Contact: Sorrelle Cooper
Deloitte
Public Relations
020 7303 4820
Deloitte today announces a deal with Burlington, the strategy consultants. Burlington is highly respected within the private equity industry for its ability to understand the full potential of a business prior to acquisition and mapping out how the inherent value can be extracted.
John Connolly, UK Chief Executive and Senior Partner at Deloitte, said: “With three partners and a team of circa 30 joining Deloitte’s corporate finance practice, the Burlington deal secures Deloitte’s position as the leading provider of quality due diligence services. Burlington’s industry expertise will be a fantastic boost to an already strong team.”
Allan Gasson, Managing Director of Burlington, commented: “We are extremely pleased with the agreement of this deal and look forward to our development with Deloitte. The combination of financial and commercial due diligence is becoming a critical area for competitive differentiation in the private equity market. Moreover, this deal will deeply enhance our ability to service our clients’ needs by delivering the huge wealth of sector expertise at Deloitte and providing the broadest service of all the ‘Big 4’: corporate finance, tax, audit and consultancy.”
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Notes to Editor:
About Deloitte
In this press release references to Deloitte are references to Deloitte & Touche LLP.
Deloitte & Touche LLP is the UK's fastest growing major professional services firm based in 21 UK locations, with over 10,000 staff nationwide and fee income of £1,246 million in 2003/2004. It is a member firm of Deloitte Touche Tohmatsu, a leading professional services organisation, delivering world class audit, tax, consulting and corporate finance services, with around 120,000 people in over 140 countries. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity.
Deloitte & Touche LLP is authorised and regulated by the Financial Services Authority.
The information contained in this press release is correct at the time of going to press.
