PwC Middle East buys Tyconz Enterprise to expand operations
09 Oct 2020 – 3:17
Photo: Tyconz co-founders Tarek Abdel Khalek and Jawad Fakih with PwC Middle East’s leadership Hani Ashkar, Waddah Salah & Imad Abuizz at PwC Dubai’s new offices / PWC.com
PwC, one of the world’s leading professional services networks with offices across the Middle East, announced yesterday that it has completed an asset purchase agreement to acquire Tyconz’s Enterprise Business Applications Operations.
Tyconz is a gold partner with SAP, with a solid track record in end to end SAP service offerings including implementations, developments, training and support in the MENA region.
Through this asset purchase, PwC will further expand its ability to deliver SAP digital solutions and complement its existing capabilities across digital enablement, data analytics, mobile solutions and user experience management to further support its clients in their technology enabled business transformation journey by adding a team of over 150 bilingual experts to its existing Technology Consulting business.
This purchase is a differentiating move in the current climate, enabling PwC to meet the growing digital transformation needs in the region. Completion of the acquisition should be achieved soon, subject to customary closing conditions.