One of the big four accounting firm Deloitte & Touche (Deloitte) acquired bankruptcy protection management consulting firm Monitor (Monitor), the other one of the four members of the PricewaterhouseCoopers (PwC) has also launched M & Management Consulting the pace of business.
Yesterday, PricewaterhouseCoopers and Booz & Company (Booz & Company) jointly announced that they have signed a conditional agreement to merge. The transaction is subject to the consent of Booz & Company partner, regulatory approvals and other customary closing conditions fulfilled. Although no formal merger transaction prices disclosed, but there are foreign media speculation that the transaction amount may be $ 1 billion. Read more news on management consulting.
Booz & Company CEO Mathis (Cesare R. Mainardi) publicly stated: "Our goal is to help customers discover and build their winning capabilities needed to differentiate the two sides could not just make this innovative combined value proposition be achieved, also in the next one century remodeling the management consulting industry. "
PricewaterhouseCoopers International Limited, Global Chairman Dai Ruili (Dennis Nally), said: "We believe that the existing audit, consulting and tax services possible merger with Booz & Company, will create an outstanding professional services organization serving more provide first-class customer service. "
Booz & Company 's 300 man- year partnership agreement in December of the vote, and in the end publicly further instructions. Under the merger agreement the contents of the merged PricewaterhouseCoopers after Bos will give up their name, the name of the PwC commenced business operations.
Founded in 1914, Booz & Company, in 2013 VAULT management consulting company ranked fourth on the list, which earlier this year acquired the headquarters in Dusseldorf, Germany, a global consulting firm - out of a corporate management consulting company. At that time, its Greater China president Bai Xinhui (Sarah Butler) once told reporters: "The Company and the company to expand capacity expansion needs, the management consulting industry in recent years, mergers and acquisitions wave erection of two reasons."
"The whole industry is in the integration process." An international consulting industry veteran Jiang Bo ( a pseudonym ) told reporters that the first echelon of the international management consulting industry is MBB ( McKinsey, Boston, Bain ), the second tier is Kearney, Boss, Roland Berger, but medium-sized management consulting firm will be more volatile performance pressure, because the scale is not enough, the business of a single species management consulting company for the maintenance of a customer's cost more.
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