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Deloitte in the Middle East strengthens public sector strategy through the acquisition of BearingPoint Public Services Practice |
As a demonstration of its commitment to serving government clients globally and in the Middle East, Deloitte entered into a transaction whereby it acquired a substantial part of BearingPoint’s Public Services Practice. In addition to working in 60 developing countries, BearingPoint, a management and technology consulting company, served a large numberof governmental entities in the Middle East. The acquisition of BearingPoint’s assets encompasses their existing public sector and donor-funded contracts in the Middle East.
“This strategic move comes at a time when, due to the global downturn, governments are emerging as the biggest spending entities, and are pursuing initiatives to kick-start their economies,” said Nader Srouji, partner in charge for consulting at Deloitte in the Middle East. “The public sector is changing rapidly and has significant growth potential. For Deloitte, this has naturally meant an increase in public sector business and our acquisition of BearingPoint reflects our desire to meet the changing needs of governments through continuously offering best in class services”, he explained. As a result of the acquisition, Deloitte consulting arm in the Middle East deepens and widens its capabilities to target the public sector in the Middle East with greater efficiency. “Deloitte aims to be among the top professional service providers in this space, having sharply improved its ability to deliver services across the full spectrum of public sector clients―in areas of strategy, business, technology, and human capital” added Srouji.
More than 4,000 practitioners from BearingPoint’s Public Services practice have since joined Deloitte, a number of those joining the consulting practice of Deloitte in the Middle East. Former managing director of BearingPoint Middle East and North Africa operations, Abdelhamid Suboh, has been appointed the partner in charge for the public sector industry at Deloitte in the Middle East.
“With the addition of public sector specialized resources, which complement Deloitte’s existing robust public sector offering and geographic coverage, we will be able to provide a wider range of services to the public sector. This will provide us with capabilities to provide effective solutions as we understand the culture and constraints of this region. With such synergy, we will be able to deliver more insights and solutions to address the public sector issues” said Abdelhamid Suboh.
Deloitte Middle East’s Consulting practitioners serve a variety of key industries in the region, including energy and resources, real estate and hospitality, telecommunications, consumer business, financial services industry, and public sector.
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Deloitte in the Middle East strengthens public sector strategy - AR
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