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Big 4 rival planned

18 August 2016

The Big 4 could soon become the Big 5 again, if ex-Deloitte boss John Connolly has his way.

Connolly is reported to be working with HG Capital on an audacious plan to create a rival of the Big 4.

The idea is to create a Big 5 through acquisition. Filings at Companies House show that Connolly and HG have established Cogital Group, a new vehicle which will be used to create the new professional services venture. It is believed that firm Blick Rothenberg, in which HG invested last month, would ultimately become part of Cogital Group.

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