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PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity due to local legislative requirements. [49] Much like other professional services firms , each member firm is financially and legally independent.
In 2011, PwC re-gained first place with 10% revenue growth. In 2013, these two firms claimed the top two spots with only a $200 million revenue difference, that is, within half a percent. However, Deloitte saw faster growth than PwC over the next few years (largely due to acquisitions) and reclaimed the title of largest of the Big Four in ...
A 2024 PwC report analyzing job advertisements found that AI skills, such as machine learning, are especially sought after within financial, professional services, and communications industries.
In June, PwC sold off its government consulting business, leaving PwC Australia as a tax advisory firm only. The consulting arm was sold for the price of $1 to private equity firm Allegro Funds. The business was renamed Scyne Advisory. [62] Scyne began with 117 former PwC partners, but would make over 1,500 offers of employment to other PwC staff.
Baker Tilly CEO Francesca Lagerberg told BI that she's ambitious for her $5 billion firm, but doesn't aim to take on the likes of EY, KPMG, and PwC.
Guidehouse began as PricewaterhouseCoopers' U.S. public sector business and in 2018, New York private equity firm Veritas Capital acquired the company.