EY adds boutique Axiom to Forensics & Integrity Services practice
In its third deal in just as many months, EY has acquired Axiom Forensics, a boutique disputes resolution and forensic accounting firm.
Commenting on the deal, David Larocca, EY’s CEO for Oceania, said, “I am excited to welcome the team from Axiom Forensics to our Assurance practice in Sydney, and in particular to the growing Forensics team.”
“Our strategic ambition is to grow the Forensics practice across Oceania, and the calibre of the team at Axiom Forensics will assist us in achieving this ambition. They were already well known to our team and are a great cultural fit with EY as we work together to build a better working world.”
Founded in 2004, Axiom Forensics offers independent expert forensic accounting, valuation and dispute consulting services, backed by capabilities in technology and data analytics. The firm works for clients across sectors, with a strong focus on legal firms.
“Axiom Forensics have great relationships with the major law firms, particularly in Sydney and this will benefit our clients as well as EY,” said Rob Locke, EY’s Forensic & Integrity Services Leader for Oceania. “We have known and observed Axiom Forensics for many years and have been great, albeit begrudging admirers of their work. In our opinion, they are the best in Sydney at what they do so the decision to ask them to join EY was an obvious one.”
As part of the deal, nine professionals are joining EY, including Michael Potter and David Mullins – both have been appointed a partner in the Forensics & Integrity Services practice based out of the Sydney office.
“We realised we needed to join a large consulting firm in order to grow our business to the next level. We have gotten to know and respect several of the partners at EY over the years, and so we knew it would be a good fit for us and for EY. We already feel part of the team,” said Potter and Mullins.
In April this year, EY acquired customer transformation consultancy Blackdot (65 professionals) and project management consultancy Cadence (45 professionals).
