KPMG Acquires Consulting Practice from Axia Consulting

New York-based KPMG LLP (FY13 net revenue of $6.1 billion) 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, which is a provider of enterprise cloud applications for finance and human capital management. Adding AXIA’s Workday team to KPMG elevates the firm’s position as a leader in global business transformation, the firm announced.

“We are very pleased to welcome AXIA’s Workday consulting team members to the KPMG family,” says Stephen Lis, KPMG’s U.S. leader for management consulting. “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.”

Ed Mueller, CEO and co-founder of AXIA, says, “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.”