Altman Solon acquires Australian TMT strategy consulting firm Venture Consulting
Justin Jameson and David Bornstein to lead Altman Solon’s Australia/New Zealand operation
Sydney, 10 May 2021: Altman Solon, the largest global strategy consulting firm focused exclusively on Telecommunications, Media, and Technology (TMT), today announces its acquisition of Venture Consulting, the largest TMT specialist consulting firm in Australia and New Zealand.
Venture Consulting will start operating as part of Altman Solon in Australia and New Zealand (ANZ) today under the leadership of two of the region’s most experienced and well-respected TMT advisors: Justin Jameson, founder of Venture Consulting, and David Bornstein, prior a leader of Oliver Wyman’s ANZ Communications, Media, and Technology practice. As part of the acquisition, all of Venture Consulting’s employees will join Altman Solon.
With today’s announcement, Altman Solon now has 11 offices worldwide, including a new office in Singapore which opened earlier this year. The new Sydney and Singapore offices now serve as dual Asia Pacific (APAC) hubs for the region’s growing demand for clear, rapid, and tailor-made solutions for companies and investors active in the TMT sectors.
As the world’s largest global strategy consulting firm with an exclusive focus on the TMT sectors, Altman Solon has worked with major telcos, media firms, and technology providers as well as leading global investors across 100 countries and six continents. Venture Consulting has been advising leading TMT companies across Australia and New Zealand for the last 11 years. This deal marks the culmination of a successful, long-running client services partnership between Altman Solon and Venture Consulting.
Justin Jameson, Partner, Altman Solon, said, “I am delighted that my team and I are joining a global consulting firm that shares our values and passion for TMT. After 11 years building close relationships with our clients, this is an exciting next step for them, and all of our team who are making the transition with us today to expand Altman Solon’s impressive global reputation in Australia and NZ and provide significant value for our clients.”
Rory J. Altman, Managing Partner of Altman Solon, said, “We have enjoyed a strong partnership with Justin and the Venture Consulting team for several years. Having worked together to deliver high-quality work for our Australia and New Zealand clients it was clear from the beginning that we shared a common set of values. We are excited to formalise this next step in our relationship and demonstrate Altman Solon’s commitment to the TMT sectors in Asia Pacific.”
David Bornstein, Partner, Altman Solon, said, “Justin and I share Altman Solon’s commitment to building the leading TMT-specialised consulting firm in our region. Coming together was an easy decision. From today, we are already the largest TMT specialist consultancy in the region and scaling rapidly. As Altman Solon, we now bring deep global expertise and capabilities of the world’s leading TMT strategy specialist to our clients, while continuing with the same local insights, experience, and connections.”