Veritas Capital Sets PwC Free From Its U.S. Public Sector Business

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It’s not every day that a Big 4 firm sells a piece of it lucrative consulting business, so, hey, look: Veritas Capital is buying PwC’s Public Sector Business.

It’s a relatively small part of the firm; only 1,500 partners and staff make up the group, one that Tim Ryan called “a tremendous business” in an interview with The Wall Street Journal. Ryan said “We’re focusing on where we can be the most capable,” so I guess that means PwC will be dropping that Oscars gig any day now.

[Press Release, WSJ]

 

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