Big four firm announces new acquisition, training venture

A big four firm has today announced it has acquired a specialist consultancy led by a new partner, and taken a stake in a digital training venture.

KPMG Australia locked in a deal yesterday evening to acquire specialist Indigenous consultancy Arrilla. It will now operate as KPMG Arrilla Indigenous Services, and be co-led by KPMG’s head of corporate citizenship Catherine Hunter and Shelley Reys AO, principal of Arrilla.

“I’m proud to welcome Shelley as the first Indigenous partner of KPMG Australia,” said chief executive of KPMG Gary Wingrove.

KPMG has also taken a 49 per cent stake in Arrilla’s digital Indigenous cultural competency training venture. A portion of the profits from this will be committed to a range of initiatives, including an Indigenous business incubator.

The training tool looks to generate impact measurement data and reporting, which assists organisations to understand changed attitudes and actions within their workplaces.

Overall, Arilla will seek to better connect Indigenous enterprises with corporate and public sector Australia, particularly in pursuit of Indigenous Procurement Policy opportunities.

Other specialist services will include framing Indigenous policy and programs, building Indigenous business capability and supporting reconciliation action plans.

“As a champion of reconciliation for over two decades, I’ve been passionate about changing the life chances of Aboriginal and Torres Srait Islander peoples by bringing Indigenous and non-Indigenous interests together,” said Ms Reys.

 

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