PwC | News | M&A in consulting

An overview of PwC news in Australia:

Teneo acquires PwC’s restructuring arm in New Zealand following Aussie addition Global business advisory Teneo has purchased PwC’s restructuring services practice in New Zealand after picking up its Australian arm last year, adding a further two dozen professionals.
13 January 2026
Teneo makes major Aussie push through purchase of PwC’s restructuring arm Global consultancy Teneo has purchased PwC’s Australian restructuring arm, in the process launching its financial advisory business downunder with over 80 professionals already in place.
17 July 2025
PwC in talks to sell Australian restructuring business to Teneo After offloading its public sector and Indigenous consulting divisions, professional services firm PwC is now looking to sell its Australian insolvency practice, with global player Teneo in pole posi
04 December 2024
PwC explores sale of stake in Indigenous consulting business PwC has reportedly floated its minority stake in PwC’s Indigenous Consulting out to potential buyers, with the firm’s public sector freeze causing problems for the First Nations practice.
20 March 2024
PwC to sell 1,750-strong government business for $1 to Allegro Professional services firm PwC has agreed to sell off its embattled Australian government business – for the symbolic fee of just $1 in a bid to restore faith in the firm’s brand.
25 June 2023
PwC doubles Salesforce practice in New Zealand with Be Intelligent Big Four firm PwC has bolstered its Salesforce capabilities in ANZ with the acquisition of Be Intelligent, adding a team of around 20 consultants to its footprint across Aotearoa.
21 February 2023
PwC picks up tax advisory Greenwoods & Herbert Smith Freehills Specialist tax advisory Greenwoods & Herbert Smith Freehills is set to join PwC’s financial advisory practice, with a team of 15 partners and 50 tax professionals to cross mid-year.
28 February 2022
PwC expands NewLaw offering through CXINLAW pick-up The legal services division of PwC Australia has snapped up CXINLAW, expanding its transformative NewLaw offering from in-house legal teams to law firms.
25 October 2021
PwC acquires strategy software boutique Mindmatter Matthew Tutty, the founder and CEO of Melbourne-based strategy consulting and software company MindMatter, has announced its acquisition by professional services firm PwC.
12 October 2021
PwC buys cybersecurity firm and CyberArk partner WebSecure Sydney-based WebSecure Technologies has been picked up by PwC, with the company to be integrated under the PwC banner.
12 October 2021

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