Here Are Accenture’s 23 Acquisitions In 2022

Some major Accenture acquisitions over the last 12 months include Ergo, Blackcomb Consultants and Alfa Consulting.

After a conservative start in the first half of 2022, with less than 10 acquisitions under its belt, Accenture ramped up its acquisition spree in the latter half, buying up numerous companies to complement the many facets of its business. The Dublin-based global systems integrator, No. 1 on CRN’s 2022 Solution Provider 500, did go on a massive spree of acquisitions in April, gathering up six companies altogether, and another spree over the summer. And the acquisitions will likely keep rolling in.

“Our strategy for FY23 remains the same – focusing on acquisitions to scale in new markets, gain new capabilities or deepen industry and functional expertise,” an Accenture spokesperson said in an email.

In 2022, Accenture generated $61.6 billion in revenue, which was a record increase of 22 percent in U.S. dollars. Operating cash flow for fiscal year 2022 was $9.5 billion and free cash flow was a record $8.8 billion. New bookings were a record $71.7 billion.

“Our exceptional performance in fiscal 2022 is a testament to our ability to create enduring 360 value for all our stakeholders: clients, people, shareholders, partners and communities,” Julie Sweet, chair and CEO of Accenture, said during a FY22 Q4 earnings call. “The depth, breadth and relevance of our services uniquely position us to help our clients achieve resilience, agility and growth across every part of the enterprise.”

With strategy, consulting, technology and operations offerings in more than 40 industries powered by large networks of advanced technology and intelligent operations centers, Accenture is ripe with opportunity and revenue growth in 2022. With more than 720,000 team members in more than 120 countries, the global solutions provider is laser focused on scale, experience, industry knowledge and trust.

Here are the 23 Accenture acquisitions has made in 2022 in order of acquisition date from oldest to most recent. The financial terms of each of the deals were not disclosed.

Alfa Consulting

Alfa Consulting is a Barcelona-based consultancy that specializes in operations strategy in capital intensive industries. The company has expertise in leveraging analytics to design and implementing new operational models for clients across industries such as utilities, high tech, energy and industrial goods. Research firm PitchBook reported that in 2021 Alfa, which was acquired by Accenture in March, had $7.33 million in revenue.

About 50 consultants joined Accenture’s Supply Chain Operations helping clients with end-to-end supply network visibility, supply chain segmentation, sourcing and procurement transformation, operational agility, resilience stress testing and sustainable and responsible supply chain strategies.

Trancom ITS (certain technology)

Accenture acquired digital engineering and operational technology capabilities from Trancom ITS, a Japanese logistics technology services provider, in March. The acquisition, which brought over 190 employees, enables Accenture’s Industry X service to offer more hyper-automation solutions, which manufacturing and logistics businesses in Japan are demanding to become more efficient and sustainable.

Trancom ITS is a subsidiary of major Japanese logistics company Trancom, which provides technology services to its parent and other Japanese companies in the logistics, manufacturing and information technology industries.

“We’re seeing significant demand from clients to help them automate manual processes in factories and warehouses,” said Tatsuya Nakayabu, senior managing director and lead for Accenture Industry X in Japan, in a statement. “By combining assets from Trancom ITS with our AI and robotics capabilities, we can drive more value from these processes for clients and help them become more sustainable.”

Avieco

In April, Accenture acquired London-based Avieco, which is a leading U.K. sustainability consultancy, bringing more than 60 professionals to the team.

Avieco helps companies understand, manage and improve their sustainability performance as well as create sustainable value for their stakeholders. Its consulting experts spans across many industries including retail and consumer goods, financial services, technology and media.
Avieco will bring extensive knowledge in environmental, social and governance measurement and reporting, net zero strategy and regulation and real-time data analytics to Accenture’s Sustainability Services in the U.K.

“Avieco plays a central role in helping businesses in the U.K. and Ireland to create a sustainable, low-carbon economy and society,” said Ben Murray, CEO of Avieco, in a statement. “Accenture’s commitment to sustainability is strongly aligned to ours and its scale will help us expand our mission to turn sustainability promises into actions. Being part of Accenture will create new opportunities for our people and our combined expertise will help businesses become truly sustainable.”

Greenfish

Accenture in April acquired Greenfish, a Brussels-based independent engineering and advisory company that specializes in sustainability consultancy services.
Founded in 2010, Greenfish provides engineering solutions to accelerate sustainable business transformation, from strategy to implementation. The company brought more than 270 professionals to Accenture’s Sustainability Services. PitchBook reported that in 2021 Greenfish had revenue of $12.61 million.

