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Deloitte strikes deal to acquire Monitor

Jan 15
Tags: Deloitte, Monitor
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Deloitte strikes deal to acquire Monitor

Deloitte has announced that it has acquired Monitor, one of the world's top strategy consulting firms.

In a statement, Deloitte said the deal would combine the strong brand of Monitor with Deloitte's extensive reach and resources.

It added that the deal was an important step in strengthening the company's position as one of the big players in strategy consulting.

Monitor will initially continue operations in the UK under the brand Monitor Deloitte.

David Sproul, senior partner and chief executive of Deloitte said that the deal was an indication of his company's ambition to continue growth within the UK, which will be spearheaded by its strategy consulting expertise.

He added: "This is an important, global transaction that further enhances our ability to serve clients from strategy to execution – helping them solve their most critical challenges and capitalise on opportunities in a global economy."

Deloitte has also been brought in to help the ailing high street retailer HMV, which has entered administration.

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