Protiviti

{{short description|Consulting firm}}

{{Infobox company

| name = Protiviti Inc.

| logo = Protiviti logo.svg

| logo_size =

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| type = Subsidiary

| industry = Professional services

| predecessor =

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| founded = {{start date and age|2002}}

| founder =

| hq_location_city = Menlo Park and San Ramon, CA

| hq_location_country = United States

| num_locations = 89 offices

| num_locations_year = {{small|2024}}

| area_served = Worldwide

| key_people = {{Unbulleted list|Joseph Tarantino (President & CEO)}}

| services = {{Unbulleted list|Consulting|Internal Audit|IT Consulting|Risk Advisory|Financial Advisory|Legal Advisory}}

| revenue = {{increase}} USD 1.95 billion

| revenue_year = {{small|2024}}

| operating_income = {{decrease}} USD 160.20 million

| income_year = {{small|2024}}

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| num_employees = {{increase}} 7,100

| num_employees_year = {{small|2024}}

| parent = Robert Half

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| website = https://www.protiviti.com/

| footnotes = {{cite web |title=Company Overview of Protiviti Inc. |url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=4335352 |website=Bloomberg |access-date=20 December 2018}}{{cite web |title=About Protiviti |url=https://www.protiviti.com/US-en/about-us |website=Protiviti |access-date=20 December 2018}}{{cite web |title=Annual Report 2024 |url=https://www.roberthalf.com/us/en/about/investor-center/2024-annual-report|publisher=Robert Half International |access-date=11 April 2025}}

}}

Protiviti Inc. (Protiviti) is a global consulting firm headquartered in Menlo Park and San Ramon, California, that provides consulting in internal audit, risk and compliance, technology, business processes, data analytics and finance.{{cite web |title=About Protiviti |url=https://www.protiviti.com/US-en/about-us |website=Protiviti |access-date=20 December 2018}} It is a subsidiary under Robert Half. Protiviti and its independently and locally owned Member Firms serve clients through a network of more than 89 locations in over 29 countries.

Protiviti has served more than 80 percent of Fortune 100, nearly 80 percent of Fortune 500 and 70 percent of Fortune 1000 companies.{{Cite web |date=17 January 2023 |title=Protiviti Ranked #15 on the Fortune '100 Best Companies to Work For' List |url=https://www.protiviti.com/au-en/press-release-041122-protiviti-ranked-15-fortune-100-best-companies |access-date=17 January 2023 |website=Protiviti}}{{Cite web |date=17 January 2023 |title=Who we are |url=https://www.protiviti.com/us-en/who-we-are |access-date=17 January 2023 |website=Protiviti}} From 2018 to 2025, the firm has been consistently listed by Forbes⁣ as being one of the world's best management consulting firms.{{cite web |title=America's Best Management Consulting Firms 2022 |url=https://www.forbes.com/companies/protiviti/?list=best-management-consulting-firms/&sh=7b0e6a054b04 |website=Forbes |access-date=24 April 2022}}{{Cite web|url=https://www.forbes.com/companies/protiviti/?list=best-management-consulting-firms/#1ee101844b04|title = Protiviti|website = Forbes}} Protiviti has also been listed as one of the 100 Best Companies to Work For by Fortune Magazine for 11 consecutive years from 2015 to 2025.{{cite web |title=100 Best Companies to Work For |url=https://fortune.com/company/protiviti/best-companies/|website=Fortune |publisher=Fortune Media IP Limited. |access-date=12 April 2022}}

History

Protiviti was formed in 2002 when the Company hired more than 700 professionals who had been affiliated with the internal audit, business and technology risk consulting practice of Arthur Andersen, including more than 50 individuals who had been partners of that firm. These professionals formed the base of Protiviti.{{cite web |title=2017 Annual Report |url=https://www.roberthalf.com/sites/default/files/documents/roberthalf_2017annualreport.pdf |website=Robert Half |publisher=Robert Half International |access-date=20 December 2018}}

In 2006, Protiviti acquired the assets of PG Lewis & Associates, a leading national provider of Data Forensics and Cybersecurity services founded in 2003 by serial technology entrepreneur, Paul G. Lewis. Financial terms were not disclosed.{{Cite web|date=3 March 2006|title=Protiviti Acquires P.G. Lewis & Associates|url=https://www.accountingtoday.com/news/protiviti-acquires-pg-lewis-amp-associates|access-date=4 June 2020|website=accounting today}}

The following year Protiviti acquired the bankruptcy consulting firm PENTA Advisory Services, LLC with locations in Baltimore, Maryland and Richmond, Virginia. PENTA provided restructuring and insolvency services, litigation services and US bankruptcy trustee services. Financial details regarding the transaction were not disclosed.{{Cite web|date=3 April 2007|title=Protiviti Acquires PENTA Advisory Services,LLC|url=https://br.advfn.com/bolsa-de-valores/share-news/20082581/protiviti-acquires-penta-advisory-services-llc|access-date=23 May 2023|website=ADVFN}}

In 2015, Protiviti acquired Decision First Technologies.{{Cite web |date=2015-11-17 |title=Protiviti acquires US-based Decision First Technologies |url=https://www.consultancy.uk/news/2943/protiviti-acquires-usbased-decision-first-technologies |access-date=2025-01-22 |website=www.consultancy.uk |language=en}}

In January 2019, Protiviti expanded its Middle East & North African presence by launching an office in Cairo, Egypt. The new location is the first Member Firm in North Africa, and is led by Managing Director Ashraf Fahmy, a former Deloitte partner in Egypt and with the firm's enterprise risk practice in Abu Dhabi.{{cite web |title=Protiviti expands MENA presence with launch of member firm in Egypt |url=https://www.consultancy-me.com/news/1720/protiviti-expands-mena-presence-with-launch-of-member-firm-in-egypt |website=Consultancy-me.com |date=11 January 2019 |publisher=Consultancy.org |access-date=20 January 2019}}{{cite news |title=Protiviti opens office in Cairo |url=https://www.itnewsafrica.com/2019/01/protiviti-opens-office-in-cairo/ |access-date=20 January 2019 |publisher=IT News Africa |date=January 12, 2019}}

In February 2019, Protiviti added Gauteng-based internal audit and forensic services firm SekelaXabiso CA (SkX) as its first member firm in South Africa. The new firm will serve domestic firms as well as international firms looking for support to enter the South African market. The firm houses over 200 consultants, and has offices in the major financial centres of Gauteng and Durban.{{cite news |title=SekelaXabiso to operate as a Protiviti member firm in South Africa |url=https://www.consultancy.co.za/news/1373/sekelaxabiso-to-operate-as-a-protiviti-member-firm-in-south-africa |access-date=24 February 2019 |agency=Consultancy.org |publisher=Consultancy.co.za |date=Feb 22, 2019}}

For fiscal year 2019, Protiviti's revenue exceeded US$1 billion for the first time in its 18-year history.{{cite web |title=Annual Report 2019 |url=https://www.roberthalf.com/sites/default/files/documents/Robert%20Half_2019%20Annual%20Report.pdf |publisher=Robert Half International |access-date=18 April 2020}}

In March 2020, Protiviti expanded its European footprint by opening 3 new offices in Zürich, Switzerland, and Berlin and Düsseldorf, Germany.{{cite news |title=Robert Half's (RHI) Protiviti Expands Operations in Europe |url=https://finance.yahoo.com/news/robert-halfs-rhi-protiviti-expands-143102785.html |access-date=17 March 2020 |agency=Zacks Equity Research |publisher=Yahoo Finance |date=March 6, 2020}} Protiviti's global network of member firms operate as independently owned and operated entities, but have access to the firm's resources despite not possessing agency to act on Protiviti's behalf.

Service Expansion

In March 2022, Protiviti formed a new service line, "Protiviti Digital", which serves as a digital marketing agency. Protiviti Digital serves clients seeking to execute complex digital and marketing strategies, as well as transform customer experiences.{{cite web |title=Protiviti bundles digital expertise under new roof: Protiviti Digital |url=https://www.consulting.us/news/7368/protiviti-bundles-digital-expertise-under-new-roof-protiviti-digital |website=consulting.us |date=17 March 2022 |publisher=Consultancy.org network |access-date=24 April 2022}}

In April 2022, Robert Half moved its legal consulting service line to Protiviti, which allows Protiviti to expand its legal consulting practice. The service line supports clients with a broader range of legal, compliance, governance, technology, investigation and transaction-related business needs.{{cite web |title=Robert Half moves legal solutions practice to subsidiary Protiviti |url=https://www.consulting.us/news/7440/robert-half-moves-legal-solutions-practice-to-subsidiary-protiviti |website=consulting.us |date=April 2022 |publisher=Consultancy.org network |access-date=24 April 2022}}

See also

References