PwC was announced as a Leader in ‘Joint Ventures & Strategic Alliances Consulting 2019’ and “Best in Class for Operating System” by ALM Intelligence, a company that assesses consulting firms in defined markets on the basis of their breadth and depth of service capabilities and ability to deploy those across highly-complex client requirements.
According to the report, “There was a period in the years immediately after the 2008 economic recession when companies waited for the dust to clear. The dust – in the form of increased uncertainty in markets, economies, societies (and therefore) in politics – never completely cleared, and companies today understand they must forge ahead with their growth agendas. Joint ventures and strategic alliances have proven an important tool for growth strategies in the post-Great Recession era, providing companies greater options for growth around challenges of scale, scope, risk, cost, capital intensity, market access, technology access, product development, resources access, regulatory management and geopolitical navigation.”
Commenting on the leader status, ALM states that “PwC has formulated a strong portfolio and growth strategy approach to joint ventures and alliances, combining its increasingly potent Strategy& capabilities with its integrated risk, operations, technology, enhanced human capital, tax, and TAS services to provide a holistic, outcome-focused approach to joint ventures, conscious of both results and cost.”
Additionally, PwC has been named ‘Best in Class’ for Operating System. The report states that “PwC has gone further than most of its peers in taking its own medicine, so to speak, in encouraging upskilling opportunities for PwC employees to wed the digital experience with their own areas of focus, and this translates into more advanced technology and digital management capabilities with clients’ physical and technology assets in complex joint ventures. PwC has also been ramping up its human capital capabilities in recent years, a further important dimension to its offering in joint ventures & alliances.”
Commenting on PwC’s approach, Tomek Jankowski Senior Analyst, Management Consulting Research at ALM and author of the report states: “In M&A, PwC has increasingly moved its focus upstream in the deals process and this is particularly true in joint ventures and alliances. It has captured more projectshare in the joint venture process by expanding its full, end-to-end capabilities across the process, particularly around design and planning, giving the firm greater gravitas in early stage portfolio strategy discussions. PwC takes the long-term view, using analytics and economic modelling to help ensure clients achieve the outcomes they anticipate from their joint venture.”
Malcolm Lloyd, Global Deals Leader, PwC, said, “We are delighted to be recognised as a leader by ALM Intelligence in helping our clients to find the right joint venture or alliance partnership. Our team couples an understanding of the space you’re entering with insights into broader business trends so that we can help you create an alliance or joint venture strategy and structure your partnership upfront for better results downstream. Using our regional and industry know-how, we guide you through the intricacies of local markets to enhance deal value at every point–from structuring through to exit. With PwC Deals, you can accelerate your speed to market, enhance your competitive advantage and provide your business with a solid foundation for growth.”
Gregory McGahan, Partner, Deals, Alliances Services Leader, PwC also commented: “This is a great result for us. Finding the right joint venture or alliance partner means you can build on your core capabilities for greater strength. Alliances and joint ventures are often likened to marriages, where both parties need to work together, respect one another and be willing to compromise. Trust and collaboration are necessary. We work with our clients to build a strong business strategy combined with a well-planned execution that helps to unlock the value in their investments.”
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