KPMG acquires transformation consultancy Boxwood

KPMG acquires transformation consultancy Boxwood

KPMG brings in management consultancy Boxwood a month after acquiring consultancy Nunwood

KPMG has acquired a mid-tier management consultancy, expanding its offerings to the UK’s middle market.

Initially operating under the KPMG Boxwood brand, the new arm will be led by KPMG partner and Boxwood managing director, Chris Wakerley, with Wakerley and KPMG manager Matt Clark becoming partners of the consultancy firm.

Boxwood specialises in delivering business and operational transformation over a range of areas, including private equity and infrastructure.

Head of advisory at KPMG, Richard Fleming, said: “This is a truly significant deal for KPMG as we seek to expand and enhance the range of consultancy services we provide, particularly to middle-market companies up and down the UK.”

The addition comes a month after KPMG’s acquisition of Nunwood, a consultancy with a focus on customer experience management and feedback technology.

Fleming added: “We continue to see enormous opportunity in this growing part of our business, as corporates and public sector organisations seek to unpick issues with challenge them and drive growth in a complex economic environment.”

On the acquisition of Boxwood, Wakerley commented: “This move is tremendously exciting for Boxwood, our clients and our people. KPMG’s broad capabilities, extensive experience and global reach will further enhance the value we can deliver for our clients.”

The news comes as EY has made a similar move.

Whitepaper

The Future of Finance is in the CFO's Hands

Business The Future of Finance is in the CFO's Hands

3m
Save a Week a Month Consolidating Accounts

Accounting Software Save a Week a Month Consolidating Accounts

4m
Mitigating Risk Through Internal Control

Legal Mitigating Risk Through Internal Control

5m
Could tax season have run more efficiently?

Corporate Tax Could tax season have run more efficiently?

5m

Related Articles

FRC audit inspection finds no improvement on last year

Accounting Firms FRC audit inspection finds no improvement on last year

2w Chris Jewers
Being good at maths is no longer good enough. A growth mindset is what you’ll need.

Accounting Firms Being good at maths is no longer good enough. A growth mindset is what you’ll need.

2m James Poyser
PwC to net £50m from Carillion insolvency

Accounting Firms PwC to net £50m from Carillion insolvency

1y Alia Shoaib, Reporter
What does the future hold for listed accountancy firms?

Accounting Firms What does the future hold for listed accountancy firms?

1y Fergus Payne, Lewis Silkin
David Sproul, Senior Partner and Chief Executive, Deloitte

Accounting Firms David Sproul, Senior Partner and Chief Executive, Deloitte

1y Lucy Skoulding, Reporter
Financial Power List 2018: 1-5 revealed

Accounting Firms Financial Power List 2018: 1-5 revealed

1y Lucy Skoulding, Reporter
LLPs in Top 50+50: Will LLPs continue to be the preferred set-up?

Accounting Firms LLPs in Top 50+50: Will LLPs continue to be the preferred set-up?

2y Fergus Payne, Lewis Silkin
KPMG replaces PwC as Croda auditor

Accounting Firms KPMG replaces PwC as Croda auditor

2y Emma Smith, Managing Editor