PricewaterhouseCoopers (PWC) issued the following announcement on Jan 3.
PwC US announced it has acquired the technology, team and assets associated with the Minerva business from ClearPrism LLC, a privately owned professional services company.
The Minerva acquisition brings a talented team to PwC with unique technological expertise, as well as an asset with capabilities that will enhance our Deals practice with a new analytics-driven approach to value identification.
A key part of PwC’s purpose is helping clients solve important problems. The amount and diversity of capital available led to unprecedented M&A levels throughout 2021, with this trend expected to continue into 2022. Acquirers are still facing high valuations, which means it’s critical to go beyond typical M&A due diligence. Businesses must evaluate a company’s purpose, culture, and digital acumen because that increasingly affects how companies integrate and the value captured after the deal.
With the addition of Minerva, PwC is strengthening its human-led and tech-powered approach by adding data scientists and advanced technology to enable core diligence and planning, using advanced analytics and AI to accelerate and improve our work.
“At PwC, we continually innovate to discover how technology can help solve complex business challenges, build trust and identify new opportunities — not only for ourselves, but for our clients and communities,” said Colin Wittmer, PwC US Deals Leader. “The addition of Minerva’s capabilities will enable us to continue to achieve these goals. Combining people and the right technologies, we apply an innovative mindset to help drive the right business outcomes.”
Original source can be found here.
Source: PricewaterhouseCoopers (PWC)
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