Deloitte Israel acquires Biconix Operations

Biconix specializes in financial management technology services.

  (photo credit: PR)
(photo credit: PR)

Deloitte consulting firm announced the signing of an agreement to acquire the operations of Biconix, specializing in technological solutions for performance improvement and transformation in the financial management world.

Deloitte is the world's leading global firm in consulting and technology, assisting organizations in digital transformations and providing innovative solutions to organizational managers. The addition of Biconix to Deloitte Israel complements and strengthens the value proposition Deloitte offers to finance executives, accountants, and finance departments in organizations.

This deal, like previous transactions by Deloitte, is a continuation of the firm's strategy as a global player, relying on methods, tools, and global knowledge enhanced by strong capabilities in the local Israeli market, focusing on expanding and deepening technological capabilities to meet all the business needs of its clients.

Biconix has been known for many years as a leading company in providing solutions in planning, reporting, and organizational performance management, including budget planning and forecasting systems, optimizing regulatory reporting processes, ERP planning systems, incentive management solutions, and more. Founded over 30 years ago by founder and CEO David Donin, Biconix is ​​a specialist with a reputation in the field of technological performance solutions, serving dozens of leading organizations from various business sectors in Israel.

Deloitte Israel stated, "We continue to strengthen our value proposition for our clients by providing end-to-end consulting services and solutions that connect business needs to technological solutions. We welcome Biconix joining Deloitte's leading team in Israel. Deloitte is the world's leading player in consulting and technology, and Biconix's joining is a significant contribution to providing solutions to the financial management world of organizations in Israel for finance executives, accountants, and finance departments."

Biconix stated, "The integration of our experienced professional team along with BICONIX's technological collaborations in Israel has enabled us, for over three decades, to provide value and solutions to our clients, who have become friends along the way. We see joining the world-leading consulting firm Deloitte as an opportunity to continue this path and accompany our old and new clients in additional content worlds in the coming years."

Attorneys Ran Ben Ari and Yuval Miranda from Goldfarb Seligman & Co. represented Deloitte, and attorneys Tal Eliassaf and Mor Kadosh from Naschitz Brandes Amir & Co. represented Biconix in the deal.



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