PwC US has completed its acquisition of Diamond Management and Technology Consultants (Diamond).
The acquisition of Diamond will add more than 500 consultants including 58 principals, who specialise in providing strategy, technology and management consulting services, to PwC’s advisory practice.
As part of the deal PwC will retain the Diamond brand as PwC’s Diamond advisory services and run the DiamondExchange senior executive thought leadership programme, becoming PwC’s DiamondExchange.
Former Diamond president and chief executive Adam Gutstein will continue to lead the Diamond team. Gutstein and the former management team will also join PwC’s advisory leadership group and will support the growth and development of the Big Four firm’s advisory business.