KPMG to Acquire BrainNet — Initial Reporting, Analysis and Recommendations
On Friday, KPMG announced it was acquiring European-based procurement and supply chain consultancy, BrainNet. While terms of the deal were not disclosed, Spend Matters estimates the value of the transaction at between $50-100MM. This range is based on estimated BrainNet revenue slightly above $50MM — which may have been even higher — and relative 1-2X [...]
