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PwC Renaming Booz & Co. as 'Strategy&'


Tom Spencer

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As I highlighted yesterday on the Consulting Blog, PwC has completed its acquisition of Booz & Co, renaming the firm "Strategy&".

 

To read other people's views on the acquisition, here are a list of articles:

My views on the merger yesterday were quite negative, partly because it appears that PwC is moving quite quickly to integrate Booz & Co. Since cultural integration is a sensitive matter this would create potential for tension and flight of talent.

 

One glimmer of hope was highlighted by The Australian yesterday. The two firms are adopting an 18 month “buy and hold’’ period designed to let partners and clients get used to the merger.

 

Although Booz & Co has been renamed Strategy& it will continue to operate as a distinct and physically separate business co-branded with PwC as the firms develop and refine their strategy for end-to-end consulting services for major corporates.

 

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