PwC announced on Wednesday 20th of January that it has conditionally agreed to acquire a leading European technology consulting business, Outbox Group.
The Polish-based Outbox Group delivers cloud-based solutions and transformational services for clients across the UK and Europe. The company works with leading platforms such as Salesforce, Microsoft Dynamics, Oracle and SAP.
PwC’s UK and EMEA Consulting Leader, Ashley Unwin, said: “This acquisition represents a major milestone for PwC’s UK and Central and Eastern Europe alliance and its commitment to invest in emerging markets. It is also a significant addition to our customer and digital capabilities and sees the establishment of a Centre of Excellence for these skills within PwC in Europe.”
The acquisition will further enhance PwC’s cross-industry customer and digital capabilities to deliver solutions across all channels, platforms and devices.
The latest deal comes after previous acquisitions by PwC, including the European consultancy Mokum, and Booz & Company (now Strategy&), in 2014. The addition of 250 employees from the Outbox Group will increase PwC’s headcount of technology practitioners to almost 3,000 across EMEA.
Outbox managing director, Nicholas Mobbs, who will join PwC as a partner said: “We created Outbox 10 years ago in Poland. Through dedication and hard work we have tapped into the wave of disruptive technological change, leading to considerable success across Europe with our unique position around a customer first multi-technology strategy. This deal will provide PwC with the ability to offer a unique combination of world-class skills and services, by delivering cloud-based business transformation projects to clients. The potential market for customer experience, CRM and digital is estimated at over €6 billion Euro and we see this growing even in challenging economic times.”
The deal was signed on 31 December and is expected to be formally completed next month.
Anna is a passionate bilingual tech writer, geek and music lover.
