NEWS27 March 2020

Deloitte buys Bistech

Asia Pacific Data analytics M&A News

AUSTRALIA – Professional services firm Deloitte has acquired data analytics and financial performance management business, Bistech, for an undisclosed amount.

Bistech co-owners, Shane Morgan, Justin Hoareau and Brad Culbert will join Deloitte’s analytics & cognitive consulting practice in leadership positions, with Culbert joining as a partner.

They, along with Bistech’s 17 experienced consultants, will work from Deloitte’s Brisbane office from the beginning of April.

Founded in 2000, and focused on the Queensland market, Bistech helps clients improve their business and performance with data, cloud technologies and analytics.

Deloitte CEO, Richard Deutsch, said: “As clients increasingly explore shifting their data capabilities to the cloud, businesses are at a tipping point as they adopt more holistic data strategies. Australia’s data analytics market is expected to deliver the fourth fastest growth rate in Asia-Pacific behind China, Indonesia, and India – so the timing is right for Deloitte to welcome Bistech’s significant capability and experience to our data modernisation practice.”

Morgan added: “We’re incredibly excited and pleased to be joining Deloitte’s analytics & cognitive team, which shares the same people values and customer focus we’ve built over the past 19 years in business.” 

@RESEARCH LIVE

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