PwC’s Deals practice has entered a strategic relationship with ToltIQ, a specialized artificial intelligence platform focused on private markets due diligence. Announced recently this month, this partnership positions PwC as ToltIQ’s exclusive professional services advisor worldwide, with exclusivity among major accounting and consulting firms.
The collab aims to integrate advanced AI and digital technology capabilities throughout the entire deal lifecycle, enhancing efficiency, depth of analysis, and overall outcomes for complex transactions.
The alliance addresses the evolving demands of modern dealmaking, where compressed timelines and exponentially larger data volumes challenge traditional approaches.
By combining PwC’s vast global transaction expertise—spanning thousands of deals across diverse sectors—with ToltIQ’s purpose-built AI tools, the partnership seeks to deliver faster and more reliable processes.
ToltIQ has demonstrated its value at PwC, supporting over 4,000 practitioners across more than 5,000 transactions and analyzing millions of documents in live environments.
This real-world usage provides a strong foundation for further innovation.
Three core objectives drive the relationship.
First, it will equip PwC’s deal teams with enhanced AI tools to streamline live transaction execution, allowing professionals to focus on high-judgment decisions rather than manual data sifting.
Second, PwC will assist clients—including private equity firms, corporate buyers, limited partners, and family offices—in adopting and responsibly governing ToltIQ’s capabilities within their own workflows.
The platform’s model-agnostic design ensures seamless integration with clients’ existing AI investments, while maintaining robust security, traceability, and compliance standards essential for institutional trust.
Third, the two organizations will jointly develop next-generation infrastructure, extending AI support beyond initial due diligence to more interconnected and autonomous deal processes.
Kevin Desai, PwC US Deals Platform Leader, emphasized the transformative potential: dealmaking is evolving more rapidly than any other area of professional services due to AI advancements.
He described the partnership as a strategic commitment to reimagining transaction workflows around AI possibilities, positioning PwC at the forefront of intelligent deal execution.
Ed Brandman, Founder and CEO of ToltIQ and former Partner and CIO at KKR, highlighted the synergy.
ToltIQ was designed to enhance diligence by enabling quicker, more insightful reviews with accumulated institutional knowledge across deals.
He noted PwC‘s scale, industry knowledge, and execution capabilities make it the ideal partner to scale this vision effectively.
ToltIQ stands out for its focus on private markets professionals.
The platform ingests entire virtual data rooms, rapidly categorizes content, and extracts key insights from financial, legal, technical, and commercial documents.
Built with security at its core—including SOC 2 Type II certification, ISO compliance, GDPR adherence, and zero data retention for model training—it ensures confidentiality while delivering source-linked, auditable outputs.
This collab reflects a broader industry shift. Rather than relying solely on general-purpose tools, PwC is investing in specialized platforms co-developed with practitioners who understand the nuances of high-stakes transactions.
By prioritizing governance and real-world applicability, the alliance aims to build trusted AI infrastructure that elevates deal quality and client value in an increasingly competitive landscape.
As AI continues reshaping the digital economy in 2026, partnerships like this signal a new chapter for private markets, where technology augments human expertise to unlock greater speed, precision, and strategic insight. Clients and practitioners now stand to benefit from more informed, efficient, and forward-looking deal processes.