Deloitte sells accountech venture Auvenir

Deloitte has completed the sale of Auvenir, an internal venture focused on accountech and compliance software. The company has been acquired by its own management team. Auvenir provides cloud-native platforms for accounting and compliance needs. This divestiture aligns with Deloitte's strategy to streamline its operations and focus on core advisory services, while allowing Auvenir to pursue independent growth.