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February 17, 2014

PwC UK acquires European IT consultancy

PwC UK has acquired European technology consultancy Mokum, which specialises in Oracle applications implementation, managed services and related software.

The deal will add 160 employees to PwC UK and is said to enhance the firm’s IT enabled transformation capability.

PwC said the deal is part of its strategy to embed technology into its services and answers the increasing demand from clients for technology expertise to support broad business transformation programmes.

"From banking to retail, many of our clients are facing major challenges which require them to transform how they do business, and technology is key to this. The acquisition of Mokum is central to us helping companies with this journey," PwC UK board member and head of consulting Ashley Unwin said.

The deal is still pending regulatory approval.

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