PwC acquires Outbox to bolster cloud services business

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Outbox works on Salesforce, Oracle, SAP and Microsoft Dynamics projects

PwC is acquiring acquiring European technology consulting business Outbox Group, bolstering its ability to offer specialised cloud-based solutions to enterprises.

Poland-based Outbox specialises in technology services working with leading platforms such as Salesforce, Microsoft Dynamics, Oracle and SAP.

auditing software finance deal agreement contractThe deal comes after previous acquisitions by PwC, including the European consultancy Mokum, and Booz & Company in 2014.

The addition of the Outbox Group will increase the firm’s contingent of technology practitioners to almost 3,000 across EMEA. More than 250 Outbox employees will join PwC.

PwC’s UK and EMEA technology consulting leader Jonathan Tate said: “Outbox will allow us to present a truly differentiated offering, enabling us to deliver larger and more transformational solutions to businesses across the UK, Poland and the rest Europe.

It will also support one of the firm’s strategic priorities to further embed technology into its services.”

Outbox managing director Nicholas Mobbs, who will join PwC as a partner, said: “We created Outbox 10 years ago in Poland. Through dedication and hard work we have tapped into the wave of disruptive technological change.”

He said: “This deal will provide PwC with the ability to offer a unique combination of world class skills and services, by delivering true cloud-based business transformation projects to the market and benefiting existing clients.

The potential market for customer experience, CRM and digital is estimated at over 6 billion Euros and we see this growing even in challenging economic times.”

The deal, the value of which has not been disclosed, is expected to be formally completed next month, said PwC.

@AntonySavvas