Deloitte acquires Curach Consulting
Ireland consulting division to expand by 70 people.

Fuente:   Fecha:  16.12.2010

Deloitte acquires Curach Consulting

Deloitte Ireland, the business advisory firm, announced that it has acquired Curach Consulting, a leading Irish owned consultancy firm. Curach Consulting provides business advisory, delivery and diagnostic services to a range of significant blue chip clients across a number of sectors notably the financial services, technology and public sectors.

The deal will see Curach’s entire workforce of 70 join Deloitte Ireland’s 300 strong Consulting and Advisory practice. David Dalton, the Managing Director of Curach, will join Deloitte as a partner. David has over 25 years of consulting experience including 15 years in Accenture where he led the Strategy Consulting practice. David joined Curach Consulting in 2005 bringing extensive financial and banking consultancy expertise. Bruce Curtis, Head of IT Consulting at Curach, will join Deloitte as Director of Technology Integration services. Bruce also brings 25 years experience in financial services and IT consulting. Curach has an annual turnover of approximately €7 million.

Core areas of expertise at Curach include customer/channel management, IT, Oracle, programme and project management. The combination with Deloitte will lead to one of the largest teams of consultants and IT professionals focused on the Irish and financial services marketplace.

Pat Cullen, Managing Partner, Deloitte commented: “In the current business environment, many Irish businesses are looking to reduce costs and position themselves for growth. With general market moves towards IT outsourcing, corporate restructurings and M&A activity, we see increasing demand for our expert advisory services. We are delighted to welcome the Curach team into our consulting practice. The quality, experience and specialist skills they bring complement our existing expertise in this area.”

David Hearn, Head of Consulting at Deloitte, commented: “Deloitte is the number one consulting provider worldwide. This acquisition consolidates Deloitte’s leading position in the Irish marketplace with additional technology integration, strategy and operations expertise. Our clients face unprecedented challenges including cost pressures, sales challenges and increasing regulation and we are now even better placed in helping them address these. This combination creates the leading Irish team for organisational restructuring, market strategy, and information technology.”

David Dalton, Managing Director of Curach Consulting, commented: “We are very pleased to be joining forces with Deloitte, whose group strength will ensure we continue to offer high quality expertise to our clients and expand the range of expertise we provide. In the current environment, our clients are looking to review their business models and increase their use of technology to achieve greater efficiencies and cost reduction. Joining Deloitte will give us access to a leading range of tools and 170,000 professionals worldwide to help our clients.”

In September, Deloitte announced it was creating up to 200 new jobs over the next 12 months, including 30 new positions for technology consultants.

Pat Cullen, Managing Partner, Deloitte Ireland said: “Deloitte has built a leading advisory practice in Ireland and we believe our multidisciplinary offering is a competitive advantage for us in the current marketplace. This acquisition is a significant investment for the firm and we firmly believe it will position us for further growth in what still remains a challenging marketplace.”

Deloitte Ireland is a member firm of Deloitte Touche Tohmatsu Limited (DTTL). This year, DTTL announced that its member firms have risen to become the largest private professional services organisation in the world for the first time in the organisation’s history. With this milestone, Deloitte surpasses all competitors in the private professional services category to become the market leader based on revenue and headcount.