Press release

EY announces the acquisition of Greenwich Consulting

New York, 16 September 2013

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Ernst & Young LLP, a member firm of the global EY organization, is pleased to announce that Greenwich Consulting has been acquired by the organization’s member firm in France, a move that will expand EY’s service range worldwide notably in growth strategy, marketing, digital and data-analysis. 130 Greenwich Consulting employees will now be working with EY Advisory teams across three continents to strengthen the network’s strategy and customer and innovation capabilities, helping clients transform their businesses. This acquisition is part of EY’s global growth strategy.

Greenwich Consulting, including its business in the US, will be integrated into EY Advisory Customer Business teams to strengthen EY’s capabilities in growth strategy, marketing strategy, product marketing, marketing effectiveness, advanced pricing and customer analytics.

"We are very excited to welcome the Greenwich team across our different member firm geographies worldwide,” said Woody Driggs, EY Global Advisory Customer Lead. “This acquisition aligns with EY’s ambitious growth plan. These combined operations will expand our ability to meet our clients’ expectations. We are delighted that the highly talented Greenwich Team has decided to continue their careers at EY.”

Pierre Beaufils, President of Greenwich Consulting based in New York, is thrilled with the combination: "This is great news for the work we do and the clients we serve. As a global leader, EY has succeeded in retaining a strong entrepreneurial culture that we believe parallels our own. With our combined experience and collective insights from around the globe, we will be well positioned to help accelerate our clients’ growth.”

This acquisition will further strengthen EY Advisory practices worldwide as a major player in providing performance improvement, risk consulting and business transformation services.

About Greenwich Consulting

Created 12 years ago, Greenwich Consulting has experienced 35% growth per annum and achieved a turnover of 25 million Euro in 2012. Greenwich Consulting specializes in strategy consulting and from its 7 offices in Europe, North America, Africa and the Middle East has developed unique skills in the fields of marketing, distribution, client relationships, digital transformation, data analysis and growth strategies.

About EY

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

This news release has been issued by Ernst & Young LLP, an EY member firm providing services to clients in the US.

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