Andersen Acquires PwC French Consulting Operation

Andersen has announced the acquisition of the French firm, Price Waterhouse Management Consultants S.A.S. (PWMC), forming the leading strategic operational consultancy in France.

"We are delighted to welcome our new French partners and colleagues to Andersen," said Joseph F. Berardino, Andersen's managing partner/CEO.

The combined professional services firm will house 900 consultants and is expected to generate combined annual fees of $140 million. The business will be part of Andersen's Business Consulting practice which has global fees of more than $1.6 billion.

Olivier Chatin has been named to the position of managing partner for the combined practice.

"Our partners are eager to participate in Andersen's integrated international network," said Yves Jarlaud, PWMC's managing partner. "This was a deliberate choice reflecting our strong belief that this is a winning combination for our clients and our people."

You may like these other stories...

Here's a CPA who truly walks the walk. On March 15, Frank Ryan, CPA, departed San Diego, California, with plans to be in Ocean City, Maryland, by July 2 to teach a course at the Maryland Association of CPAs’ (MACPA...
When Theodore J. Flynn first joined the Massachusetts Society of CPAs (MSCPA) in 1970, it was a different world and a different profession.  The "Big Eight" were still headquartered in Boston. Vietnam War...
Accountant Rickey Charles Goodrich had it a little too good. Many bean counters would kill to serve as financial guru to the likes of Pearl Jam. Goodrich was hired in 2005, and the following year, he became the CFO of Curtis...

Upcoming CPE Webinars

Jul 31
In this session Excel expert David Ringstrom helps beginners get up to speed in Microsoft Excel. However, even experienced Excel users will learn some new tricks, particularly when David discusses under-utilized aspects of Excel.
Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.
Aug 20
In this session we'll review best practices for how to generate interest in your firm’s services.
Aug 21
Meet budgets and client expectations using project management skills geared toward the unique challenges faced by CPAs. Kristen Rampe will share how knowing the keys to structuring and executing a successful project can make the difference between success and repeated failures.