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About Bearstone

Bearstone is a corporate intelligence and investigations company with offices in Warsaw and Berlin. We offer full-spectrum investigative services – from open source data-gathering and public record retrieval, through to complex multi-jurisdictional assignments where multiple methodologies are combined to provide our clients with unrivalled access to the information they need.

Founded by Andrew De Roy in Warsaw in 2007, our company began by offering business intelligence services focused on Poland and Central & Eastern Europe. Ten years later, we rebranded from CEE Consulting Group to Bearstone to emphasise how our coverage, capabilities, and clientele had expanded to encompass much of the globe. At Bearstone, we have completed investigations in more than 100 countries, and delivered more than 2,900 reports since 2017.

Led today by CEO Magda Wagner and COO Paddy Beiner, Bearstone's success stems from the longstanding relationships of trust we develop with our clients. Our clients place their trust in us because we have a passion for the work that we do, and our conduct is always guided by our values.

Our Values

  • Dedication. We are passionate about investigations and pursuing solutions for our clients.
  • Adaptability. Fruitful investigative work requires collaboration, and we strive to always adapt our work to best suit our clients' aims and objectives.
  • Reliability. On every case, we provide a clear and honest assessment of what is achievable. We are thorough in our work, and timely in our deliveries.
  • Responsiveness. We maintain a dialogue with clients before, during, and after our work is complete. We respond to inquiries and questions swiftly and remain always available to offer advice.

Our Approach

We specialise in combining open-source research with commentary gathered discreetly from people able to offer insight into a given subject, otherwise known as human source inquiries. We are experts at retrieving records from both online and physical archives and databases. Where necessary, we also employ other investigative methods, such as surveillance.

The assignments we undertake vary in size and scope, from small quick-turnaround tasks, to complex multi-jurisdictional investigations requiring several months of work.

Our Services

Bearstone intelligence services fall into four main categories.

Bearstone at a Glance


reports since 2017


countries operated in



Bearstone History

2011 Summer
Business Intelligence Solutions becomes CEE Consulting Group
2017 Spring
CEE Consulting Group becomes Bearstone
2007 Spring
Company founded in Warsaw as
Business Intelligence Solutions
2011 Summer
Business Intelligence Solutions
becomes CEE Consulting Group
2016 Winter
Berlin office opens
2017 Spring
CEE Consulting Group becomes
Bearstone Global
2019 Summer
New Warsaw office opens at Chałubińskiego 8

Leadership Team

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Magda Wagner
Following managerial and business development roles across several industry sectors, Magda joined Bearstone in 2015, where she has directed due diligence and asset identification assignments of national and international significance.

Building on a passion for deep investigative work, Magda completed post-graduate studies in forensic accounting in 2018. An accomplished linguist, Magda speaks fluent Polish, English, Czech and German.
Paddy Beiner
In a two-decade business intelligence career, Paddy has acquired considerable expertise in multi-jurisdictional investigations, along with an extensive global network of contacts and sources.

Paddy previously worked for leading business intelligence firms in London, Frankfurt, Hong Kong, Johannesburg and Geneva, and specialises in international asset searches, investigations in offshore jurisdictions and European business intelligence assignments. Paddy is a Certified Member of the Council of International Investigators.
Andrew de Roy
Founder & Chairman
Andrew founded the company that became Bearstone in 2007, following a role as Mergermarket’s bureau chief in Poland.

He built the business on his exceptional network in the London and Polish markets, and has played an integral role in cementing Bearstone's reputation as the leading provider of business intelligence and investigation services in Central and Eastern Europe.
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How can we help?

Speak confidentially with one of our team today
Warsaw Office
+48 22 295 19 01
Berlin Office
+49 30 440 467 80
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