PwC and PRTM have entered into a definitive merger agreement for PwC to acquire PRTM.

“The PRTM team will provide our firm with significant capabilities in the areas of operational strategy, execution and business model innovation,” said Dana Mcilwain, PwC Vice Chairman and US Advisory Leader. “We are especially pleased that the PRTM team of highly talented, globally-oriented professionals have chosen to continue their careers at PwC.”

Scott Hefter, Global Managing Director of PRTM, said, “PRTM’s strengths in operations management combined with PwC’s extensive capabilities provide tremendous opportunities for both clients and staff alike. The cultures of PRTM and PwC are closely aligned, while the capabilities we bring to market are complementary. We look forward to working together to serve our clients around the world.”

“This investment in high-quality talent is an important component of our continued strategic focus on quality across the firm. We are fortunate to be able to commit to this enhancement of the Advisory practice at the same time we are investing significantly in the quality of our Assurance and Tax practices,” commented Bob Moritz, US Chairman and Senior Partner of PwC.

The transaction is expected to close later in the summer, subject to customary closing conditions. Financial details of the transaction will not be disclosed.

Source:  www.top-consultant.com