KPMG Acquires Microsoft Dynamics partner Crimsonwing

KPMG has confirmed that it has acquired Crimsonwing, a global IT company focusing on Microsoft Dynamics and e-commerce business solutions. The deal is valued at approximately $30 million.

The acquisition will better enable KPMG to help its clients transform their businesses and ensure they get the full benefit from their investments in new technology and information systems, said David Walsh, Crimsonwing's founder.

The new business, dubbed KPMG Crimsonwing, will be jointly owned by KPMG's firms in the UK, Netherlands and Malta. Walsh will be chief executive of KPMG Crimsonwing, which will combine KPMG's current Microsoft Dynamics teams in the UK and Netherlands with Crimson...

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