Global management consulting firm Bain & Company has chosen Anjos Urban Palace in Lisbon's Príncipe Real as the location for its new Portuguese headquarters. The new office spans over 2,000m² and can accommodate up to 250 employees. This move marks a significant milestone in the company's growing presence in Portugal. The new headquarters brings together various Bain teams, including consulting, knowledge, global services, and artificial intelligence.
The decision to establish a permanent presence in Portugal was made in 2022, and the company has exceeded initial expectations. According to Francisco Montenegro, a partner at Bain, the Portuguese market has surpassed projections, achieving over 50% of the planned goals for 2028 within the first year. This success demonstrates the robustness of Bain's operation and its impact on the market. The company is now in a phase of accelerated growth.
Álvaro Pires, a partner at Bain, highlights the significance of the new office and advanced competency hub. The new headquarters signifies a new phase of Bain's commitment to Portugal, with increased scale and broader capabilities. The office brings together different Bain teams under one roof, positioning the Lisbon operation to respond to the national market and contribute to global clients and teams.
The development of Bain's Lisbon operation has been accompanied by its ability to attract talent across various areas. Francisco Montenegro emphasizes the importance of people in the company's growth, stating that finding talent with a strong affinity for Bain's culture has been crucial. The new headquarters provides the conditions for continued team development and cultural growth as the company expands.
Anjos Urban Palace, owned by Eastbanc, is a historic building constructed in 1875. The building has undergone various uses over time and was recently rehabilitated as part of a project by architect Eduardo Souto Moura. The palace is located in the heart of Príncipe Real, providing a unique and prestigious address for Bain's new headquarters.
The new office is a significant investment in Portugal and reinforces Bain's commitment to the country's market. With a growing presence in Portugal, Bain aims to continue contributing to clients and teams globally. The company's expansion in Lisbon is a testament to its confidence in the Portuguese market and its potential for growth.
As Bain continues to grow its operation in Portugal, it is well-positioned to respond to the evolving needs of its clients. With a strong team and advanced capabilities, the company is poised for further success in the region. The new headquarters in Anjos Urban Palace marks a significant milestone in Bain's journey in Portugal.
Key points
- Bain & Company occupies 2,000m² in Anjos Urban Palace with capacity for 250 employees.
- The company has exceeded initial expectations in Portugal, achieving over 50% of projected goals for 2028 within the first year.
- The new headquarters brings together various Bain teams, including consulting, knowledge, global services, and artificial intelligence.
