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The latest news from the consultancy and IT services marketplace, with comment by Sarah Underwood.
Market News - Part 2 | Part 1
Deloitte Consulting prefers to be private
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Doug McCracken: more client-focused
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Deloitte Consulting is to take the management buy-out route to separate from its audit parent Deloitte Touche Tohmatsu. The result will be a privately-held company named Braxton, acting as a “client-focused consulting firm”, says CEO Doug McCracken.
Since announcing its intention to split from its parent in February, Deloitte Consulting has rejected the options of a sale to another firm, an IPO and an arms-length relationship with Deloitte Touche Tohmatsu.
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