After striking deals with consultancy firms Black Dot and Cadence in April, Ernst & Young (EY) has continued to strengthen its internal capabilities with the acquisition of Sydney-based boutique forensic accounting firm Axiom Forensics for an undisclosed price.
According to EY Oceania forensic and integrity services leader Rob Locke, the acquisition will help the department become a pre-eminent provider of dispute and claims services in Australia and New Zealand, able to better serve clients, particularly legal firms.
Founded in 2004, Axiom Forensics offers independent expert forensic accounting, valuation and dispute consulting services for pharmaceutical, mining, telecommunications and financial services clients.