PwC Agrees to Purchase Booz to Expand Advisory Services

PwC, the network of member accounting firms, agreed to acquire Booz & Co. to expand its advisory business. Terms weren’t disclosed.

The deal would give PwC about 3,000 added employees in 57 locations worldwide, creating a firm whose services include auditing as well as advice on risk management, deals, human resources, ethics and information technology. Booz partners are scheduled to vote on the transaction in December, according to a statement today from the two firms.