PWC-History and milestones

PricewaterhouseCoopers was created on 1 July 1998 by the merger of two firms - Price Waterhouse and Coopers & Lybrand - each with historical roots going back some 150 years. Set out below are some key milestones in the history of both firms.

1849

Samuel Lowell Price sets up in business in London

1854

William Cooper establishes his own practice in London, which seven years later becomes Cooper Brothers

1865

Price, Holyland and Waterhouse join forces in partnership 1874 Name changes to Price, Waterhouse & Co.

1898

Robert H. Montgomery, William M. Lybrand, Adam A. Ross Jr. and his brother T. Edward Ross form Lybrand, Ross Brothers and Montgomery

1957

Cooper Brothers & Co (UK), McDonald, Currie and Co (Canada) and Lybrand, Ross Bros & Montgomery (US) merge to form Coopers & Lybrand

1982

Price Waterhouse World Firm formed

1990

Coopers & Lybrand merges with Deloitte Haskins & Sells in a number of countries around the world

1 July 1998

Worldwide merger of Price Waterhouse and Coopers & Lybrand to create PricewaterhouseCoopers

1 January 2003

PricewaterhouseCoopers UK adopts Limited Liability Partnership (LLP) status

About PricewaterhouseCoopers

PricewaterhouseCoopers provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 155,000 people in 153 countries across our network share their thinking, experience and solutions to develop fresh perspectives and practical advice.

"PricewaterhouseCoopers" refers to PricewaterhouseCoopers LLP (a limited liability partnership in the United Kingdom) or, as the context requires, the PricewaterhouseCoopers global network or other member firms in the network, each of which is a separate and independent legal entity.