Deloitte sign deal to acquire IT consulting company System Dynamics
Press Release
Deloitte, one of the world’s largest professional services firms, today announces the acquisition of System Dynamics, one of Ireland’s biggest technology consulting businesses which has been serving Irish and UK clients for 40 years.
The acquisition will further boost Deloitte’s leading position in consulting in Ireland, adding both to the scale and capability of its technology consulting business.
Commenting on the deal Deloitte Managing Partner Brendan Jennings said: “This is an extremely positive development for Deloitte in Ireland. We have experienced huge growth in demand for our technology consulting services including digital, analytics, FinTech and cloud services, as well as broad demand for more traditional IT and enterprise resource planning services. We have been investing heavily in these areas, including the acquisition of Curach Consulting in 2011, bringing our current Consulting & Advisory team to over 1,000 in Ireland. Our plans are to expand our range of technology services to Irish based clients and scale up the services we export through Deloitte’s network of offices in 150 countries.”
According to Tony McGuire, CEO of System Dynamics: “This development gives us the scale to work with larger clients nationally and internationally, while giving existing clients access to the broad range of services offered by Deloitte including business advisory services and global delivery centres.”
As the world’s largest management consulting business, Deloitte is distinct in its ability to help clients solve their most complex problems, from strategy to implementation. The team has the ability to integrate a broad range of talent and skills – across human capital, strategy & operations, and technology – aligned to the unique needs of clients’ industry sectors, businesses and organisations.
System Dynamics provides professional services including programme management, business and IT change; development services including design, development, implementation and support services; asset management services to help clients optimise returns from IT; and software sales. It has particular strengths in financial services and in the public sector and has invested in leading technical capabilities. The company has a service delivery capability of over 200 people in Ireland. It is a past platinum winner of the Deloitte Best Managed Companies awards. All System Dynamics staff will transfer to Deloitte Consulting.
About Deloitte
At Deloitte, we make an impact that matters for our clients, our people, our profession, and in the wider society by delivering the solutions and insights they need to address their most complex business challenges.
As the largest global professional services and consulting network, with approximately 457,000 professionals in more than 150 countries, we bring world-class capabilities and high-quality services to our clients.
In Ireland, Deloitte has approximately 3,000 people providing audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. Our people have the leadership capabilities, experience and insight to collaborate with clients so they can move forward with confidence.
In this press release references to Deloitte are references to Deloitte Ireland LLP. The information contained in this press release is correct at the time of going to press. Deloitte Ireland LLP is the Ireland affiliate of Deloitte NSE LLP, a member firm of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”). DTTL and each of its member firms are legally separate and independent entities. DTTL and Deloitte NSE LLP do not provide services to clients. Please see www.deloitte.com/about to learn more about our global network of member firms.
Media Contact(s):
Declan Jackson
Deloitte Ireland Communications
dejackson@deloitte.ie
+353 1417 3522
Olwyn Flanagan
Deloitte Ireland Communications
oflanagan@deloitte.ie
+353 1417 3681
Georgina Francis
Deloitte Ireland Communications
gefrancis@deloitte.ie
+353 1584 5459