Deloitte - Simplified - Introduction, Mergers, Acquisitions, Services Offered and Revenue.

 Deloitte 

Introduction

Deloitte is the largest professional services network by revenue and number of professionals in the world and is considered one of the Big Four accounting firms. Deloitte Touché Tohmatsu Limited commonly referred to as Deloitte, is headquartered in London, United Kingdom.

Mergers and acquisitions

• Deloitte was founded by William Welch Deloitte in London in 1845
• In 1890 expanded into the United States.
• In 1896, Charles Waldo Haskins and Elijah Watt Sells formed Haskins & Sells in New York.
• In 1898, George Touché established an office in London.
• In 1900, joined John Ballantine Niven in establishing the firm of Touché Niven.
• It merged with Haskins & Sells to form Deloitte Haskins & Sells in 1972.
• In 1989, Deloitte Haskins & Sells merged with Touché Ross in the US to form Deloitte & Touché.
• In 1993, the international firm was renamed Deloitte Touché Tohmatsu, later abbreviated to Deloitte.
• In 1995, the partners of Deloitte & Touché decided to create Deloitte & Touché Consulting Group.
• In 2000, Deloitte acquired Eclipse to add internet design to its consulting capabilities. Eclipse was later separated into Deloitte Online and Deloitte Digital.
• In 2002, Arthur Andersen's UK practice,  agreed to merge with Deloitte's UK practice.
• In 2005, Deloitte acquired Beijing Pan-China CPA to become the largest accountancy firm in China.
• In 2007, Deloitte formed Deloitte Intelligence.
• In 2009, Deloitte purchased the North American public service practice of BearingPoint
• Deloitte LLP took over the UK property consultants Drivers Jonas in January 2010. As of 2013, this business unit was known as Deloitte Real Estate.
• In 2011, Deloitte acquired DOMANI Sustainability Consulting and ClearCarbon Consulting in order to expand its sustainability service offerings.
• In January 2012, Deloitte announced the acquisition of Übermind, a mobile advertising agency. The acquisition marked Deloitte's first entrance into the mobile application field.
• In November 2012, Deloitte acquired Recombinant Data Corporation, a company specializing in data warehousing and clinical intelligence software, and launched Recombinant by Deloitte.
• In February 2013 Recombinant by Deloitte merged with an internal informatics unit (Deloitte Health Informatics) and launched “Converge HEALTH” by Deloitte.
• On 11 January 2013, Deloitte purchased substantially all of the business of Monitor Group
• In 2014, the company introduced Rubix, a blockchain consultancy providing advisory services for clients in different business sectors, including government.
• In 2016, Deloitte acquired advertising agency Heat of San Francisco.
• In September 2016, Apple Inc. announced a partnership with Deloitte aimed at boosting sales of its phones and other mobile devices to businesses. As part of the partnership, the two companies will launch a service called Enterprise Next, in which more than 5,000 Deloitte consultants will advise clients on how to make better use of Apple products and services.
•  Deloitte CIS partnered with Waves Platform to offering services related to initial coin offerings. Deloitte became a member of the Ethereum Enterprise Alliance and the Hyperledger Project sponsored by the Linux Foundation in May 2017.
• In March 2022, Deloitte acquired Etain, a data and digital transformation specialist company, based in Northern Ireland.
• In March 2022, Deloitte announced that, as a result of the Russo-Ukrainian War, the firm would no longer carry out business in Russia.
• The Wall Street Journal reported in June 2022 that the firm might choose to divide itself into two new companies, one accounting firm and one advisory firm.

Services Offered By Deloitte :

1. Audit and assurance
2. Consulting
3. Risk advisory 
4. Financial Advisory
5. Legal Advisory
6. Tax advisory

Revenue 

Company Name	2021	2020	2019	2018
Deloitte	$50 billion	$47.6 billion	$46.2 billion	$43.2 billion