Deloitte completes acquisition of BearingPoint

Deloitte announced on Friday that it has met all the requirements to buy a piece of the bankrupt company.

By Jason Miller
Executive Editor
FederalNewsRadio

Deloitte and Touche’s acquisition of BearingPoint’s North American public sector services practice is complete.

Deloitte announced on Friday that it has met all the requirements to buy a piece of the bankrupt company.

Deloitte said on March 26 that it offered about $350 million for BearingPoint’s practice, which includes the federal government.

BearingPoint also is in the process of selling a substantial portion of its North American Commercial Services business, including its Financial Services segment, to PricewaterhouseCoopers LLP for $25 million.

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