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KPMG to buy Crimsonwing

London: KPMG made an offer to acquire Crimsonwing, an international IT company focusing on Microsoft Dynamics and e-Commerce business solutions. KPMG's offer values Crimsonwing at €26 million. If successful, the acquired business will become known as KPMG Crimsonwing and will be jointly owned by KPMG's firms in the UK, Netherlands and Malta. Crimsonwing's Founder, David Walsh, will be chief executive of KPMG Crimsonwing which will combine KPMG's current Microsoft Dynamics teams in the UK and Netherlands with Crimsonwing to create an overall team of approximately 350 people. The combined entity has a goal of more than doubling in size over three years.

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