Business Model from the 1998 annual report
Item 1--Business
General
The Metzler Group, Inc. ("We" or the "Company") is a leading provider of
consulting services to energy-based and other network and regulated
industries. The Company offers a wide range of consulting services designed to
assist our clients as they face changing regulations, increasing competition
and evolving technology. Our clients include the 50 largest investor-owned
utilities, the 20 largest gas distribution companies and the 12 largest local
exchange telecommunications companies in the United States, as well as other
Fortune 100 companies. Our services include: (1) management consulting; (2)
information technology; and (3) litigation support. Since our initial public
offering in October 1996, we have increased the scope and size of our service
offerings through a series of acquisitions and internal growth. We have also
expanded our base of non-utility energy clients and established a presence in
Europe, Asia and Australia.
We believe that several competitive factors distinguish us from other
participants in the consulting industry, including:
--Established, recognized expertise and academic reputation of our
consultants and affiliated experts;
--Deep-rooted client relationships supporting multiple engagements; and
--A wide range of industry-specific services that enable us to be a single-
source provider of consulting services while maintaining advanced skill
sets in each area.
Our growth strategy is to:
--Continue to build a complementary spectrum of consulting services;
--Leverage vertical focus to capitalize on current industry dynamics;
--Leverage existing relationships and expand our client base in both
domestic and international markets;
--Continue to recruit and retain highly skilled professionals; and
--Continue to acquire consulting companies that provide complementary
services or geographic presence.
At December 31, 1998, we had five principal operating subsidiaries: LECG,
Inc. ("LECG"), Metzler & Associates, Inc. ("Metzler & Associates"), Peterson
Consulting, L.L.C. ("Peterson"), Reed Consulting Group, Inc. ("Reed"), and
Resource Management International, Inc. ("RMI"). On February 7, 1999, we
acquired our sixth principal operating subsidiary, Strategic Decisions Group.
Our executive office is located at 615 North Wabash Avenue, Chicago, Illinois
60611. Our telephone number is (312) 573-5600.
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