Foundation of Price Waterhouse
Price Waterhouse was founded in London by Samuel Lowell Price, who established the firm to provide accounting services.
1849
1854
Foundation of Coopers & Lybrand
Coopers & Lybrand was founded by William Cooper in London, initially known as Cooper Brothers.
1898
International Expansion of Price Waterhouse
Price Waterhouse expanded internationally, opening offices in New York, marking the beginning of its global presence.
1957
Formation of Coopers & Lybrand
Cooper Brothers merged with Lybrand, Ross Bros & Montgomery to form Coopers & Lybrand.
1982
Price Waterhouse Merges with Deloitte Haskins & Sells in the UK
In the UK, Price Waterhouse merged with Deloitte Haskins & Sells, although the firms continued to operate separately in other countries.
1998
Merger of Price Waterhouse and Coopers & Lybrand
Price Waterhouse and Coopers & Lybrand merged to form PricewaterhouseCoopers (PwC), creating one of the largest professional services networks in the world.
2002
Sale of PwC Consulting to IBM
PwC sold its consulting arm, PwC Consulting, to IBM for approximately $3.5 billion, rebranding it as IBM Global Business Services.
2010
PwC Rebrands to PwC
PricewaterhouseCoopers rebranded itself as PwC, simplifying its name while retaining the full name for legal purposes.
2014
PwC Acquires Booz & Company
PwC acquired Booz & Company, a major management consulting firm, and rebranded it as Strategy&.
2016
PwC Launches Digital Services Division
PwC launched a dedicated digital services division to enhance its capabilities in digital transformation and technology consulting.
2017
2018
PwC Celebrates 20th Anniversary of Merger
PwC celebrated the 20th anniversary of the merger between Price Waterhouse and Coopers & Lybrand, marking two decades of growth and innovation.
2019
PwC Commits to Net Zero by 2030
PwC announced its commitment to achieving net-zero greenhouse gas emissions by 2030, focusing on sustainability and environmental impact.
2020
PwC Launches New Equation Strategy
PwC launched its New Equation strategy, focusing on building trust and delivering sustained outcomes for clients in a rapidly changing world.
2022
PwC announced significant investments in Environmental, Social, and Governance (ESG) services to help clients navigate the complexities of sustainability and corporate responsibility.
2023
PwC enhanced its artificial intelligence capabilities by acquiring several AI-focused firms, aiming to integrate advanced technologies into its service offerings.
