PracticeAuditDeloitte plays war games with new acquisition

Deloitte plays war games with new acquisition

Firm adds new consultancy firm to operations

Deloitte today announced the acquisition of a firm specialising in business
simulations the latest leading auditor to beef up its consultancy credentials.

The Big Four firm said it had acquired Simulstrat, a firm which specialises
in business “war games” or simulations which help forward planning.

It comes less than three months after listed accounting firm Tenon said it
would buy RSM Bentley Jennison for £76m. Other firms are also promoting their
consultancy sectors arms.

Simulstrat was purchased from King’s College London and will be integrated
into the firm’s resilience and testing team, part of their information and
technology risk practice.

Simon Owen, lead partner of IT risk practice at Deloitte said there was
increasing demand from clients for sophisticated testing, simulation and
validation systems.

“Our clients have to confront issues such as climate change, commodity price
volatility, political and economic instability as well as more traditional
disaster scenarios,” he said.

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