAH), a global research and consultancy firm, yesterday rebranded its management consultancy subsidiary under a new name - Booz and Company.
"The launch follows the announcement of a strategic investment by the Carlyle Group to buy out the global commercial officers' majority interest in BAH's US government business," a company statement said.
"This will result in the legal separation of the US government and the global commercial firms."
Joe Saddi, chairman of the board of directors said the 'new' subsidiary is completely 'debt free' with a strong balance sheet.
Saddi said the company's growth rate is in excess of 32-35 per cent, while the last two years' growth has been much higher.
Richards Shedial, vice-president of the company, said they are working on two projects with the UAE. They will help with designing and implementing overall strategy of governance as well as with policies related to various public sectors such as education and social services.
In the private sector, the company will be working with different businesses in the fields of telecommunications, media, petrochemical and energy, as well as government-owned properties and assets operated by institutions, Karim Sabbage, vice-president said.
|
