The Parthenon Group

THE SCOOP

Temple of consulting expertise

The Parthenon Group is a business strategy consulting outfit with expertise in corporate strategy, private equity, education and health care.  Founded in 1991 by two former Bain consultants-John Rutherford and William Achtmeyer-the firm's 250-plus consultants operate out of offices in Boston, San Francisco, London, Mumbai and Shanghai. Parthenon's clients include Global 1000 corporations (eg, ThomsonReuters and eBay) , as well as high-potential growth companies, private equity clients, health care and education clients, and nonprofit groups.

Parthenon times two

In 1997, founding partners Rutherford and Achtmeyer decided to split up the company's practices.  Achtmeyer assumed leadership over the strategy side of the business, while Rutherford took over Parthenon Capital, a private equity firm. The two are now legally separate entities. 

In it for life

The Parthenon Group's approach to business is to form "life-long partnerships" with clients-and it pays more than just lip service to that mantra.  As one of the original innovators of "at risk" consulting, the firm has offered unconventional risk-sharing payment structures, including offering services in exchange for equity and success fees.    Traditional billing is available to clients, but Parthenon says it works best when accountability is highest and when it has a personal commitment to achieving results for a client.

A different kind of capital

The Parthenon Group is as proud of its ability to produce intellectual capital as it is of its ability to produce spending capital.  The firm regularly produces scholarly materials on business trends and insights. The Parthenon Perspectives include the firm's point-of-view on  different aspects of the firm's target industries and businesses.

Helping by example

Parthenon Chairman Achtmeyer sets a good example for his staff when it comes to philanthropic causes.  In addition to managing his firm, Achtmeyer is also the former chairman of the Massachusetts Society for the Prevention of Cruelty to Children, and is currently the Chairman of Tenacity, an Overseer at the Museum of Fine Arts, a Governor for the Handel and Haydn Society and a Trustee of the Boston Symphony Orchestra.  He has instilled the same kind of commitment to charity work at his firm, which, since 1993, has contributed over $4 million to charitable causes. Achtmeyer also leads by example by being a frequent participant in the numerous charitable events, fundraising competitions and days of service in which all of the office get involved.

IN THE NEWS

July 2012

Parthenon Expands Global Footprint In Merger With Shanghai-Based Consulting Firm

Parthenon expanded its global footprint with a fifth office based in China through a merger with New Pacific Consulting. New Pacific Consulting is a leader in providing advisory services to private equity firms and industrial companies investigating opportunities in China. With this merger, Parthenon augments its breadth and depth of private equity and industrials expertise while building its resources to administer its world-class advisory services for other areas of industry expertise, such as consumer, education, healthcare, and information and media in this region.

▲ Show Less▼ Show Full Description


The Parthenon Group


50 Rowes Wharf
Boston, MA 02110
Phone: (617) 478-2550
Fax: (617) 478-2555
www.parthenon.com

STATS


  • Employer Type: Private
  • Chairman & Managing Partner: William F. Achtmeyer
  • 2013 Employees: 250

  • Employment Contact

    recruiting@parthenon.com


  • Major Departments & Practices

    Consumer

    Education

    Healthcare

    Industrial

    Information and Media

    Private Equity

Major Office Locations

  • Boston, MA (HQ)
    San Francisco, CA
    London
    Mumbai
    Shanghai

Become a Vault Basic Member

Complete your Vault Profile and get seen by top employers