EY Canada converts strategy and transactions practice to EY-Parthenon brand
EY Canada has converted its strategy and transactions practice to the EY-Parthenon brand.
The move is part of a broader EY global “all-in” strategy to deliver multidisciplinary and cross-functional transformation solutions, the firm said in a press release.
EY-Parthenon will now comprise 25,000 professionals in 150 countries, a 7,000% increase from when strategy firm Parthenon was initially acquired by EY in 2014.
The global EY network has 400,000 people providing services in audit, tax, and consulting.
“By leveraging unmatched experience in strategy, transactions and corporate finance under the EY-Parthenon brand, we’re delivering solutions that work in practice, not just on paper,” said Shane Dunn, Canada managing partner, EY-Parthenon.
EY-Parthenon is also making a US$250 million global investment into its AI-powered Edge platforms – including Competitive Edge, Diligence Edge, and Capital Edge. The three platforms provide AI-supported insights and benchmarks to support client transformations and transactions.
The Edge platforms draw on data from 26 million company profiles, 2.1 million transactions, more than 325,000 company reports, and 677 million news articles and proprietary data sources.
“With global presence, deep industry knowledge, comprehensive services, seamless cross-border collaboration and exclusive AI technology and data, EY-Parthenon is ready to guide Canadian companies to the next stage in their own transformational journeys," Dunn added.
