Consulting firm PricewaterhouseCoopers LLC (PwC) said it acquired the corporate performance management business Paragon Consulting Group, who will become par of PwC Advisory’s consulting business with immediate effect.
As a result of this acquisition, PricewaterhouseCoopers will be able to leverage the Corporate Performance Management expertise of over 90 people within the teams based in the UK, Turkey and Singapore, as well as the joint venture in Dubai.

The deal will also unable PwC Romania to offer its clients turn-key CPM solutions, from concept, model and process design to system implementation services by leveraging on the proximity and regional experience of the Paragon consultants in Istanbul, Turkey.

“The economic upheaval in the past year has shown organisations the imperative of having access to the information they need to make business-critical decisions. Corporate performance management systems aim to help companies marshal essential information, often from across complex organizations, and access it at short notice. It helps them ensure that they can lead their people and continue to stay ahead in challenging economic times”, stated Dan Iancu (photo), Partner, Advisory, Performance Improvement, PricewaterhouseCoopers Romania.

With a team of 100 consultants, the Advisory Department of PricewaterhouseCoopers Romania has significant experience in areas such as performance improvement, business recovery and mergers and acquisitions support. The Performance Improvement group provides consultancy and support in areas such as business reorganizations, IT governance, risk management and internal controls.

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