August Associates
August Associates is a Helsinki-based management consulting firm founded in 2001 delivering strategy, transactions, organization, commercial excellence, and performance improvement services to top Finnish corporations, Nordic and international companies, and private equity firms across the Nordics.
- Company typePrivate
- Founded2001
- HeadquartersHelsinki, Finland
- Headcount11–50
- GTM typeB2B
- OfferingServices
What August Associates does
August Associates Oy is a Helsinki-based management consulting firm founded in 2001 that delivers strategy, transactions, organization, commercial excellence, and performance improvement services to enterprises and investors across the Nordics. Its stated client base covers the majority of Finland's top 30 corporations, large Nordic and international companies, and private equity firms and their portfolio companies. The firm has completed more than 1,000 client engagements over its 25-year operating history and operates under a partnership structure with senior consultants working hands-on alongside clients rather than through junior-staffed engagement teams.
The firm's service offering is organized around four practice areas — Strategy & Transactions, Organization & Steering, Commercial Excellence, and Performance Improvement — applied across eight industry verticals including B2B Services, Construction, Consumer, Energy, Industrial, Private Equity, Technology, and Transportation. August differentiates on a tailored, senior-led delivery model and has built adjunct capabilities in emerging technology advisory through Executive Advisors and partnerships with VTT (quantum computing), Stora Enso (QC pilot), Accountor (SME financial data analytics covering ~10,000 SMEs), Amcham Finland (Finland Fact Pack), and Silo AI's co-founder Dr. Tero Ojanperä (AI advisory).
August generates revenue through professional services fees on project-based consulting engagements, sold via direct enterprise relationships and through private equity due diligence mandates. Distribution is entirely relationship-driven, supported by content marketing (News & Insights), LinkedIn, events such as the August Finance Forum, and a senior advisor network. In March 2026 the firm announced its first cross-border expansion, opening a Stockholm office in April 2026 to support Nordic clients regionally. Revenue figures are not publicly disclosed and the firm has no external institutional investors.
August Associates firmographics
Firmographics- Name
- August Associates
- Legal name
- August Associates Oy
- Website
- https://august.fi
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- August Associates is a Helsinki-based management consulting firm founded in 2001 delivering strategy, transactions, organization, commercial excellence, and performance improvement services to top Finnish corporations, Nordic and international companies, and private equity firms across the Nordics.
- Ownership category
- akta.pro rank
August Associates industry classification
Industry- Product category
- Management Consulting Services
- NAICS
- Management Consulting Services (54161), Administrative Management and General Management Consulting Services (541611)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG)
- akta.pro secondary industry
- M&A Advisory (Buy-Side & Sell-Side) (BPAHAOAA)
Keywords
Where August Associates is headquartered
LocationHeadquarters
- HQ city
- Helsinki
- HQ country
- Finland
- HQ region
- Europe
Offices2 records
Markets served
August Associates business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Management Consulting Services: Project-based consulting engagements covering strategy, transactions, organization, commercial excellence, and performance improvement. Revenue is generated through professional service fees for client engagements.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
August Associates product offering
Product offeringCore offering
August Associates is a Nordic management consulting firm that advises corporate clients and private equity investors on strategic, organizational, commercial, and operational challenges. The firm operates four integrated practice areas — Strategy & Transactions, Organization & Steering, Commercial Excellence, and Performance Improvement — and serves clients across the B2B services, construction, consumer, energy, industrial, private equity, technology, and transportation sectors from offices in Helsinki and Stockholm.
Product overview
August Associates is a management consulting firm offering a unified suite of professional services rather than a software product platform. The core offering consists of four interconnected consulting practice areas: Strategy & Transactions, Organization & Steering, Commercial Excellence, and Performance Improvement. These services are applied across eight industry verticals (B2B Services, Construction, Consumer, Energy, Industrial, Private Equity, Technology, and Transportation). The firm was established in 2001 and operates from Helsinki and Stockholm offices, recently expanding to Sweden in 2026. No proprietary software products or modules were identified.
Differentiator
Problem solved
Functional benefit
Products and services
- Strategy & Transactions consulting Advisory services covering corporate strategy formulation, transaction support including commercial due diligence and value creation planning, and strategic decision support for Nordic corporations and private equity investors.
- Organization & Steering consulting Advisory services focused on organizational redesign, operating model design, governance, and management steering structures to support transformation in Nordic-headquartered companies.
- Commercial Excellence consulting Advisory services aimed at improving commercial performance, including go-to-market design, pricing strategy, sales effectiveness, and commercial diagnostics for Nordic corporations.
