Deloitte & Touche LLP Acquires TI Consulting


WASHINGTON and ELKRIDGE, Md., April 9: Deloitte & Touche LLP ("Deloitte & Touche") has acquired the assets of TI Consulting, a privately held business serving the intelligence community in the implementation of Oracle/PeopleSoft ERP solutions. The addition of TI's team of more than 25 professionals to the Deloitte organization's Federal practice will accelerate the strategic goal of extending its leadership in ERP implementations to the Department of Defense (DoD) and intelligence community. Financial terms of the transaction were not disclosed.

Since its founding in 1997, TI Consulting has developed a strong reputation for quality and excellence in ERP implementations. The firm has been awarded prime contracts by the DoD, and has established business relationships with major DoD implementers. TI's major accounts include providing life cycle and implementation support to the DoD's Oracle/PeopleSoft human resources and supply chain management applications.

The leadership and employees of TI Consulting, including founder and president Karen Druffel, have joined Deloitte & Touche's Federal practice, with Druffel serving as a principal. Deloitte & Touche will continue to operate TI's facility in Elkridge, MD.

"The addition of TI Consulting is an important milestone in our continuing strategy to expand the Deloitte organization's Federal practice," said Gene Procknow, Managing Director, Federal Government Services, Deloitte & Touche USA LLP. "TI has an experienced, accomplished team with top-level clearances special to the intelligence community, a growing track record of successful Oracle/PeopleSoft implementations, multi-year prime contracts and strong relationships with the DoD and intelligence community. These are critical capabilities as we seek to further expand our presence in the intelligence community. We are delighted to welcome the entire TI team, including our new principal, Karen Druffel, to the Deloitte U.S. Firms."

"Over the past decade, TI has pursued growth at a pace that has enabled us to deliver our clients the highest levels of quality and service," said Druffel. "As we looked to the future, we recognized that joining the Deloitte organization's Federal practice would be an excellent strategic fit. Together, we have the resources, infrastructure, relationships and experience to take our intel community ERP businesses to the next level. I am looking forward to working with Gene and the Federal practice team."

In recent years, the Deloitte organization has strengthened its Federal practice with the addition of such high-profile intelligence community executives as Retired Lieutenant General Harry D. Raduege Jr., chairman of the Deloitte Center for Network Innovation, who was previously director of the Defense Information Systems Agency; Mary Corrado, a Deloitte & Touche director in the DoD/Intel Practice, who had served as chief financial officer at the Central Intelligence Agency and the National Reconnaissance Office; and Doug Palmer, senior manager, Deloitte & Touche, who was formerly director of the In-Q-Tel Interface Center.

James DuBose, a Deloitte & Touche principal who focuses on the intelligence community, stated, "The combination of Deloitte & Touche and TI Consulting strengthens our capabilities for these critical agencies. With the addition of more than 25 professionals with deep IC and technical experience, we are now the leader in the intelligence community for Oracle/PeopleSoft human resources and supply chain management systems implementation and lifecycle support."

About TI Consulting

TI Consulting has provided more than a decade of service in the implementation of the Oracle/PeopleSoft suite of applications for Human Resources Management, Finance, Distribution, and Manufacturing. Additionally, TI Consulting has extensive experience serving the federal government and intelligence communities, and has partnered with the Department of Defense since 1998 on PeopleSoft Life Cycle Support and implementations, supply chain management and financial management services. Their consultants hold current high-level clearances. In addition to being a Women-Owned Small Business, TI Consulting is an approved Oracle/PeopleSoft Service Provider.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 150 countries. With access to the deep intellectual capital of approximately 135,000 people worldwide, Deloitte delivers services in four professional areas -- audit, tax, consulting, and financial advisory services -- and serves more than one-half of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.

As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names.

In the U.S., Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu and services, including those provided by the Federal practice, are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries; collectively referred to as the "Deloitte organization" or "Deloitte U.S. Firms"), and not by Deloitte & Touche USA LLP. The subsidiaries of the U.S. member firm are among the nation's leading professional services firms, providing audit, tax, consulting and financial advisory services through nearly 30,000 people in more than 80 cities. Known as employers of choice for innovative human resources programs, they are dedicated to helping their clients and their people excel. For more information, please visit the U.S. member firm's web site at www.deloitte.com/us.

Source: Deloitte & Touche LLP

CONTACT: Jeffrey Zack, +1-212-392-2864, jzack@deloitte.com, Tourang Nazari, +1-703-885-6233, tnazari@deloitte.com, Deloitte Services LP
Web site: http://www.deloitte.com/us

More from Controls & Controllers

All Topics