Bain & Company Acquires Max Kelsen's Consulting to Strengthen AI Capabilities

Boston-based management consulting firm Bain & Company recently announced a significant acquisition of Max Kelsen Consulting, comprising both consulting and managed services divisions. This acquisition strengthens Bain & Company's offerings in the field of artificial intelligence (AI) and machine learning (ML), enabling them to provide more advanced ML and AI solutions to clients worldwide.

Max Kelsen Consulting, based in Australia and established in 2015, has a track record of collaborating with Australian and global companies to develop and deploy ML solutions and boasts a team of skilled full-stack ML engineers who develop ML systems, AI-powered applications, and advisory services for various clients. 

The company's expertise extends to establishing best practice operational machine learning (MLOps) capabilities for clients. It has served diverse clients, including Fortune 500 companies, and has partnered with leading cloud providers like Amazon Web Services and Google Cloud Platform. The healthcare and life sciences sector has been a particular focus of Max Kelsen's expertise.

The integration of Max Kelsen Consulting into Bain's Advanced Analytics Group (AAG) will enable the unified team to assist enterprises in creating and implementing high-impact AI and ML use cases. “This acquisition will strengthen the suite of AI and ML capabilities we offer to our clients regionally and globally,” said Richard Fleming, leader of Bain’s Advanced Analytics Group in Asia Pacific.

Nicholas Therkelsen-Terry, co-founder and CEO of Max Kelsen, expressed excitement about joining Bain. “We are excited to join Bain at a time when businesses are starting to navigate the disruptions brought on by generative AI,” he said. It is essential to note that Max Kelsen operates additional divisions, such as a products division (SAVI Surgical and PROPeL Health AI) and a research division, which are not part of the Bain acquisition.