PwC Switzerland is actively pursuing an expansion strategy by acquiring Avoras, a well-known provider of SAP-enabled business transformation services to the pharmaceutical and life sciences industry.
The latest acquisition will allow PwC Switzerland to extend its existing services portfolio, providing added value to its clients in the sector striving for digital transformation and long-term sustainability. Furthermore, the move is expected to be mutually beneficial as both PwC Switzerland and Avoras have extensive experience and knowledge that they can bring together to create new opportunities for their customers.
With this successful transaction, the innovative company Avoras will become part of PwC Switzerland in the second quarter of 2023. Established four years ago in 2017, Avoras has vast expertise in business transformation and boasts long-term partnerships with some of the top pharmaceutical & life sciences, and chemical businesses headquartered in Basel.
Additionally, Avoras has a significant presence across the globe, with its headquarters located in Basel, along with offices in Portugal, Germany, the United States of America, Malaysia, and Singapore. An estimated sixty of Avoras’ employees will be transferring to PwC Switzerland as part of their recent acquisition.
Pleased to be working with such an accomplished group of SAP and agile specialists like Avoras at PwC Switzerland, Andreas Staubli, Chief Executive Officer at PwC Switzerland, commented:
“This transaction will further strengthen our already leading advisory services and provides another massive boost that will help us to serve our customers in a more comprehensive way.”
Growth Strategy for PwC’s Business
Ralph Bäumle, Kris Ammann and Dario Götte, the owners of Avoras, will be joining PwC Switzerland as partners in order to further enhance their leadership team. This addition of new partners is expected to bolster the existing partner base within their Technology division and provide additional expertise. The trio brings with them a wealth of knowledge and experience that will surely benefit both teams significantly.
The workforce of Avoras, both in Switzerland and its international branches, is slated to be transferred into a shared arrangement following the completion of the transaction during the second quarter of 2023. This means that all employees affected by this change will have their roles assimilated into a new structure as part of the closure process.
PwC is continually broadening its advisory services in response to the strong surge in customers’ requirements. There is an ever-increasing demand for highly proficient advisory services, and PwC is committed to meeting these needs with its expertise and knowledge. As a result of this growth, they are continuing to extend their scope of services while keeping up with the continuously evolving customer base.
Delighted to significantly bolster its end-to-end business transformation advisory services with PwC, Avoras Managing Partner Ralph Bäumle emphasized that the acquisition means “even more comprehensive support” to customers worldwide thanks to additional expertise and experience.
PwC Switzerland and Avoras as Outstanding SAP Partners
As an esteemed SAP Gold Partner, Avoras boast considerable expertise and knowledge to aid companies in their transition to SAP S/4HANA. In 2020, PwC Switzerland attained the highest global partner status of SAP Platinum Partner by invitation from the leading software provider – a significant accolade that reflects both their proficiency and commitment.
The selection process for a partner firm evaluates its capacity to carry out SAP transformation projects, as well as the standard of customer service they provide and the sustainability of its business model. PwC is dedicated to helping customers adapt to the S/4HANA environment and uses this criterion when assessing prospective partners.
PwC is committed to helping its customers maximize their SAP architectures through comprehensive solutions. These include the SAP Central Finance, SAP Ariba, and SAP Central Procurement procurement solutions. PwC provides a comprehensive approach to customer projects from initial strategy development all the way through to successful implementation. Furthermore, they use specialized knowledge and expertise throughout each stage of the process in order to ensure maximum efficiency and results.
