NEW YORK and COLUMBUS, Ohio, Aug. 4, 2014 (GLOBE NEWSWIRE) -- KPMG LLP, the U.S. audit, tax and advisory firm, today acquired the Workday Consulting Practice from AXIA Consulting, a provider of technology and business consulting services to local middle-market and Fortune 500 companies and government agencies.
The acquisition strengthens KPMG's capabilities around alliance partner, Workday, a provider of enterprise cloud applications for finance and human capital management. Adding AXIA's Workday team to KPMG's delivery capabilities further elevates the firm's position as a leader in global business transformation enabled by Workday.
Stephen Lis, KPMG's U.S. leader for Management Consulting, commented on the acquisition, stating, "We are very pleased to welcome AXIA's Workday consulting team members to the KPMG family. Their team has quickly become a 'go-to' partner for payroll, data conversion and integrations with Workday services, and we are looking forward to leveraging their expertise as we continue to bolster our strong position in the important Finance and HR Transformation market."
Stephen Chase, KPMG's service line leader for Technology, added, "Adding the deep and focused IT experience of these professionals to our Enterprise Solutions practice significantly advances our ability to address clients' technology enablement and enterprise transformation needs. In turn, AXIA's Workday professionals now have access to the extended capabilities that KPMG provides to the Software-as-a-Service (SaaS) Enterprise Resource Planning marketplace." Chase concluded, "We are happy to have them on board as we work with clients to successfully plan for, select, design, integrate, and implement SaaS-based solutions."
Ed Mueller, CEO and co-founder of AXIA also commented on the acquisition, stating, "KPMG is currently one of only a handful of Workday Partners that is building capabilities for full Workday Platform delivery, and the culture and vision of KPMG's Enterprise Solutions team provided an excellent fit for our team. The completion of this transaction enables AXIA to refocus all of our resources on our core consulting and advisory business."
Clearsight Advisors served as financial advisor to AXIA Consulting on this transaction. Financial terms of the agreement will not be disclosed.
About KPMG LLP
KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's member firms have 155,000 professionals, including more than 8,600 partners, in 155 countries.
About AXIA Consulting
AXIA Consulting is a premier consulting firm that provides technology and business consulting services to local middle-market and Fortune 500 companies as well as government agencies.
Focused on real, business oriented results, AXIA consistently delivers tremendous value by accomplishing projects on-time and on-budget while achieving our client's strategic, operational, and technology objectives.