Advention Business Partners

What Advention Business Partners does

Advention Business Partners is an independent, founder-led strategy consulting firm established in 2001 and headquartered in Paris, France. The firm operates through five fully-owned offices in Paris, London, New York, Dubai, and Shanghai under a single global P&L, delivering corporate strategy, growth strategy, performance improvement, and transaction support services to private equity investors (300+ globally, 70%+ multinational) and corporate clients across healthcare, consumer goods and retail, industrials, business services, media, telecommunications, technology, and government.

The firm's offering is a unified strategy consulting service rather than a software product. Core practice areas include corporate and business unit strategy (portfolio analysis, vision definition, ESG strategy), growth strategy (market sizing, entry strategy, pricing), performance improvement (operational efficiency, change management, turnaround), and transaction support (M&A strategy, due diligence, business planning, synergy evaluation). Delivery relies on senior partner-led engagement teams, sector-specialist expertise, multilingual analytical capability across 10+ languages, and fact-based frameworks rather than proprietary technology platforms.

Advention generates revenue through project-based professional services fees tied to engagement scope, team composition, and duration. Pricing is not publicly disclosed and is customized per mandate. The firm is privately held by its three founding partners (Jean-Michel Schmitt, Alban Neveux, and Frédéric Missé), with no external institutional ownership disclosed, and has no funding history or public market listing. Revenue figures are not publicly disclosed. The firm has been recognized by Forbes as a World's Best Management Consulting Firm in 2022 and 2024, was ranked the #1 strategic adviser to PE firms in France by deal volume from 2005 to 2015, and maintains near-100% client retention with relationships exceeding 20 years.

Name

Advention Business Partners

Legal name

Advention Business Partners, S.A.S.

Website

https://adventionbp.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

51–100 employees

Short description

Advention Business Partners is an independent, founder-led boutique strategy consulting firm headquartered in Paris with five global offices serving 300+ private equity investors and corporate clients across healthcare, consumer goods, industrials, and other sectors with senior-partner-led strategy and transaction advisory engagements.

Ownership category

akta.pro rank

Product category

Management Consulting

NAICS

Marketing Consulting Services (541613)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG)

akta.pro secondary industry

Strategic Partnerships, Alliances & JVs Advisory (BPAHADAI)

Keywords

• Strategy consulting
• Private equity advisory
• Transaction support
• Growth strategy
• Performance improvement

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Strategy Consulting Services: Advention generates revenue through professional strategy consulting engagements including corporate strategy, business unit strategy, growth strategy, performance improvement, and transaction support services. Revenue is derived from project-based fees for advisory engagements with corporations and private equity investors.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Advention Business Partners is an independent, global strategy advisory group that delivers customized consulting engagements to corporations and private equity investors. Its core offering spans four practice areas: Corporate and Business Unit Strategy, Growth Strategy, Performance Improvement, and Transaction Support (including M&A advisory, due diligence, and synergy evaluation). Engagements are project-based and led by senior partners, drawing on sector expertise across healthcare, consumer goods, industrials, business services, media, transportation, and financial services.

Product overview

Advention Business Partners is an independent strategy advisory group offering a unified consulting service rather than a software product. Their core offering is strategy consulting, which encompasses four main practice areas: Corporate and Business Unit Strategy (portfolio analysis, vision definition, ESG strategy), Growth Strategy (market sizing, entry strategy, pricing), Performance Improvement (operational efficiency, change management, turnaround), and Transaction Support (M&A strategy, due diligence, business planning). The firm serves clients across healthcare, consumer goods, industrials, business services, and other sectors through their offices in Paris, London, New York, Dubai, and Shanghai.

