Understanding Tricorporate Companies: Benefits, Examples, and Structure

Tricorporate refers to a company that has three main branches or divisions, each with its own distinct identity and operations, but all working together under one umbrella. The term is often used to describe companies that have diversified into multiple areas of business, such as technology, consulting, and financial services.

In a tricorporate structure, each branch or division operates independently, with its own management team, culture, and focus. However, they are all connected by a common parent company, which provides overall strategy, resources, and support. This allows the different branches to leverage each other's strengths and expertise, while also maintaining their independence and autonomy.

Tricorporate companies can be found in various industries, such as technology (e.g., Google, Amazon), consulting (e.g., McKinsey, Boston Consulting Group), and financial services (e.g., JPMorgan Chase, Goldman Sachs). The tricorporate structure allows these companies to diversify their revenue streams, expand into new markets, and offer a wider range of products and services to their customers.