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PricewaterhouseCoopers LLP acquires ACTS

Robust cloud proficiency to help drive clients’ profitability and efficiency

New York, NY - March 31, 2022 - PwC US, in collaboration with PwC Canada, announced its latest acquisition to solidify the firm’s place as a premier digital business provider. The firm has acquired substantially all of the assets of Applications Consulting Training Solutions, Inc. (ACTS), a leading cloud engineering services company that brings extensive cloud experience in financial services and cross-industry modernization of Microsoft cloud services.

ACTS’ certified cloud engineers have joined the top 1% of Microsoft US Azure Partners with Azure Advanced Specialization for Windows and SQL Server. The ACTS team joins the Cloud & Digital practice at PwC, bringing Microsoft cloud experience across Azure, Modern Workplace, Security, Dynamics and Microsoft managed services.

PwC’s global strategy, The New Equation, brings the best of its people and technology to help its clients build trust and deliver sustained outcomes. The addition of ACTS will help the firm strengthen its human-led and tech-powered approach to address clients’ biggest transformations as a strategic cloud solutions integrator. 

“We believe in the power of the cloud to unlock innovation and value — and deliver sustained business outcomes. Industry-specific solutions are an important part of PwC’s cloud services strategy, which is why we are so excited to work with James Farhat and the entire ACTS team,” said Matt Hobbs, PwC US Microsoft Practice Leader. “Our approach to Azure is industry cloud-first to help our clients address their most pressing and important challenges that face financial services firms every day.”

PwC is relentlessly focused on helping its clients solve faster, solve more and deliver business outcomes together. The firm’s business transformation capabilities and strong financial services sector expertise, together with ACTS’s technical capabilities and industry focus, will enable PwC to deliver a business leading ‘strategy through execution’ approach as the firm helps clients innovate and digitally transform their business. 

“The cloud is continually evolving, meaning there is a ton of opportunity for further innovation and advancement,” said James Farhat, ACTS founder and CEO. “I am incredibly proud of what we've built at ACTS and am excited for the next chapter. Together, PwC and ACTS will aim to help companies innovate faster and accelerate their cloud journey, delivering strong results for clients and continuing to be an industry leader throughout the financial services space and beyond.”

“We’re glad to see PwC continue to strengthen, not only its Microsoft Cloud expertise, but its financial services expertise, as well,” said Luke Thomas, Microsoft U.S. Banking Sector Lead. “With Azure’s breadth of services and our industry cloud offerings, PwC can help our mutual customers accelerate their cloud transformations with increased profitability, operational efficiency improvements and reduction of IT costs.”

“ACTS's approach to our cloud transformation was swift and holistic,” said John Crowley, Executive Vice President and CIO of Fidelity National Financial Inc.  “ACTS worked with us to identify our desired outcome and then got us there quickly by leveraging the power of their industry experience and their robust cloud engineering capabilities. The breadth of expertise and knowledge that both ACTS and PwC possess will allow them to deliver increasing value to clients and further enhance PwC's position in the cloud business."

PwC’s inorganic growth strategy has allowed the firm to add tremendous talent that is steeped in the leading cloud ecosystems, while deepening already-strong relationships with major cloud service providers, all in the service of continuing to build on the capabilities that have made the firm a leading digital business provider. 

About PwC

At PwC, our purpose is to build trust in society and solve important problems. Across our global network of firms of more than 295,000 people in 156 countries, PwC provides professional services across two segments: Trust Solutions and Consulting Solutions. Find out more at The New Equation.

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Chris Licata

Chris Licata

Consulting Solutions, Cloud & Digital, Emerging Tech, Tech, Media & Telecom, Transformation, Alliances, PwC US

Tel: +1 (201) 819 3284

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