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate and Business Unit Strategy Advisory engagements covering portfolio analysis, vision definition, ESG strategy, and business unit strategy for senior corporate leaders and PE investors. The service helps clients strategically position their companies for success through fact-based analysis of strategic opportunities, risks, and market dynamics.
• Growth Strategy Strategy consulting engagements covering market sizing, market entry strategy, pricing strategy, route to market, and growth opportunity identification. The service is for corporates and PE investors seeking fact-based growth playbooks tailored to their sector and geography.
• Performance Improvement Advisory engagements covering operational efficiency, change management, restructuring, and turnaround for corporate clients facing performance challenges. The service has been applied to complex situations including a world's most advanced nuclear power technology project facing budget overruns and schedule delays.
• Transaction Support M&A advisory and transaction support engagements for PE investors and corporates, covering investment strategy, target screening, strategic and vendor due diligence, financial modelling, synergy evaluation, risk analysis, business planning, and negotiation support. Notable outcomes include a pharmacy automation deal in excess of $1.5 billion and an LED solutions deal in excess of $1.0 billion.

Quantifiable outcome

• Pharmacy automation solution transaction: $1.5+ billion deal, EBITDA increased >15%
• +2 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• EurazeonotableStrategic or Co-development PartnerAdvention co-published a whitepaper with Eurazeo on Operational Real Estate (OPRE) titled 'Beyond Ownership'. The publication explores the trend of Real Estate as a Service and how OPRE sits at the crossroads of Private Equity and Real Estate, offering innovative pathways for unlocking value.

Scale indicators7 records

Recent moves9 records

Expansion highlights4 records

Direct peers

• Simon-Kucher & Partners: Global consultancy specialized in pricing, growth, and commercial strategy — closely aligned with the Forbes-recognized marketing/branding/pricing expertise Advention promotes. Similar boutique scale, global office footprint, and senior-partner-led delivery model.
• Roland Berger: European-headquartered, mid-size global strategy consultancy with strong M&A and PE advisory practices. Highly comparable to Advention in heritage (founded by ex-McKinsey partners), boutique-to-mid-tier scale, and European-led PE transaction advisory focus — one of Advention's founders (Alban Neveux) came from Roland Berger itself.
• Kearney: Formerly A.T. Kearney, a global strategy and management consultancy with similar boutique-heritage origins and a comparable mix of corporate strategy, operations, and M&A advisory. Comparable in scale tier, global footprint, and PE/private-capital client orientation.
• AlixPartners: Global consultancy with strong restructuring, performance improvement, and PE advisory practices. Comparable to Advention in PE-heavy revenue mix and performance-improvement/tansformation service line; larger in scale but operationally similar in deal-driven, senior-led engagements.
• L.E.K. Consulting: Global strategy consulting firm with deep PE transaction-support and sector-specialist practices (healthcare, industrials, consumer). Directly comparable to Advention in boutique-to-mid-tier scale, PE-heavy revenue mix, and global multi-office delivery model.
• OC&C Strategy Consultants: Boutique global strategy firm with strong PE due-diligence and sector-specialist practices (consumer goods, retail, tech, media). Closely comparable to Advention in size, PE-advisory focus, sector specialization, and boutique premium positioning.

Broad incumbents

• Arthur D. Little: One of the oldest global management consultancies with boutique-heritage origins and a focus on strategy, technology, and operations advisory. Comparable to Advention in boutique roots, sector-specialist positioning, and mid-tier global scale; broader service portfolio and longer geographic footprint.
• Boston Consulting Group (BCG): Top-tier global strategy consultancy with extensive corporate strategy, M&A, and PE transaction-support practices. Competes with Advention in strategy and transaction-support engagements at a substantially larger scale and broader service portfolio.
• Bain & Company: Top-tier global strategy consultancy with deep PE advisory practice (Bain Capital affiliation). Comparable to Advention in PE transaction-support offerings, but operates as a broader incumbent at materially greater scale; Advention's founder (Jean-Michel Schmitt) and several senior leaders came from Bain.
• McKinsey & Company: Largest global management consultancy with comprehensive strategy, M&A, and transformation practices. Operates as the dominant broad incumbent in Advention's primary service categories (corporate strategy, growth strategy, performance improvement), competing for the same enterprise clients at materially greater scale.

Market position

Strengths5 records

Weaknesses6 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/advention
• LinkedInlinkedin.com/company/advention-business-partners

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Advention Business Partners