Our History

PricewaterhouseCoopers was created by the merger of two networks of firms — Price Waterhouse and Coopers & Lybrand — each with historical roots going back some 150 years. Set out below are some key milestones in the history of both firms.

1849      

Samuel Lowell Price sets up business in London

1854

William Cooper establishes his own practice in London, which seven years later becomes Cooper Brothers

1865

Price, Holyland and Waterhouse Join forces in partnership

1913

Coopers and Lybrand Deloitte opens office in St. Petersburg

1916

Price, Waterhouse and Co opens office in Petrograd

1957

Cooper Brothers and Co (UK), McDonald, Currie and Co (Canada) and Lybrand, Ross Bros and Montgomery (US) merge to form Coopers and Lybrand

1982

Price Waterhouse World firm formed

1995

Price Waterhouse opens Representative Office in Baku

1998

Worldwide merger of Price Waterhouse and Coopers & Lybrand to create PricewaterhouseCoopers

2010

PwC has refreshed its branding. The new branding includes a simplified logo consisting of the initials “pwc” in lower-case type. This formal shortening of the brand name will provide consistency and ease of use for PwC firms around the world.