Unity Advisory has secured £220m in private equity from Warburg Pincus, to set up a challenger firm to the Big 4.
The announced tie-up with Marissa Thomas (ex-PwC) and Steve Varley (ex-EY), will says the private equity firm help to create what they are calling a next-generation CFO advisory firm.
The press release says the new firm sets itself apart by offering Partner-led, high-touch, technology-driven services without the constraints of audit conflicts. From day one, AI will play a central role in how the firm works and serves clients.
Headquartered in London, the firm plans to expand into other key markets and geographies over time.
Steve Varley, Chairman of Unity Advisory (pictured), said: “Our goal is to create a next generation firm that is entrepreneurial in spirit and rigorous in execution. The business has launched with great momentum; we already have significant client interest which will fuel growth, and a strong recruitment pipeline of talented individuals seeking more variety, reward, and pace in their careers, with a path to Partnership based on an inclusive meritocracy.”
