Business Development and PR Firms Used by Management Consultants

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Business Development and PR Firms Used by Management Consultants

Below is a summary of key findings for business development companies and public relations firms. The findings identify top five business development companies that work with management consulting firms and top five public relations agencies that have served a number of leading management consulting firms.

Top Business Development Companies (BDC)

Definition
Business Development Corporation of America (BDCA)
Medley Capital Corporation (MCC)
Apollo Investment Corporation
Portman Ridge Finance Corporation
Barings BDC

Top Public Relations (PR) Firms

Edelman
Prosek Partners
Pierpont Communications
Highwire Public Relations
Lanson Intermarket

Research Strategy

To carry out this research, we separated our research into two categories: BDC and PR. Our research suggested that the top BDCs generally cover a variety of industries (not inclusively management consulting). We began our search with a list of top BDCs by market capitalization (if publicly traded) and asset under management of at least $1 billion (if private). We did not include top BDCs that we were unable to verify if they worked with management consulting firms. By law, BDCs work to support small and medium-sized companies; thus, it is highly unlikely that top consulting firms use their services. Please note that many of BDCs are subsidiaries of investment management firms that share similar names.

As for PR firms, we began with a list of firms ranked by their net fees (revenues). We ran searches for the previous works that these firms had done for top consulting firms identified in the initial research. Our research suggested that these consulting firms had used different PR firms at different occasions. We selected the PR firms ranked in the top 100 that made their projects with the consulting firms publicly known.
Sources
Sources