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BearingPoint and West Monroe Partners Enter Into Strategic Consulting Alliance

AMSTERDAM, THE NETHERLANDS and CHICAGO, ILLINOIS -- (Marketwire) -- 03/24/10 -- BearingPoint and West Monroe Partners today announced a strategic consulting alliance to expand their global market coverage and to better provide services to their international clients. Both firms offer business consulting services to help solve their clients' most important and broader business issues. While BearingPoint has European roots, West Monroe Partners is active in the North American management consulting market.

Under the terms of this agreement both firms will refer business opportunities, collaborate on client work in Europe, North America and beyond and share intellectual capital. BearingPoint and West Monroe Partners will continue to focus on their respective local markets, while collaborating on projects that require worldwide reach.

"I am truly excited about this alliance, which marks the beginning of a global consulting network. West Monroe Partners is the up and coming management consulting firm in the US and the ideal strategic consulting partner for us to grow with over time. The nature of our businesses is remarkably similar. We share values, culture and scopes of practice. Our clients will benefit from extended global services in the field of business consulting", said Peter Mockler, Managing Partner at BearingPoint.

"This is excellent news for our clients," said Dean Fischer, President & CEO at West Monroe Partners. "We have identified an increasing number of opportunities with our clients which tie to the most visionary elements of their business. This alliance makes it possible for our clients to work with us on even more strategic projects that span international locations."

About BearingPoint:

BearingPoint delivers Business Consulting with both Management & Technology capabilities. Owned and operated by its Partners throughout Europe, BearingPoint is offering its clients the best possible value in terms of tangible, measurable results by leveraging business and technology expertise. The company currently employs 3,250 people in 14 European countries and is serving commercial, financial and public services clients.

BearingPoint offers its clients a seamless cross-border approach, strong focus on results, an entrepreneurial culture, profound industry and functional knowledge as well as solutions customised to clients' specific needs. The firm ranks high in client satisfaction, has long-standing relationships with reputable organisations and is seen as a trusted adviser. BearingPoint has European roots, but operates with a global reach. For more information, please visit: www.bearingpointconsulting.com

About West Monroe Partners:

West Monroe Partners is a North American full-service management consulting firm focused on guiding organizations through projects that fundamentally transform their business. With the experience to create the most ambitious visions as well as the skills to implement the smallest details of our client's most critical projects, West Monroe Partners is a proven provider of growth and efficiency to large enterprises, as well as more nimble middle-market organizations. Their consulting professionals drive better business results by harnessing experience across a range of industries, serving clients out of offices across the US and Canada. For more information, please visit: www.westmonroepartners.com

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