KPMG will acquire Towers Watson’s Human Resources Service Delivery (HRSD) practice in the coming weeks under an agreement made by the two
giants this week. The deal will see industry-leading HR consultants from the United States, United Kingdom, China, Hong Kong, Singapore and the Philippines join the KPMG team.
The HRSD practice has been described as a leader in HR transformation with a particular edge in HR service delivery. Notably, it has kept up with the pace of change worldwide, as technology has played a more prevalent role, highlighting the importance of cloud-based solutions and developing cutting-edge technology skills. As a result, the practice has won several awards including Workday Consultant of the Year in 2009 and 2010, and recently was named to the Winners Circle in the inaugural HfS Blueprint Report for Workday Services.
Commenting on the acquisition, Mark Spears, Global Head of People and Change and Leader of the Global HR Centre of Excellence, KPMG said, “Globally we are making tremendous progress in HR transformation and this is being recognised by clients and analysts alike. This acquisition significantly increases our capacity and ability to serve our global clients in all geographies.”
As part of the deal, KPMG will continue to invest in Towers Watson’s long-standing HR Service Delivery and Technology Survey. The survey is delivered to HR and technology leaders globally at the Towers Watson HR Service Delivery and Technology Forum, a feature the firm will also continue to invest in.