PwC Canada has acquired Avaleris Inc., Canada-based boutique cybsecurity consulting company.  Avaleris, a security, identity, and access management company, was founded in 2006 and specializes in the Microsoft cloud. The company’s services include identity and cybersecurity strategy, IT security policies and procedures, solution design and deployment, security training, and managed services.

With the acquisition of Avaleris by PwC, the firm’s cybersecurity division, which employs about 300 people nationwide, will be strengthened. Rapid digitalization and cloud migrations have expanded cyberthreat surfaces, driving up demand for cybersecurity services.

“PwC is thrilled to welcome the Avaleris team to PwC. Their work has proven to build a strong reputation with clients, as well as a longstanding strategic partnership with Microsoft,” said Saj Nair, partner & national technology & cloud leader, PwC Canada.

This year, the worldwide PwC network announced its “New Equation” strategy, aiming to invest $12 billion over the next five years and to add 100,000 people to its current 284,000 employees to the “New Equation” workforce. ESG and digital capabilities – such as cloud, AI, virtual reality, and other new technologies – are key areas of focus for the organization.

“Our team of talented and innovative cybersecurity professionals are thrilled to join the PwC team and take on new challenges and opportunities for growth. Given the strong alignment of our culture and values, PwC clients will continue to benefit from the innovations and unparalleled capabilities they have come to expect,” said Ron MacDonell, president and CEO, Avaleris Inc.