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.

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

Professional Services Why Professional Services Firms Should Ditch Folders and Embrace Metadata

1y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

1y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine

Accounting Firms Turn Accounts Payable into a value-engine

1y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021

Making Tax Digital Digital Links: A guide to MTD in 2021

1y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource