Deals

Deloitte infrastructure business launched

The ‘Big Four’ firm has created a dedicated infrastructure team and will compete with KPMG and PwC. PPP veteran Nick Prior will lead the charge.

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Deloitte has created a “dedicated” infrastructure and capital programme team, the consultant said.

The London-headquartered company has established an 11-member team culled from in-house personnel.

Deloitte picked the team from its existing finance, tax, audit and consulting staff. According to a statement, the firm believes infrastructure has the potential to “drive economic recovery and growth,” calling the market “high-profile”.

Long-standing public-private partnership (PPP) professional Nick Prior, who once served with the UK Ministry of Defence, will head the team, Deloitte said. Prior is a Deloitte partner.

The team will offer design, build, finance, operate and maintain (DBFOM) advice, the company said.

Deloitte is a so-called ‘Big Four’ auditor.

PricewaterhouseCoopers (PwC) and KPMG, who compete directly with Deloitte, have well-developed infrastructure businesses.