Wednesday, May 15, 2024

CIO-SP3 Prime puts $500M services business up for sale?

Looking to free up their hands to pursue the growing business of auditing government agencies, this global consulting and advisory services firm with a substantial Federal Health footprint across VA, CMS, MHS and HHS is reported to be shopping around their government consulting practice.

PWC to sell government services practice: sources; Mike Stone; DECEMBER 8, 2017, Reuters

“WASHINGTON (Reuters) – Global financial auditing and consulting company PricewaterhouseCoopers LLP is exploring the sale of its government consulting practice, which could fetch about $500 million, four people familiar with the matter said this week.

The sale would give PWC a freer hand to pursue the growing business of auditing government agencies. Professional standards restrict the kind of consulting services audit companies can offer to government customers, which are deterred by even the appearance of conflicts.

Wall Street investment bank…” Read Full Article Here.

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Jackie Gilbert
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.

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