PwC acquires the Mokum consultancy

ACCOUNTANCY group PwC has acquired a consultancy firm called Mokum which has offices in London and Manchester.

It specialises in advising clients on the use of Oracle accounting software.

PWC said the deal, for an undisclosed sum, would meet the increasing demand from clients for technology expertise.

The deal will mean around 145 Mokum staff in London and 15 at an office in Manchester’s Spinningfields will join PwC, including two as partners.

Neil McTiffin, PwC’s head of consulting for in the North West, said: “From banking to retail, many of our clients are facing major challenges which require them to transform how they do business, and technology is key to this.  The acquisition of Mokum is central to us helping companies with this journey.

“The deal complements our current Oracle capability which, combined, will comprise one of the largest Oracle technology practices in Europe.  Mokum has a strong market position and brand which will allow us to continue to build our market share and considerably grow our revenues in this highly competitive space.”