Ernst & Young adds digital design firm Citizen
Ernst & Young has merged in Citizen, a digital design firm based in Portland, Ore.
The deal will add to Ernst & Young’s West Coast consulting business after EY merged in 2016 with Society Consulting, a Seattle-based analytics and big data consultancy. Citizen’s digital design team is expected to bolster EY’s existing team who offer strategy consulting, digital transformation, cybersecurity, analytics, virtual and augmented reality, and technology services. Citizen’s Portland headquarters plans to use EY’s wavespace network to meet and collaborate with clients and tech experts.
Financial terms of the deal were not disclosed. EY ranked 3rd on Accounting Today’s 2017 list of the Top 100 Firms, with $12.2 billion in revenue in the U.S. It reported $31.4 billion in global revenue for the fiscal year ending June 30, 2017.
“At EY, we believe that a better working world means addressing complex digital strategy and execution issues to deliver outcomes that grow, innovate and protect our clients' businesses,” said Kris Pederson, head of Strategy & Customer, Americas for EY Advisory, in a statement. “Our union with Citizen will enable our client teams to deliver more cutting-edge solutions so they can navigate the transformative age with courage and confidence, and with a stronger digital toolset.”
Citizen’s former CEO, Jenny Moede, will become an executive director at EY Advisory. “In EY, we've found a company that complements our expertise,” she wrote in a blog post on her firm's website. "The EY digital transformation team undertakes full company transformations across marketing, supply chain, security, ecommerce and customer experience. Our skills are complementary and our strategic vision is aligned for the future."
She noted that integrating with EY's capabilities would allow her firm to provide more vlaue for clients "who will experience us in much the same way they always have—through our dog-friendly, donut-infused Portland office, led by people who are passionate about solving business problems through digital experience."