Deloitte is soon to acquire a number of Sri Lankan and Maldives-based network firms currently owned by PricewaterhouseCoopers (PwC).
The acquisition will strengthen Deloitte’s presence within South Asia, fulfilling its objective of remaining innovative while meeting its clients’ “evolving needs.”
A spokesperson from Deloitte’s Sri Lanka branch told Financial Promoter the expansion aims to keep Deloitte competitive in the dynamic markets it operates in.
“Deloitte is scaling up its operations in Sri Lanka and the Maldives, which will enable us to provide more robust innovative and multi-disciplinary solutions to meet the evolving needs of our clients, our people and the communities we serve.”
“This expansion will allow us to continue to make an impact that matters in our ever growing and changing market,” the source told Financial Promoter.
Deloitte currently operates within 150 countries and territories, with its international offering mirroring its tagline “global strength, local delivery.”
PwC and Deloitte are considered two of the Big 4 accounting giants operating within financial consultancy, tax, risk advisory, and auditing.