KPMG LLP has bought 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.
Clearsight Advisors served as financial advisor to AXIA Consulting on this transaction. Financial terms of the deal are undisclosed.
The acquisition bolsters KPMG's capabilities around alliance partner, Workday, a provider of enterprise cloud applications for finance and human capital management.
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, noted, "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 Enterprise Resource Planning marketplace."