PwC Completes Acquisition of Booz & Co.
PwC announces the successful completion of its combination with Booz & Company. With the granting of all regulatory approvals for Booz & Company to join PwC, it is now officially part of the PwC Network. All closing conditions for the deal have been met.
Marking this occasion, Booz & Company has changed its name to Strategy& (pronounced Strategy and). This new name, which will be used alongside the PwC name and brand, reflects the strength in strategy consulting that Booz & Company brings to the PwC Network and the benefits this deal will bring to all clients and stakeholders. After a short grace period, Booz & Company can’t legally continue to use the Booz name following the change in ownership.
Dennis Nally, chairman of PricewaterhouseCoopers International, believes that the acquisition signifies an important step for PwC, its clients and stakeholders. Businesses are navigating unprecedented, disruptive threats and organizations increasingly want the right strategy and the ability to execute it. Together, PwC and Strategy& are expected to meet this need – delivering value to its clients and stakeholders, attracting premium talent and helping businesses around the world build their capabilities on a global scale.
Strategy& brings a 100-year heritage of practical strategy advice to PwC’s portfolio of expert advisory services. The combined companies are expected to meet clients’ needs for a full menu of strategy-through-execution services, and a single point of access in delivering results. Cesare Mainardi, CEO of Strategy&, believes that they have the footprint, the scale, the resources, and the proven capabilities to help global enterprises every step of the way from strategy to outcomes.
PwC Strategy&’s Board of Directors will be chaired by Tony Poulter, a PwC partner and global consulting leader. Cesare Mainardi will be CEO of Strategy&. He has been the CEO of Booz & Company for the past two years.
Related Articles:
PwC and Booz & Co. to Merge
The State of the Industry: Best Practices and Shortfalls around Customer Planning and Trade Spend Management
2013 Readers' Choice: Consulting
Marking this occasion, Booz & Company has changed its name to Strategy& (pronounced Strategy and). This new name, which will be used alongside the PwC name and brand, reflects the strength in strategy consulting that Booz & Company brings to the PwC Network and the benefits this deal will bring to all clients and stakeholders. After a short grace period, Booz & Company can’t legally continue to use the Booz name following the change in ownership.
Dennis Nally, chairman of PricewaterhouseCoopers International, believes that the acquisition signifies an important step for PwC, its clients and stakeholders. Businesses are navigating unprecedented, disruptive threats and organizations increasingly want the right strategy and the ability to execute it. Together, PwC and Strategy& are expected to meet this need – delivering value to its clients and stakeholders, attracting premium talent and helping businesses around the world build their capabilities on a global scale.
Strategy& brings a 100-year heritage of practical strategy advice to PwC’s portfolio of expert advisory services. The combined companies are expected to meet clients’ needs for a full menu of strategy-through-execution services, and a single point of access in delivering results. Cesare Mainardi, CEO of Strategy&, believes that they have the footprint, the scale, the resources, and the proven capabilities to help global enterprises every step of the way from strategy to outcomes.
PwC Strategy&’s Board of Directors will be chaired by Tony Poulter, a PwC partner and global consulting leader. Cesare Mainardi will be CEO of Strategy&. He has been the CEO of Booz & Company for the past two years.
Related Articles:
PwC and Booz & Co. to Merge
The State of the Industry: Best Practices and Shortfalls around Customer Planning and Trade Spend Management
2013 Readers' Choice: Consulting