PriceWaterhouseCoopers (PwC) has acquired two cloud consulting firms that specialize in Amazon Internet Services (AWS) and Microsoft Azure. Money phrases of the bargains had been not disclosed.
The initially deal consists of PwC Middle East making a strategic financial investment in Zero&Just one. The 2nd offer concerned PwC US buying Applications Consulting Training Answers (Acts).
These are technological know-how M&A deal selection 589 and 590 that ChannelE2E has protected so considerably in 2022.
PwC Would make a Pair of Cloud Consulting Acquisitions
PwC, dependent in London, was founded in 1998 by means of the merger of Coopers & Lybrand. The company has 277,846 workforce stated on LinkedIn. PwC’s locations of knowledge include assurance, tax and advisory solutions, IT consulting, cybersecurity and managed stability providers.
PwC’s most recent acquisitions require:
- Zero&1, started in 2017, is primarily based in Dubai, United Arab Emirates with an more area in Beirut, Lebanon. The business has 41 employees detailed on LinkedIn. Zero&One’s spots of skills involve cloud, AWS, major info, blockchain, cloud migration, disaster recovery, backup, enhancement, IaaS, SaaS, machine learning, artificial intelligence, superior availability, fault-tolerance, government cloud, good city and IoT.
- Acts has 152 workers and is centered in Jacksonville, Florida. Acts parts of skills contain cloud, Microsoft Azure, cloud engineering and technological know-how remedies. The acquisition of Functions will lengthen the get to of PwC’s cloud expertise in financial expert services and accelerate cross-market modernization of Microsoft cloud solutions, the corporations claimed.
PwC Acquisitions: Govt Perspectives
Ali Hosseini, chief digital officer and companion, PwC Middle East, commented on the Zero&Just one financial commitment:
“The financial commitment in Zero&Just one grows our cloud capability and current proposition at a time where by AWS has fully commited to opening a amount of AWS data facilities in the UAE. Investing in Zero&1, the first and only local AWS Leading Companion in the Middle East, gives us stop-to-finish cloud transformation capacity, from method to execution. With bilingual abilities and a existence in the UAE and Lebanon, we’re self-confident that this investment decision further more allows PwC to serve clientele improved in the location and investigate new alternatives all over cloud migration, modernization and cloud-native products and services.”
Ali El Kontar, president, Zero&One commented:
“We are energized and humbled to have PwC on board with us, specifically specified the exceedingly popular and in demand attitudes about the providers we present, from cloud migrations to application modernization, DevOps, Analytics and much a lot more, in addition to our mutual aim on remaining persons-pushed companies. We are confident this financial investment will empower us to give even more to our shoppers, though using this chance to grow in the location and scale to guidance digital adoption that is escalating exponentially.”
Matt Hobbs, PwC U.S. Microsoft observe chief, commented on the Acts acquisition:
“We believe in the energy of the cloud to unlock innovation and benefit — and provide sustained enterprise outcomes. Marketplace-particular solutions are an crucial component of PwC’s cloud services strategy, which is why we are so energized to function with James Farhat and the entire Functions group. Our tactic to Azure is business cloud-initially to support our clients address their most pressing and essential troubles that deal with economic solutions companies each day.”
James Farhat, Acts founder and CEO, added:
“The cloud is continually evolving, that means there is a ton of prospect for even more innovation and advancement. I am unbelievably happy of what we have built at Acts and am enthusiastic for the future chapter. Collectively, PwC and Acts will intention to enable businesses innovate speedier and speed up their cloud journey, providing sturdy results for purchasers and continuing to be an market chief all over the economical products and services space and over and above.”
PwC’s M&A Action
PwC stays energetic in the M&A market, buying a vary of engineering services suppliers, IT consultants, MSPs and cybersecurity corporations. ChannelE2E maintains a routinely current listing of PwC acquisitions and investments, and their places of concentration below.
Most just lately, PwC acquired Netrovert, a consultancy that focuses on enterprise integration, mainly on the Salesforce MuleSoft platform. PwC acquired Venerate Alternatives for Salesforce cloud consulting expertise in June 2022. In May perhaps 2022, the organization acquired ID-Consult with/METUS and eilersconsulting for source chain management. In April 2022, PwC acquired Pollen8, a know-how consultancy centered on sustainability and green initiatives. In March 2022 the firm acquired a minority stake in Cybus GmbH, an industrial net-of-points (IIoT) software program enterprise and in January 2022 acquired SAP offer chain computer software skilled Olivehorse.