SECOR Inc. joins KPMG LLP

TORONTO, July 24, 2012 /CNW/ - KPMG LLP (KPMG) has announced it has acquired SECOR Inc. (SECOR), Canada's largest independent strategic management consulting firm, with offices in Montréal, Toronto, Québec City, and Vancouver.

"Having SECOR join us is a considerable transaction for KPMG and our Advisory practice, one that will further strengthen our ability to support both Canadian and global clients in their strategy and operational initiatives," said Rob Brouwer, Canadian Managing Partner, Clients and Markets, KPMG.  "Combining our deep client relationships, SECOR's understanding of both the Québec and Canadian marketplace, and KPMG's multi-service offering and national and global experience, we will be able to better assist our clients to grow and adapt to changing business environments, improve efficiency and cost management, manage regulatory change, and build human capital capacity."

"We are thrilled to have SECOR join KPMG," said Jeffrey Smith, Canadian Managing Partner, Advisory, KPMG. "Like KPMG, they are dedicated to understanding what our clients face every day and we believe this is an ideal business fit for our professionals and for our clients."

Founded in 1975, and with over 125 employees and 18 partners across the country, SECOR is a cornerstone of the Canadian management consulting market. The firm has shaped the strategy of major Canadian corporations, helping clients identify and evaluate opportunities beyond the scope of current operations, and providing implementation and organizational support during periods of change.

"We are truly excited about this opportunity," said Madeleine Chenette, Chair, SECOR Inc. "Given the similarities in our firms' culture and values, we expect that the transition will be seamless for the SECOR team and our clients."

"KPMG is systematically growing a high quality, high value strategic consulting business in Canada and its global network of firms," said Stephen Jones, CEO, SECOR Inc. "SECOR brings strong strategy consulting capabilities to KPMG in Canada, and we will be able to harness the momentum of KPMG's global push into the strategy space."

About KPMG
KPMG LLP, an Audit, Tax and Advisory firm (kpmg.ca) and a Canadian limited liability partnership established under the laws of Ontario, is the Canadian member firm of KPMG International Cooperative ("KPMG International"). KPMG member firms around the world have 145,000 professionals, in 152 countries.

The independent member firms of the KPMG network are affiliated with KPMG International, a Swiss entity. Each KPMG firm is a legally distinct and separate entity, and describes itself as such.

About SECOR
SECOR is Canada's largest independent strategy and organization consulting firm, with offices in Montréal, Toronto, Québec City, and Vancouver. For more than 35 years, the firm has provided strategy and implementation support to many management teams. Clients include leading global corporations, subsidiaries of major multinationals, large domestic companies and various institutions.

SOURCE: KPMG LLP

Kathleen Killen
Senior Manager, Media Relations
KPMG in Canada
[phone]
[email protected]