Bankrupt BearingPoint completes sale to PricewaterhouseCoopers
- June 17, 2009
BearingPoint Inc., the bankrupt management and technology consulting firm, announced it has completed the sale of its North America Commercial Services business.
PricewaterhouseCoopers LLP bought a substantial port of the commercial services business for $44 million. The sale also included BearingPoint’s delivery centers in Shanghai, China and Bangalore, India.
McLean-based BearingPoint filed for Chapter 11 bankruptcy protection in February. In May, the company sold its North American Public Services business to Deloitte for $350 million.