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KPMG restructuring 2026
KPMG announced formation of a new Client Technology & Innovation (CT&I) division, a Silicon Valley-style incubator operating separately from its three main business lines (audit, tax, advisory). The division will comprise several hundred staffers and centralize innovation, data/AI, product development, and strategic partnerships with tech leaders like OpenAI and Anthropic.
Source: GN — ASX:MQG Macquarie
- Who
- KPMG · Consulting · USA
- What happened
- KPMG announced formation of a new Client Technology & Innovation (CT&I) division, a Silicon Valley-style incubator operating separately from its three main business lines (audit, tax, advisory). The division will comprise several hundred staffers and centralize innovation, data/AI, product development, and strategic partnerships with tech leaders like OpenAI and Anthropic.
- When
- 2026-09-25
- Source
- GN — ASX:MQG Macquarie
- So what
- Restructuring reshapes the leadership profile as much as the cost base.
The leadership read
Restructuring reshapes the leadership profile as much as the cost base. For KPMG in Consulting, it shifts demand toward transformation and turnaround leaders who hold delivery steady while the organisation changes shape. Across Americas, watch where KPMG still invests in leadership; that is the part it means to keep.
Market context: Backdrop: a 97.6 (Neutral) Talent Market Index (down 3.4 on the month) with Americas activity easing (-15.6pts).
KPMG: 5 signals in the last 90 days — above the Consulting median of 2 across 28 tracked companies; 0.1% of MitchelLake's Asia signal flow; 6 tracked across 163 days.
MitchelLake in this thematic
From the MitchelLake archive
Also at KPMG →
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Capital Raising · Americas
CAIS →New York-based alternative investment platform for independent financial advisors raised $170m in a Series D led by Vista Equity Partners, with participation from AllianceBernstein, Blue Owl Capital, Carlyle, Fortress Investment Group, Golub Capital, Lord Abbett and Royal Bank of Canada. The round values the company at over $2bn and brings total capital raised to nearly $600m.
Product Launch · Americas
Flare →Flare is building native lending logic on its infrastructure using Protocol Managed Wallets and Confidential Compute stack to enable XRP Ledger lending capabilities ahead of protocol-level launches. CEO Hugo Philion signaled Flare's belief in a larger-than-anticipated lending opportunity.
Strategic Hiring · Americas
McKinsey & Company →McKinsey planning sustained consultant hiring at ~12% annual growth in North America, with 85-90% of hires from campus recruitment. Senior leadership signals confidence in AI-driven consulting demand.
Capital Raising · Americas
Relay →Relay raised $36M in Series C funding led by International Paper, bringing total funding to $90M+. The round included Cerity Partners, Harmonic Growth Partners, Thayer Investment Partners, G2 Venture Partners, and Wind River Ventures.
Where this lands in our work
- Fractional & Interim Executives →
Restructuring marks the transition window where interim leadership is deployed.
- AI Executive Search →
AI capability is being built into executive stacks, not bolted on beneath them.
- Executive Search: Americas →
Our Americas practice runs the searches behind signals like this one.
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