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KPMG invests in Chelsea Apps Factory

London: Professional services group KPMG today announced a strategic partnership with the Chelsea Apps Factory (CAF), one of the UK's leading technology firms specialising in the design and production of Mobile Enterprise Apps (EMA's). Chelsea Apps Factory is the first partnership which will form part of KPMG UK's Digital Innovation Network, what KPMG describes as a pioneering concept that aims to bring together KPMG's industry knowledge and experience with the creativity and design skills of early stage start- up companies. The deal with CAF sees KPMG taking an initial equity stake in the business of 10 percent which may grow depending on the amount of business both parties will do together.

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