During July 2023, Allegro Fund IV announced the acquisition and successful carve-out of PWC’s Australian Public Sector advisory business, now known as Scyne Advisory (“Scyne”), a purely independent specialist consultancy firm servicing government agencies, both State and Federal across Australia.
The investment and subsequent establishment of Scyne has supported the employment transition and operational costs to form the standalone, independent business. Allegro believes the creation of Scyne Advisory represents an attractive opportunity to transform a business and lead an industry-wide shift to specialised public sector advisory free from the conflict of supporting the private sector.
Scyne has a compelling vision to be the public sector advisory specialist, focussed on helping governments and their agencies build more resilient, secure, equitable and prosperous communities. Scyne will be focused on supporting Federal and state governments and their agencies, public and private corporations, and non-for-profits.
