Can someone please explain to me how EY Strategy & Transactions is set up and the difference between that and EY-Parthenon? Much thanks!

likesmart
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Below is a simplified structure: EY - Assurance - Tax - Consulting - Strategy and transactions < —- service line - EY Parthenon <—— sub service line - Strategy - Transaction strategy - Restructuring - Transaction Diligence - Valuation

likehelpfulfunny

Strategy, Transaction Strategy and Restructuring are all grouped as EY-P.

The distinction doesn’t really matter anymore (though the people that work there will say so for pride). Once the shops like Parthenon, Monitor, and Booze are acquired by B4, they immediately are impaired in value. It is an open secret that B4 management is not the brightest and trashes up the strategy shops — partly to integrate them into the core, partly because B4 partners aren’t exactly the brightest bulbs and have no clue what they are doing.

likesmart

Man, we have quite a few armchair analysts offering their analysis.

I think they merged no? Isn’t that why everyone is trying to leave

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Or I know a lot of Parthenon people trying to leave for sure

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