Les Echos – Financial advisory firms, the alternative to the ” Big 4″ ?
Accuracy’s revenue up by 25%
With Accuracy, for example, large cases have been successfully carried out: Saur, Club Med, Fnac, real estate clientele… As a result, the first semester for the independent financial consulting firm, consisting of 220 consultants (of which 37 partners), was up 25% of total revenue compared to the same period in 2012. Its growing reputation, as it celebrates its nine years of existence this autumn, is one of the factors in its persistent financial health.
And there is more. “The recovery and company in difficulty activities have been very strong,” said Frédéric Duponchel, CEO and co-founder of the firm. In addition, companies are requiring more and more assistance in the construction of their business plans and analysis of their markets. “All our indicators are green, including those in our integrated network abroad. We expect a consolidated turnover of 50 million euros in 2013, compared to 44 million last year” says Frédéric Duponchel.
Since its creation, Accuracy’s goal has remained the same. The objective? To become “the McKinsey of figures” through tailor-made services and high added-value developed by an active R&D cell. Another characteristic: to ensure stability, any capital gain on shares is forbidden. “Only cash flows generate wages, and this changes the state of mind,” said Frederic Duponchel.