PwC has announced the acquisition of Olivehorse, a consultancy specialising in supply chain management technology.
Founded in 2012, Olivehorse provides end-to-end supply chain planning and management solutions to clients across SAP, Anaplan and Kinaxis. The consultancy is one of very few independents with SAP gold partner and supply chain management recognised expertise accreditations.
PwC’s acquisition of Olivehorse will strengthen its supply chain practice, bringing in a further 60 members of staff. Demand for supply chain expertise has increased rapidly during the pandemic and will be an area of key client demand going forward.
Fred Akuffo, co-founder and managing director of Olivehorse, said: “This deal represents the next step in the growth of Olivehorse as we join PwC and provides us with the ability to make an even bigger market impact. For our people, we are gaining access to a global brand and established digital tools and alliances which will further the value we can bring to our clients going forward. We look forward to this.”
Alistair Kett, consulting supply chain and operations leader at PwC, said: “I’m delighted that Olivehorse is joining PwC. By combining our capabilities, people, networks, and credentials, we are reflecting, in very real terms, our ambition to invest and grow quickly in this market. The challenges facing the UK and global economies in the field of supply, scarcity and disruption will all need innovative and technology enabled solutions and our new joint team is very well positioned to deliver these.”
The deal is expected to complete in Q1 2022.