News

Issue No. 21 - February/March 2005

Merger makes Adelaide tech startup capital

Deloitte and Adelaide-based TCG

The merger of a Big 4 accounting firm and a technology innovation group dedicated to startups would seem a strained relationship from the start.

But in taking Technology Commercialisation Group under its wing, Deloitte has made a clever move to extend its reach into a sector that usually doesn’t see much accounting sense.

Deloitte and Adelaide-based TCG have effected a merger, with TCG to deliver its services from Deloitte offices under Deloitte auspices.

Already predisposed to technology projects – partner David Hill is conspicuous in the field – the Adelaide office of Deloitte sees the merger as a crucial strategic move.

TCG is one of Australia’s largest providers of technology commercialisation support, solutions and training designed to increase the success of new products and services entering the marketplace.

Deloitte claims the arrangement is "without precedent in Australia" and expects that uniqueness to be a strong selling point...

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