West Monroe Partners, a full-service North American business and technology consultancy, today announced that it has been named to the Crain’s Chicago Business list of over 300 large privately held companies in the Chicago area for the first time in the Chicago-based firm’s history. West Monroe Partners ranked 295th on the list.
West Monroe Partners, founded in Chicago in 2002, has experienced sustained growth and expansion over the past 12 years. Now with 10 offices across North America and more than 500 employees, it achieved an increase of 25 percent revenue over 2012.
“We founded this firm with the intent to create a distinctive culture and a commitment to our people, including remaining 100-percent employee owned. It is particularly rewarding to see that commitment materialize and to be recognized now among the largest privately held firms in a metropolitan area with such a rich history for entrepreneurialism,” said Kevin McCarty, West Monroe Partners’ president and co-founder. “Even more gratifying is the impact that our growth and success has had on our people and the opportunities it is affording them to do groundbreaking, transformational work and develop rewarding careers.”
West Monroe Partners strengthened its concept of employee ownership by restructuring as an Employee Stock Ownership Plan (ESOP) trust on December 31, 2012, transferring 100-percent ownership to the ESOP trust. All of the firm’s more than 500 US employees participate as beneficial owners of the firm.
Since its inception, West Monroe Partners has received national recognition as a leading employer from Vault.com, Consulting Magazine, and Great Place to Work, as well as from major business publications in three of its primary markets: Chicago, Seattle, and Columbus.
Crain’s annually publishes a list of the top privately held companies in the Chicago area, based on revenue. The 2014 list was released on April 21, 2014. For more information, visit: www.chicagobusiness.com.