Business News

KPMG acquires and integrates consultancy business Future Analytics

By Business & Finance
08 October 2020
Pictured (L-R): Stephen Purcell, Founder, Future Analytics Consulting; Michele Connolly, Partner, KPMG; Seamus Hand, Managing Partner, KPMG; and Professor William Hynes, Founder, Future Analytics Consulting.

Professional accounting services firm KPMG has acquired Irish research consultancy business Future Analytics

Professional accounting services firm KPMG has acquired Irish research consultancy business Future Analytics. With a workforce of 27, the move will see the group be integrated into the KPMG family of services as KPMG Future Analytics.

In the recent past, Future Analytics have consulted on projects like the ‘Dublin City Council Housing Strategy 2016-2022,’ the ‘Greater Dublin Drainage Project for Irish Water,’ and ‘A New Vision for Temple Bar for Temple Bar Cultural Trust.’

The acquisition took place for an undisclosed sum.

Seamus Hand, managing partner of KPMG in Ireland, said of the acquisition: “We believe the ability to access the highest level of data insights is key to the investment decision making process in both the public and private sectors, leading to better choices and outcomes across the board.”

Future Analytics was founded by chartered town planners and surveyors William Hynes and Stephen Purcell. Professor Purcell commented on the acquisition, stating it will result in “huge benefits” for its client base, as well as for the client base of KPMG.

He continued: “This year marks our 10th anniversary in business and in that time Stephen and I have built a hugely successful and expert team – becoming trusted advisors to many of Ireland’s most successful organisations and businesses. We’re very much looking forward to taking the business to the next level and combining our innovative approach with the experience and expertise of KPMG to bring the most detailed and expert analysis and data to our client projects.”

KPMG and Future Analytics collaborated in the past on projects such as the Department of Public Expenditure and Reform-commissioned ‘Economic Analysis of Productivity in the Construction Sector’ report.