EY (Ernst & Young) continues to acquire IT consulting firms with expertise in application, cybersecurity, and managed services.
Here is a regularly updated list of EY acquisitions:
April 11, 2022: SAP partner Client Solvers (Holding), known as Client Solutions.
10. February 2022: T-Plus Consulting of South Korea.
9. March 2022: EY Canada, part of Ernst & Young, has acquired ServiceNow partner SuMO IT Solutions.
8. August 2021: Ernst & Young, Australia acquired MSSP and cybersecurity consulting firm SecureWorx.
7. November 2020: Zilker Technology, an e-commerce, digital, managed services and cloud consulting company.
6. November 2020: cloud identity management company IDMSense.
5. December 2019: They are Solutions’ cyber practice.
4. September 2019: provider of managed detection & response (MDR) ElevatedPrompt.
3. February 2019: SAP consulting firm Plaut IT.
2. November 2018: Adelphi Digital, a digital consultancy firm with operations in Singapore and Australia.
1. August 2018: Riverview Law, a legally managed service provider.
IT Consulting Mergers and Acquisitions: Buyers and Investors
Ernst & Young (EY) is essentially competing on the M&A front compared to accounting rivals Deloitte, PriceWaterhouseCoopers (PwC) and KPMG. Moreover, M&A competition continues to intensify compared to such companies as Accenture and IBM.
In many cases, IT consulting firms seek managed security, cybersecurity and application expertise. Talent acquisitions involving Amazon Web Services (AWS), Microsoft Azure, Salesforce, ServiceNow and SAP-oriented consultancies also remain frequent.