Management Strategies

10:17 AM
Connect Directly
RSS
E-Mail
50%
50%

PwC Purchases BearingPoint Commercial Services Practice

PricewaterhouseCoopers (New York) has purchased the majority of BearingPoint's North American Commercial Services practice. The acquisition was approved by U.S. Bankruptcy Court for the Southern District of New York on May 28.

With the completion of the transaction, PwC's Advisory practice has assumed selected contracts of BearingPoint and brought on 800 client service professionals with significant business and consulting expertise across multiple industries. PwC is gaining top-tier clients with a broad portfolio of multi-sector contracts in Commercial and Financial Services.

PwC will also acquire two Global Delivery Centers (GDCs); one in Shanghai, China, and one in Bangalore, India, from BearingPoint. PwC hopes the acquisitions of these operations will provide its clients with expanded global sourcing capabilities and competitive cost advantages.

Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology Oct. 14, 2014
Bank Systems & Technology's new Must Reads is a compendium of our best recent coverage of customer analytics. Learn what big data means for banks, meet Wells Fargo CDO Charles Thomas, find out how to connect with your Gen Y customers, and more.
Slideshows
Video
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.