McKinsey & Company is a global management consultancy firm. Its practice areas include corporate finance, strategy, operations, organization, business technology, and marketing and sales. The company s corporate finance team focuses on capital market strategies, value-based planning, initial public offerings, and mergers, acquisitions and divestitures. Its marketing and sales group specializes in branding, pricing, consumer research and customer relationship management. McKinsey & Company provides services to clients in various industries that include financial services, consumer packaged goods, petroleum, retail, social sector, private equity, mining, chemicals, telecommunications, and media and entertainment. The company also has a research group, McKinsey Global Institute, which undertakes research and development on economic issues of businesses and governments. Founded by James O. McKinsey in 1926, the company has offices in more than 50 countries. It maintains a location in Cleveland.