PwC builds technology capabilities through Mokum acquisition

Published at 14:10 PM on 17 February 2014

 

  • 160 employees to join PwC Technology team in April
  • Deal will enhance the firm’s IT enabled transformation capability

 PwC has acquired Mokum, a leading consultancy in Europe specialising in Oracle applications implementation, managed services and related software. The deal was signed on 13 February and is expected to formally complete in March, subject to regulatory and independence compliance.

 The acquisition is part of the PwC strategy to embed technology into its services and answers the increasing demand from clients for technology expertise to support broad business transformation programmes.

 The deal will mean around 160 London and Manchester-based Mokum employees joining PwC, including two as partners.

 Ashley Unwin, executive board member and head of consulting for PwC UK, said:

 “From banking to retail, many of our clients are facing major challenges which require them to transform how they do business, and technology is key to this.  The acquisition of Mokum is central to us helping companies with this journey.

 “The deal complements our current Oracle capability which, combined, will comprise one of the largest Oracle technology practices in Europe.  Mokum has a strong market position and brand which will allow us to continue to build our market share and considerably grow our revenues in this highly competitive space.” 

Ends

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PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.

2014 PricewaterhouseCoopers. All rights reserved.

Andrew Smith

PwC | Communications
Office: +44 (0)207 213 1216 | Mobile: +44 (0)7738 845 149
Email:[email protected]
PricewaterhouseCoopers LLP
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About PwC

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 157 countries with more than 208,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details. © 2016 PwC. All rights reserved

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