February 14, 2019
For the second consecutive year, PwC was named a leader in The ALM Vanguard: Transactions-Divestitures Consulting report. Being assessed as a “leader” is defined as a practice at the top of the market in terms of capabilities to create client impact through their depth of expertise and ability to deploy it across a range of engagement models. Leaders are unique in their ability to independently execute end-to-end projects across the full spectrum of client contexts. They range from providers to top quintile in terms of depth of capability for low-complexity engagement models to those that combine above-average depth of capability, with the ability to deploy it across the high-complexity engagement models.
“We are pleased to be ranked as an overall leader in Divestitures Consulting by ALM Intelligence,” said Mike Niland, PwC’s US Divestitures Services Leader. “PwC helps our clients confidently divest the right assets at the right time to drive and secure value. Our global team comprised of deals strategists, specialists and data scientist work on hundreds of divestitures every year. We realize that divestitures can be complex, so we collaborate closely with our clients and provide a robust digital divestiture solution to analyze the options of each deal from all angles, providing transparency and insights throughout the process.”
According to the report, “Clients – and this extends by now well into the middle-tier strata – have become more sophisticated about their portfolio and general growth strategy, and divestitures are an important tool in that kit.”
PwC is also recognized for being best in class for Project Management and a leader in technology in the Divestitures space. Tomek Jankowski, author of the report, says, “PwC consistently maintains team composition over long-term, complex deals. With its integrated delivery playbook, PwC is one of only a handful of firms able to play the lead project management role and shepherd clients through complex, multi-track deals.” Jankowski also stated that the firm, “leads with technology as an integral part of a larger TAS process, using that technology to both improve client access and information while reducing cost. PwC combines this with the ability to offer a unified, relatively seamless approach across the span of the deal, whether global or local.”
The assessment on PwC concludes, “While all consulting firms are investing in data analytics capabilities and other related technology in response to client demand, PwC is more advanced than most, relying heavily on technology assets as part of its TAS client experience. PwC also uses these technologies to proactively identify M&A opportunities.”