Deloitte has acquired substantially all the assets of global asset management strategy consultant Casey Quirk.
The deal, which terms were not disclosed, will see Casey Quirk’s partners and existing team transition to Deloitte and operate under the “Casey Quirk by Deloitte” brand.
“Casey Quirk is joining forces with Deloitte to broaden our global financial services footprint and deliver differentiated execution capabilities for our clients,” said Kevin Quirk, chairman of Casey Quirk.
“This combination brings together capabilities to help our clients drive transformational change across their organizations,” said Joe Guastella, US financial services consulting leader of Deloitte Consulting LLP.
“Together, we are positioned to work with our clients in responding to the range of quickly emerging, evolving and complex challenges, including globalization, innovation, competition and, most importantly, shifts in investor requirements,” Guastella said.
“This is the latest in a string of strategic acquisitions Deloitte Consulting has made in recent years to continue helping our clients solve their most complex business challenges,” said Janet Foutty, chairman and CEO of Deloitte Consulting LLP.
Established in 2002, Casey Quirk has more than doubled its staff in the past three years and opened offices in Hong Kong and New York. The firm claims it has advised a majority of the 50 largest asset management organizations worldwide, including eight of the top 10.