Protiviti

Protiviti Inc. (Protiviti) is a global consulting firm headquartered in Menlo Park, California that provides consulting in internal audit, risk and compliance, technology, business processes, data analytics and finance.[4] It is a subsidiary under Robert Half International. Protiviti and its independently and locally owned Member Firms serve clients through a network of more than 85 locations in over 27 countries.

Protiviti Inc.
TypeSubsidiary
IndustryProfessional Services
Founded2002
Headquarters,
Number of locations
85+ offices (2019)
Area served
Worldwide
Key people
Services
Revenue USD 1.13 billion (2019)
USD 128 million (2019)
Number of employees
approximately 4,000 (2019)
ParentRobert Half
Footnotes / references
[1][2][3]

Protiviti was formed in 2002 when the Company hired more than 700 professionals who had been affiliated with the internal audit, business and technology risk consulting practice of Arthur Andersen LLP, including more than 50 individuals who had been partners of that firm. These professionals formed the base of Protiviti.[5]

Protiviti was listed on Forbes best management consulting firms in 2018, 2019 and 2020.[6][7] Protiviti has also been listed as one of the 100 Best Companies to Work For by Fortune Magazine for 6 consecutive years from 2015 to 2020.[8]

History

In 2006, Protiviti acquired the assets of PG Lewis & Associates, a leading national provider of Data Forensics and Cyber Security services founded in 2003 by serial technology entrepreneur, Paul G. Lewis. Financial terms were not disclosed.[9]

In January 2019, Protiviti expanded its Middle East & North African presence by launching an office in Cairo, Egypt. The new location is the first Member Firm in North Africa, and is led by Managing Director Ashraf Fahmy, a former Deloitte partner in Egypt and with the firm's enterprise risk practice in Abu Dhabi.[10][11]

In February 2019, Protiviti added Gauteng-based internal audit and forensic services firm SekelaXabiso CA (SkX) as its first member firm in South Africa. The new firm will serve domestic firms as well as international firms looking for support to enter the South African market. The firm houses over 200 consultants, and has offices in the major financial centres of Gauteng and Durban.[12]

For fiscal year 2019, Protiviti's revenue exceeded US$1 billion for the first time in its 18-year history.[13]

In March 2020, Protiviti expanded its European footprint by opening 3 new offices in Zurich, Switzerland, and Berlin and Düsseldorf, Germany.[14]

Protiviti's global network of member firms operate as independently owned and operated entities, but have access to the firm's resources despite not possessing agency to act on Protiviti's behalf.

See also

References

  1. "Company Overview of Protiviti Inc". Bloomberg. Bloomberg. Retrieved 20 December 2018.
  2. "About Protiviti". Protiviti. Protiviti. Retrieved 20 December 2018.
  3. "Annual Report 2019" (PDF). Robert Half International. Retrieved 18 April 2020.
  4. "About Protiviti". Protiviti. Protiviti. Retrieved 20 December 2018.
  5. "2017 Annual Report" (PDF). Robert Half. Robert Half International. Retrieved 20 December 2018.
  6. "America's Best Management Consulting Firms 2018". Forbes. Forbes Media LLC. Retrieved 20 December 2018.
  7. https://www.forbes.com/companies/protiviti/?list=best-management-consulting-firms/#1ee101844b04
  8. "Protiviti: #34 on 100 Best Companies to Work for". Fortune. Fortune Media IP Limited. Retrieved 23 February 2020.
  9. "Protiviti Acquires P.G. Lewis & Associates". accounting today. 3 March 2006. Retrieved 4 June 2020.
  10. "Protiviti expands MENA presence with launch of member firm in Egypt". Consultancy-me.com. Consultancy.org. Retrieved 20 January 2019.
  11. "Protiviti opens office in Cairo". IT News Africa. January 12, 2019. Retrieved 20 January 2019.
  12. "SekelaXabiso to operate as a Protiviti member firm in South Africa". Consultancy.co.za. Consultancy.org. Feb 22, 2019. Retrieved 24 February 2019.
  13. "Annual Report 2019" (PDF). Robert Half International. Retrieved 18 April 2020.
  14. "Robert Half's (RHI) Protiviti Expands Operations in Europe". Yahoo Finance. Zacks Equity Research. March 6, 2020. Retrieved 17 March 2020.


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