In May 2008, Booz Allen Hamilton announced the divorce of its global commercial business and technology business. The U.S.-based technology business was sold to The Carlyle Group, a private equity investment firm whose advisers have included George H.W. Bush, and operates under the firm’s historic name: Booz Allen Hamilton. The worldwide commercial business—and the IT consultants from the technology business working outside the U.S.— operate under the moniker Booz & Company.
Booz Allen Hamilton is the oldest management consulting firm still in business and claims to be the first to use the term “management consultant.” It has consistently earned high marks as an employer, making it into Fortune’s 2008 Top 100 MBA Employers and 2008 Top 100 Companies to Work For and Working Mother’s 2007 100 Best Companies.
The firm has about 20,000 consultants, and its public-sector expertise is among the best-regarded in the field; in 2007, it did about $1.2 billion in business with the U.S. Department of Defense (and $1.8 billion with the government overall), ranking 24th on Government Executive’s Top 200 Federal Contractors List.
8283 Greensboro Drive
McLean, VA 22102
Phone: 703-902-5000
Website: www.boozallen.com
Ticker: Private company
FINANCIAL AND PERSONNEL HIGHLIGHTS
- 2007 revenue ($M): $4,100
- 1-year growth rate: 10.8 percent
- Number of employees, 2007: 19,000
- 1-year growth rate: 9.8 percent
Recent Highlights
- 2008 Booz Allen Hamilton is sold to The Carlyle Group in a $2.45 billion acquisition.
- 2008 Named to Fortune’s Best Companies to Work For list.
- 2008 Inducted into Training magazine’s Top 10 Hall of Fame.
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