- Performance Improvement consulting Advisory services focused on operational efficiency, cost reduction, and performance transformation programs across functions and business units of Nordic enterprises.
Companies that use August Associates
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles1 record
August Associates technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
August Associates partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor.
- VTT (Technical Research Centre of Finland)minorAugust participates in BusinessQ network coordinated by VTT, exploring quantum computing opportunities. Also involved in FutureQ research project helping businesses understand QC impact on their operating environment.
- Stora EnsominorAugust conducted a pilot project with Stora Enso and VTT to investigate possible applications of quantum computing in their internal processes.
- Silo AIminorAugust partnered with Tero Ojanperä, co-founder of Silo AI, to bring wider range of AI knowledge and expertise to clients.
- AccountorminorCollaboration with Accountor for real-time financial data analysis on approximately 10,000 SMEs for financial performance reports.
- Amcham FinlandminorLong-term collaboration partner on Finland Fact Pack publication for international business leaders operating in Finland.
Scale indicators3 records
Recent moves7 records
Expansion highlights5 records
August Associates competitors and assessment
Company assessmentBroad incumbents
- Arthur D. Little: Global strategy and innovation consultancy with longstanding Nordic client relationships. Comparable to August Associates on corporate strategy, transformation and technology-led advisory engagements.
- Boston Consulting Group: Global strategy house with deep Nordic presence serving the same large corporate and PE buyers as August Associates. Overlaps directly on corporate strategy, transformation and value creation work.
- Oliver Wyman: Global management consulting firm with strong financial services and industrial practices. Overlaps with August Associates on strategy, organization and performance improvement work for large Nordic clients.
- McKinsey & Company: Largest global management consulting firm serving Nordic corporates and investors. Competes with August Associates for top-tier Finnish/Nordic strategy and transformation mandates, but with a vastly larger global bench.
- EY-Parthenon: Strategy and M&A advisory arm of EY with strong Nordic coverage. Directly comparable to August Associates on commercial due diligence, transaction support and corporate strategy work for PE and corporates.
- KPMG Advisory: Big Four advisory practice with substantial Nordic footprint covering strategy, transactions and performance improvement. Competes with August Associates for both corporate and PE-backed mandates in Finland and the wider Nordics.
- Bain & Company: Global strategy consulting firm with a marquee private equity practice. Comparable to August Associates on the strategy and PE commercial due diligence work it runs for sponsors and large corporates, though at materially greater scale.
- Roland Berger: European-headquartered strategy and transformation consultancy. Competes with August Associates for Nordic and pan-European strategy, organization and performance improvement mandates.
Direct peers
- Implement Consulting Group: Nordic-headquartered management consulting firm with offices in Denmark, Sweden, Norway, Germany and Switzerland. Closest direct peer to August Associates in terms of regional focus, scale and strategy/transformation offering.
- Copenhagen Economics: Nordic economics and strategy consultancy serving large corporates, regulators and investors. Comparable to August Associates on strategy, commercial excellence and PE-style advisory mandates in the Nordics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
August Associates social profiles
Digital presenceAugust Associates financial estimates
Financial estimateRevenue estimate
Valuation estimate
August Associates leadership team
Management profileNumber of profiles
Profiles1 record
August Associates funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
August Associates M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about August Associates
What does August Associates do?
August Associates is a Nordic management consulting firm that advises corporate clients and private equity investors on strategic, organizational, commercial, and operational challenges. The firm operates four integrated practice areas — Strategy & Transactions, Organization & Steering, Commercial Excellence, and Performance Improvement — and serves clients across the B2B services, construction, consumer, energy, industrial, private equity, technology, and transportation sectors from offices in Helsinki and Stockholm.
Is August Associates a public or private company?
August Associates is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was August Associates founded?
August Associates was founded in 2001. It employs 11 to 50 people.
Where is August Associates based?
August Associates is headquartered in Helsinki, Finland, in the Europe region.
How does August Associates make money?
One revenue line is on record: management Consulting Services.
Who are August Associates's main competitors?
Broad incumbents on record are Arthur D. Little, Boston Consulting Group, Oliver Wyman, McKinsey & Company, EY-Parthenon, KPMG Advisory, Bain & Company and Roland Berger. Direct peers are Implement Consulting Group and Copenhagen Economics.
Does August Associates have an API?
No public API is recorded for August Associates.
What industry is August Associates in?
August Associates's product category is Management Consulting Services. Its primary akta.pro industry code is BPAHAOAG, Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs), with a secondary code of BPAHAOAA, M&A Advisory (Buy-Side & Sell-Side). Its NAICS code is 54161 and its SIC code is 8742.