Big Four firm PwC has announced a series of investments in the Saudi market, spanning area such as people, innovation, and community impact. “Saudi Arabia is central to our Middle East strategy and we look forward to continue to play an important role in the Kingdom’s next chapter of transformation.”
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Investments
Boutique advisory firm Maven Investment Partners has welcomed former EY leader Murtaza Chevel to its team as a senior partner.
Asset manager BlackRock will launch an investment platform in Riyadh with the help of a $5 billion anchor investment from Saudi Arabia's Public Investment Fund, the kingdom's sovereign wealth fund.
Funds advised by Apax Partners LLP (“Apax”) today announced that they have reached a definitive agreement to acquire the Zellis Group (“Zellis” or “the Company”) from Bain Capital.
In the largest private equity transaction in the profession to date, Chicago-based Grant Thornton (FY22 net revenue of $2.3 billion), the 7th largest accounting firm in the country, has accepted a significant investment from New York-based New Mountain Capital.
BCG Digital Ventures (BCGDV), the business-building and corporate innovation arm of Boston Consulting Group (BCG), announced its previous investment in three ventures: SOL-X, Chord X, and Spares CNX.
Arthur D. Little (ADL) today announced the acquisitions of Cutter Consortium, a business technology research company based in the US, and Presans, a leading player in industrial open innovation based in France.