Comments on: Is A Big 4 Firm Buying BearingPoint?

By: re: The Auditors » Blog Archive » Auditors and Consulting: Claims Of No Conflict Strain Credibility

Mon, 14 Feb 2011 15:52:29 +0000

[...] PwC’s purchase of BearingPoint’s commercial business and heavy emphasis on reestablishing their SAP and Oracle implementation business once the non-compete with IBM expired in mid-2007 has led, according to sources, to a “winning is everything” attitude. That attitude, in turn led to mistakes like using the firm’s relationship with Satyam, an audit client, as a selling point for its outsourcing and systems intergration services. It’s also led to the scathing indictments of selling practices found in a recent United nations Inspector General’s report of PwC’s win of a multi-year, multi-million dollar SAP engagement. “…Van Essche and UN procurement officials committed “serious breaches” of UN rules to favour PwC over other bidders, the report says. [...]

By: re: The Auditors » Blog Archive » Deloitte’s Troubles Bubble To Surface

Thu, 03 Feb 2011 23:10:42 +0000

[...] with their reputation as the go-to firm for solving problems in tough places. Their acquisition of BearingPoint’s Federal Services practice only solidified that preeminent position as the masters of black ops magic. But notice [...]

By: re: The Auditors » Blog Archive » PwC Trying To Buy Consulting Revenue Again With Diamond Deal

Thu, 26 Aug 2010 17:14:52 +0000

[...] happened after PwC bought Bearing Point and it’s “highly talented professionals with a proven track record of consistently [...]

By: re: The Auditors » Blog Archive » PwC’s “Bundler” Outlives His Usefulness

Sat, 12 Sep 2009 05:17:20 +0000

[...] up with another brilliant plan to grow business in the Advisory practice. That’s when the rumors of PwC buying BearingPoint, the whole enchilada, started. I reported that strong rumor in early February. By the end of [...]

By: Dileep Varma

Dileep Varma — Wed, 17 Jun 2009 05:20:57 +0000

Keane is almost in final stage of Acquisition of Bearing point. This is confirmed through an internal communication to Keane employees

By: re: The Auditors » Blog Archive » How Satyam Supported PwC’s Schizophrenic Strategy To Reenter The Systems Integration Business

Thu, 11 Jun 2009 04:38:29 +0000

[...] recruiting SAP, Oracle, and other technical specialists as well as planning on acquiring them from BearingPoint. This is despite the fact that PwC still isn’t being honest with itself about whether [...]

By: re: The Auditors » Blog Archive » An Amazing Internship Opportunity - A Public Service Announcement For My Friends At Publicis

Sun, 29 Mar 2009 17:22:13 +0000

[...] rush into working for just anyone, especially not the Big 4 audit firms and their “consultancies.” Plenty of time for that later when things settle [...]

By: Tim Norris

Tim Norris — Fri, 27 Mar 2009 14:04:13 +0000

This is great news. Now maybe my Managing Durector friends will return my phone calls. I have a feeling that they have been told to talk to no-one. If only they were Toxic Assets there might be a way out…

By: Pages tagged "keane"

Pages tagged "keane" — Wed, 25 Mar 2009 10:40:33 +0000

[...] bookmarks tagged keane Is A Big 4 Firm Buying BearingPoint? saved by 2 others memorii215 bookmarked on 03/25/09 | [...]

By: ClownCollege

ClownCollege — Wed, 25 Mar 2009 02:06:54 +0000

A straight buy-out of BE never made sense, which is the issue most people had with your original posts, which clearly alluded to a 100% purchase. This latest news is little more than a liquidation saleleading into bankruptcy proceedings for the remainder of BE.

I’d say you were about half right in your original post. D&T bought a portion of BE’s public services segment, which was a little less than 40% of their revenues, and PwC bought about 14% of BE’s revenue, represented by the commercial services segment. Together, just about 50%. But since you said it twice, I guess 50% + 50% = Francine was 100% right.