Strategy and Transactions

Our Strategy and Transactions practice partners with senior leadership on questions of fundamental strategic consequence. Our work spans competitive strategy formulation, market entry and positioning, portfolio optimization, and the execution of transformative transactions. We bring disciplined analysis, industry expertise, and a commitment to outcomes that endure beyond the engagement itself.

OUR APPROACH

Sustained and Proximate Engagement

The firm operates as integrated counsel rather than external advisor. Our engagements are intensive, proximate to senior decision-making, and grounded in comprehensive understanding of organizational context, competitive position, and strategic imperatives.

Analytical Rigor and Independent Judgment

Our counsel reflects disciplined inquiry and intellectual honesty. We do not accommodate client preference where evidence suggests alternative conclusions. Independence of perspective and precision of analysis are fundamental to the value we provide.

Commitment to Enduring Outcomes

The firm's responsibility extends beyond the delivery of recommendations. We remain engaged as strategies are executed, provide continuity through periods of implementation, and measure success by the durability and materiality of results achieved.

OUR WORK
Corporate Strategy
We advise on fundamental questions of strategic direction, competitive positioning, and resource allocation. Our work addresses industry structure, sources of competitive advantage, and the choices that define where and how organizations compete. We provide counsel grounded in rigorous analysis and oriented toward decisions of enduring consequence.
Mergers and Acquisitions
We counsel clients on transactions of material strategic importance, from initial evaluation through execution. Our work encompasses strategic rationale assessment, valuation and structuring, due diligence, and post-merger integration or divestiture planning. We serve as trusted advisors on questions of deal merit, execution risk, and value creation.
Markets and Expansion
We advise on geographic expansion, adjacent market entry, and business development opportunities. Our work evaluates market attractiveness, competitive dynamics, and strategic fit, addressing both organic and inorganic pathways. We ensure growth decisions
Capital Excellence and Portfolio Strategy
We provide counsel on portfolio composition, capital deployment priorities, and resource allocation across business units. Our work addresses questions of strategic fit, relative attractiveness, and the framework governing investment and divestiture decisions at the enterprise level.

Building principled organizations

Coming January 2026

In conversation with Dave Messner, Senior Vice President of Costco Wholesale Corporation, we discuss the enduring strategy that enable truly principled organizations, and how Costco navigates the training of its next-generation leaders.

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