Acquisition Adds Local-Market Capabilities and Offerings to BCG Digital Ventures in Asia-Pacific
SYDNEY—Global innovation and product development and commercialization firm BCG Digital Ventures announced today its acquisition of S&C, an award-winning strategic-design firm. The acquisition further strengthens BCG Digital Ventures, adding local-market capabilities and operations and accelerating its expansion into Asia-Pacific. BCG Digital Ventures strategically partners with the world’s leading companies to identify technology-driven disruptive opportunities and to transform their business through joint investment in the identification, design, and development of new products, services, and platforms.
As one of the fastest-growing areas of The Boston Consulting Group, BCG Digital Ventures complements BCG’s global breadth of industry and functional capabilities with specialized expertise in digital product innovation, development, commercialization, and investing. This unique value proposition has been the source of considerable demand and growth—expanding to seven locations worldwide—since its launch this past January. BCG Digital Ventures has identified priority markets for regional centers and has chosen Sydney, Australia, as one of the key hubs in Asia-Pacific.
“BCG Digital Ventures partners with leading companies worldwide to create disruptive market offerings,” said Jeff Schumacher, CEO of BCG Digital Ventures. “So we are excited that S&C is now part of the Digital Ventures and BCG team, further accelerating the expansion of our digital innovation platform in Asia.”
S&C is known for its industry-leading intellectual property, which links human needs with business value to create new products, services, and businesses.
Michael Priddis, the founder and a joint CEO of S&C said, “We are delighted to be joining BCG Digital Ventures, and we look forward to applying our unique capabilities and experience in design and product development and to enhancing the company’s growth.”
“The combined capabilities of BCG and BCG Digital Ventures are already having tremendous impact on clients around the world. Having a team of S&C’s caliber as part of Digital Ventures in Sydney will augment our impact in Australia and accelerate our momentum in Asia-Pacific,” said Patrick Forth, global leader of BCG’s Technology, Media & Telecommunications practice and a member of the BCG Digital Ventures board.
To learn more about BCG Digital Ventures, please visit www.bcgdv.com.
To arrange a media interview with one of its experts, please contact:
S&C-BCG Digital Ventures Asia:
Annie Woodhead -- email@example.com, +61 490 091 163
S&C-BCG Digital Ventures US:
Marcy Simon – firstname.lastname@example.org, +1 917 833 3392
David Upton -- email@example.com, + 61 (0) 409 440 615
Madeleine Desmond – firstname.lastname@example.org, + 1 212 446 2856
Founded in January 2014, BCG Digital Ventures is a first-of-its-kind digital-innovation product development and commercialization firm that works with the world’s leading companies to develop, launch, and grow digital products, platforms, and businesses. The firm, headquartered in Manhattan Beach, California, has offices in Berlin, Boston, London, Seattle, San Francisco, and Sydney. Its world-class, multidisciplinary team of innovators and investors possesses a vast range of experience and insight to create disruptive market offerings for BCG’s clients. To learn more about BCG Digital Ventures, please visit www.bcgdv.com.
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation—inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact.
To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures—and business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.