Two of the Big Four firms have recently expanded their consultancy businesses by acquisitions. KPMG has acquired mid-tier management consultancy Boxwood, that will expand its offerings to the UK’s middle market, while EY has signed a conditional agreement to acquire Integrc, a privately-owned provider of governance, risk and compliance (GRC) services to companies that run SAP.
Boxwood specialises in delivering business and operational transformation over a range of areas, including private equity and infrastructure. The addition comes a month after KPMG’s acquisition of Nunwood, a consultancy with a focus on customer experience management and feedback technology.
EY’s acquisition will bolster the adviser’s position as a provider of SAP GRC services by improving its end-to-end offering – from strategy to technology implementation, the firm said. Integrc’s team of consultants, based in the Netherlands, UK, India and the UAE, specialise in the full lifecycle of GRC consultancy and support services, including SAP GRC operations, audit, strategy and planning, implementation, operational control and fully managed services.