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  • Enterprise AI

Andersen Acquires Liberty IT for Financial Transformation


Andersen Acquires Liberty IT for Financial Transformation
  • by: Source Logo
  • |
  • August 20, 2025

Andersen Consulting, a global leader in consulting services, has acquired Australia’s Liberty IT Consulting Group, enhancing its digital transformation capabilities in the financial services sector. Announced on August 19, 2025, this strategic move integrates Liberty IT’s expertise in enterprise-grade technology solutions with Andersen’s global resources, positioning the firm to deliver comprehensive, high-impact solutions worldwide.

Quick Intel

  • Andersen Consulting acquires Liberty IT, founded in 2016, based in Australia.

  • Liberty IT specializes in banking systems modernization, payments, and AI.

  • Focuses on cloud-native solutions, DevOps, and enterprise integration.

  • Strengthens Andersen’s offerings for banks, wealth management, and stock exchanges.

  • Collaboration aims to scale impact and drive operational efficiency globally.

  • Aligns with Andersen’s values of long-term client success and innovation.

Strategic Acquisition for Financial Services

Liberty IT, established in 2016 and headquartered in Australia, is renowned for its technology consulting services tailored to top-tier financial institutions, including banks, wealth management entities, and stock exchanges. The firm excels in banking systems modernization, payments, data and digital solutions, with a strong emphasis on cloud-native implementations, systems integration, data migration, engineering, DevOps, AI, and enterprise merger integration. “Collaborating with Andersen Consulting enables us to scale our impact and bring even greater value to clients undergoing technology transformation—particularly in the banking and finance sector,” said John Dimitropoulos, CEO of Liberty IT.

Enhancing Global Capabilities

The acquisition aligns with Andersen Consulting’s mission to deliver technology-led transformation. “Liberty IT’s reputation and focus on long-term client success align with our values,” said Mark L. Vorsatz, global chairman and CEO of Andersen. “This collaboration will strengthen our ability to deliver technology-led transformation, offering our clients an integrated approach that merges business strategy, operational insight, and advanced technical implementation.” By combining Liberty IT’s industry knowledge and Australian market expertise with Andersen’s global network of over 20,000 professionals across 500+ locations, the partnership enhances scalability and innovation for clients worldwide.

Driving Efficiency and Innovation

Liberty IT’s proven track record includes successful projects like CommBank’s AU$1.5B core banking modernization and Macquarie Bank’s AU$0.25B transformation. Its focus on operational efficiency, cost minimization, and high-impact project delivery complements Andersen’s comprehensive suite of services, spanning corporate strategy, AI transformation, and human capital solutions. The collaboration positions Andersen to meet the growing demand for digital transformation in financial services, delivering platforms at scale and accelerating client initiatives.

 

About Andersen Consulting 

Andersen Consulting is a global consulting practice providing a comprehensive suite of services spanning corporate strategy, business, technology, and AI transformation, as well as human capital solutions. Andersen Consulting integrates with the multidimensional service model of Andersen Global, delivering world-class consulting, tax, legal, valuation, global mobility, and advisory expertise on a global platform with more than 20,000 professionals worldwide and a presence in over 500 locations through its member firms and collaborating firms. Andersen Consulting Holdings LP is a limited partnership and provides consulting solutions through its member firms and collaborating firms around the world.

  • Digital TransformationFinancial ServicesAndersen ConsultingLiberty ITAI Innovation
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