14 Facts About BearingPoint

BearingPoint operates in three business units: Consulting, Products, and Capital.

BearingPoint do not have a defined headquarters, instead operating across 41 offices in 23 countries.

BearingPoint has received a number of awards since the BearingPoint brand was transitioned to an independent European partnership in 2009.

BearingPoint have made a number of targeted acquisitions since 2009.

BearingPoint was late in filing its financial reports through 2007.

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In 2007, BearingPoint had differences with their major client Hawaiian Telcom.

On 10 December 2008, BearingPoint filed a Certificate of Amendment to the Certificate of Incorporation of the company with the Secretary of State of the State of Delaware to effect a previously approved reverse stock split of the company's outstanding common stock, par value $0.

On 13 November 2008, BearingPoint received notice from NYSE Regulation, Inc that the NYSE had decided to suspend BearingPoint's common stock from trading prior to the market opening on 17 November 2008.

On 28 August 2009, control of BearingPoint was transferred to its European management team, with continuing operations owned by about 150 partners in 13 countries throughout Europe.

European BearingPoint partnership has grown its revenues since becoming independent, from €441 million in 2009 to €738 million.

Since 2009, BearingPoint has made acquisitions across the globe and formed strategic alliances with West Monroe Partners in North America, Grupo ASSA in South America, and ABeam in Asia.

In November 2020, BearingPoint sold their regulatory technology business unit, BearingPoint RegTech to Nordic Capital for an undisclosed fee, which since has become Regnology.

In November 2021, BearingPoint announced the spinning-off of its independent digital platform business unit, BearingPoint Beyond, which has since become Beyond Now.

In February 2022, BearingPoint began a collaboration with SAP for carbon neutrality.