Deloitte completed the acquisition of Presence of IT.

Deloitte, a multinational professional services corporation, completed the acquisition of Presence of IT, a provider of HR/payroll and workforce management solutions. Financial terms were not disclosed. "This is a fantastic regional and global opportunity for Deloitte, particularly in Australia. Joining forces with the team from Presence of IT makes us the undisputed leaders in Human Capital Consulting, enhancing our ability to provide our clients with unrivalled value, scale and world-class expertise; in turn giving them peace of mind that their people strategy is in safe hands. Together, we will be able to take advantage of significant market opportunity,” Richard Deutsch, Deloitte Australia CEO.