2015 marked the year during which KPMG made one of the largest acquisitions in Europe when it acquired Crimsonwing. According to Bryan Cruickshank, Global Head of IT Advisory for KPMG, this acquisition was made in order to support KPMG’s client growing demands and for KPMG to obtain much needed Microsoft Dynamics skills.
David Walsh, CEO of KPMG Crimsonwing, commented that since the acquisition, KPMG Crimsonwing’s ‘group revenues have grown annually by over 30 percent’. Moreover, he continued by stating that KPMG Crimsonwing ‘have helped KPMG win work as far apart as Canada and South Korea’.
As a whole, the total revenue of KPMG in Malta and KPMG Crimsonwing amounted to €35.2 million. This figure was obtained through the hard work of 610 people spread across both the previously mentioned entities. Further to that, clients were clearly satisfied by the work of KPMG in Malta and KPMG Crimsonwing Malta entities as 98.3% stated that they are likely to continue to use KPMG in Malta for the services they currently receive and 100% stated that given the opportunity, they would do business again with KPMG Crimsonwing Malta.
The emphasis on learning and development was again emphasised this year as people working with KPMG in Malta and KPMG Crimsonwing Malta were afforded a total of 52,778 hours of training for a total investment of €1.8 million. In addition to helping people develop, a huge emphasis is placed by KPMG in Malta on supporting their local community. Some key contributions are:
- The BOV Joseph Calleja Foundation: KPMG in Malta are strategic partners of this Foundation. The Foundation supports underprivileged children and children with innovative, distinctive or unique artistic or musical talents who are in any way unable to develop or enhance their talents.
- The Duke of Edinburgh’s International Award: KPMG in Malta are proud supporters of this award. A donation was placed at the Award Ceremony where ten members of KPMG in Malta staff had the opportunity to meet with HRH The Duke of Edinburgh.
- CoderDojo: Six of KPMG Crimsonwing Malta’s programmers taught coding to eighteen children over twelve through holding two hours sessions between March and June.
- Richmond foundation: KPMG Crimsonwing Malta built a website for the Richmond Foundation. It is integrated with a payment gateway allowing users to make donations directly.
According to David Walsh, the ‘past year has been motivating and fast-moving’ and his belief is that KPMG Crimsonwing is ‘really setting down some strong foundations for exciting future growth’.
A full version of the Annual Review 2015 includes, inter alia, more detail of what was discussed above as well as other interesting material, such as interviews with Tonio Zarb, Senior Partner of KPMG in Malta, and David Walsh.
Should you be interested in reading the full version of the Annual Review 2015, download now by clicking here.