KPMG strengthens its CIO advisory capability through acquisition of Xantus

LONDON -- KPMG announced the purchase of Xantus, one of the leading independent management consultancies in the UK specialising in IT advisory services. Xantus is recognised in the market for the quality of the work it delivers to a range of top tier clients as evidenced by being double winners at the 2011 MCA Awards for IT Consultant of the Year and Strategy Project of the Year.

By broadening KPMG’s advisory capabilities, the deal will enable KPMG to better support its clients, at both Board and CIO level.

It works with a wide range of clients, including many FTSE 100 and equivalent organisations in the UK and overseas, across the private and public sector.

Commenting on the deal, Bryan Cruickshank, Head of IT Advisory in KPMG’s Management Consulting practice, said: “We are delighted to announce this deal. Our focus is on continually improving the quality and breadth of consulting advice that we can bring to our clients, and this acquisition will help us achieve that goal. Xantus is a leading player with top class credentials and an impressive client portfolio. We believe there is a great fit between KPMG and Xantus in terms of calibre of people and of clients, and a sense of shared values. Together, we can bring our clients insights that genuinely help them achieve their goals.”

Steve Watmough, CEO of Xantus, said: “We are very excited to be joining KPMG. It is a great development for the company, our staff and our clients. This deal represents a significant opportunity to accelerate the delivery of what has always been the Xantus vision - to become the leading advisor to the CIO community. Combining Xantus’ track record with KPMG’s global brand, reputation and scale offers a very powerful proposition.”

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