In a statement, EY announced C3 Business Solutions will join the firm “as quickly as possible”, with both businesses working hard to complete the acquisition process.
In total, approximately 100 staff will join EY once the deal has been completed.
Paul Clark, EY’s Asia-Pacific Advisory Leader, said the acquisition will help the big four firm expand further into the technology advisory space.
“The acquisition will see EY’s capability and capacity more than treble to become one of Asia-Pacific’s largest enterprise intelligence advisers on information management, advanced analytics and business intelligence,” he said.
“EY’s expanded service offering will also include the delivery of hosted Cloud solutions and infrastructure managed services - providing our clients with end-to-end solutions and powerful insights into their businesses and markets,” Mr Clark added.
Following completion of the acquisition, it is intended that C3’s 11 partners, including the firm’s two managing partners and founders Conrad Bates and Cameron Wall, will join EY as partners.
Mr Bates said joining EY will provide the C3 business more opportunity to grow and its staff more opportunity to develop their careers.
“By joining EY we will have even more capacity to create intelligent information organisations and it gives us the opportunity to grow even more rapidly than we have over the past eight years,” said Mr Bates.
“Our people will have more career development opportunities and our commitment to innovation will be accelerated by the power of EY,” said Mr Bates.