PwC Completes Acquisition of Ray Group International
Deal strengthens PwC's technology consulting and implementation services for public sector clients
NEW YORK, Nov. 12, 2012 /PRNewswire/ -- PwC US today announced that it has acquired Ray Group International, LLC (RGI), a consulting firm specializing in information technology (IT) and program management consulting services for federal government entities. The addition of RGI builds upon PwC's strengths in technology consulting and implementation for public sector clients, particularly in the areas of IT strategy, enterprise architecture, and program management.
RGI's consultants have joined PwC's existing team of professionals that serve the public sector. Former RGI CEO, Ronald E. Ray, former RGI President, Michael Louden, and former RGI COO, Michael Hecker, have joined PwC in key leadership positions.
"We are very pleased to welcome Ray Group's highly skilled team of professionals to PwC's Public Sector practice," said Scott McIntyre, PwC's U.S. Public Sector Practice Leader. "The core skill set of the RGI team strongly complements PwC's existing services in healthcare IT, program management and communications consulting. Their client-centric approach mirrors our own, and we know they will bring tremendous additional value to our clients. PwC's Public Sector practice helps solve critical issues that matter most to our federal government clients and this capability enhances our ability to add value to these complex challenges."
The acquisition reflects PwC's commitment to building depth in areas that meet the needs of its clients, addressing their most complex business challenges, from strategy to execution.
"We are excited to join forces with PwC, a trusted advisor to the federal government," said Ronald E. Ray, former CEO of Ray Group International. "This is a tremendous opportunity for the RGI team and for our clients. At RGI, collaboration has always been a cornerstone to our success, and we look forward to teaming with our new colleagues to bring creative solutions to our clients."
The acquisition was completed on November 6, 2012. Financial terms of the transaction will not be disclosed.
To learn more about PwC's Public Sector practice, visit www.pwc.com/publicsector.
About PwC's Advisory Practice
PwC's Advisory professionals help organizations improve business performance, respond quickly and effectively to crisis, and extract value from transactions. We understand our clients' industries and unique business challenges, and look across the entire organization — focusing on strategy, structure, people, process and technology — to help clients build their next competitive advantage. See http://www.pwc.com/us/consulting for more information or follow us @PwCAdvisory.
About the PwC Network
PwC firms help organizations and individuals create the value they're looking for. We're a network of firms in 158 countries with more than 180,000 people who are committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com.
© 2012 PricewaterhouseCoopers LLP, a Delaware limited liability partnership. All rights reserved. PwC refers to the US member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.
SOURCE PwC US
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