PwC buys Paragon to boost consulting arm

PwC has acquired corporate performance management business Paragon Consulting Group.

Paragon will become part of PwC Advisory's consulting firm.

More than 90 staff will move across to PwC, with teams based in the UK, Turkey, Singapore, as well as a joint venture in Dubai. Around 40 staff have joined in the UK.

PwC head of consulting Ashley Unwin said the deal would enable the firm to provide CPM services beyond just advice, but through to implementation of systems.

"We are delighted to announce the acquisition of Paragon Consulting Group. Paragon is a leader in corporate performance management technology and this acquisition is an excellent strategic fit with our consulting business," said Unwin

We are delighted to announce the acquisition of Paragon Consulting Group. Paragon is a leader in corporate performance management technology and this acquisition is an excellent strategic fit with our consulting business.

“We already offer our clients corporate performance management capabilities, but this acquisition means that we can enhance our offering, giving clients full-service – from ideas to implementation – of corporate performance management systems.”

PwC was unable to disclose the value of the deal as Accountancy Age went to press.

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