“We are motivated by this opportunity to join a leading organization to continue to drive sustainability as a top priority,” said Yann Louise, co-founder of Greenfish, in a statement. “Combining our respective expertise would allow us to reach a larger group of clients, and offer a whole new level of strategic counsel and services, thus accelerating the sustainability transformation of our clients and increasing our impact on society.”

Ergo

Accenture acquired Argentina-based data-centered business Ergo in April to help companies create a culture of data-driven decision-making using big data, analytics and artificial intelligence. Ergo’s 200 data specialists joined the data and AI team within Accenture Cloud First expanding capabilities to drive data-led transformations for clients in the Hispanic South American market in Argentina, Chile, and Colombia.

“Joining the Accenture Cloud First team will enable us to scale our data-led experience for major worldwide clients to achieve better business outcomes, faster – from improving how they work, how they serve customers, and how they differentiate through new products and services,” said, Ariel Güelmos, Ergo CEO, in a statement.

akzente

Accenture in May acquired akzente, Munich-based sustainability consultancy that helps companies in automotive, financial services, energy and consumer goods build sustainability into the core of their businesses.

The akzente team brought more than 60 employees to Accenture’s Sustainability Services and builds on Accenture’s Sustainability Value Promise to embed sustainability into everything the company does and with everyone it serves, leveraging the power of technology, human ingenuity and industry leading ecosystem partners to create business value and sustainable impact.

“akzente is known for deep consulting expertise and thorough experience in all facets of sustainability for almost 30 years,” Sabine Braun, founder and managing partner of akzente, said in a statement. “Accenture’s scale and commitment to sustainability will enable us to extend our value proposition to new customers across industries and geographies. Being part of Accenture will lead to new opportunities for our people and our combined expertise will help our clients to integrate sustainability at the core of their business.”

Allgemeines Rechenzentrum GmbH (ARZ)

In June, Accenture agreed to acquire Allgemeines Rechenzentrum GmbH (ARZ), an Austria-based service provider focused on the Austrian banking industry, to expand Accenture’s cloud-based banking platform-as-a-service offerings, ranging from core banking services to online banking as well as regulatory services for banking clients across Europe.

About 600 employees will join Accenture and will continue to work in their existing locations in Vienna and Innsbruck.

ARZ is majority-owned by Volksbanken Group, Hypobanken Group and other private banks.

Advocate Networks, LLC

In June, Accenture acquired Advocate Networks, LLC, a Norcross, Georgia-based technology consultancy and managed services provider of Technology Business Management (TBM) solutions that help organizations create business value, achieve cost savings and modernize their technology platforms.
Advocate will bring 85 team members to Accenture’s Technology Strategy & Advisory practice which will bring capabilities for helping clients define, architect and measure value from their digital and cloud transformations. Advocate has technology expertise and a full suite of offerings that help businesses align technology investments with business goals and uncover savings to reinvest in initiatives that drive growth and transformation.

XtremeEDA

Accenture acquired Ottawa, Canada-based XtremeEDA in June to expand Accenture Cloud First’s capabilities in edge computing. The acquisition will clients improve how they manage and use physical assets and create new interactive, human experiences.

XtremeEDA provides semiconductor engineering services for clients seeking silicon solutions to enable edge AI deployment. The company had about 40 employees at the time of the deal, according to PitchBook.

“Joining Accenture will enable us to continue the mission we started 20 years ago: to be a strategic partner for clients and to have global reach,” said Claude Cloutier, CEO of XtremeEDA, in a statement. “It’s a milestone moment to bring our team’s experience to Accenture’s end-to-end silicon engineering services. We are excited for the journey ahead, one that will open greater opportunities for our clients and people.”

The Stable

Accenture in July acquired commerce agency The Stable to enhance Accenture’s global commerce transformation expertise and its ability to rapidly build and operate data-driven digital commerce ecosystems.

Minneapolis-based The Stable focuses on helping consumer brands build and operate their own digital commerce channels and manage their brand and sales performance across North American retailers. Before the acquisition, the company raised $2.25 million in funding, according to PitchBook.

The Stable was founded in 2015 to provide a full suite of omnichannel commerce capabilities that drive revenue and efficiency for brands across the consumer ecosystem. About 400 employees came over in the acquisition.

“The Stable has expertise in helping consumer brands build and run their own digital channels, and helping brands work with their consumers,” Cristian Vega, global lead for digital commerce for Accenture operations, told CRN. “It takes a multi-channel approach to provide a holistic view of in-store and digital experience across retailers and their direct communications with their consumers. The Stable brings Accenture parallel knowledge and amazing talent and assets we consider complementary. This will help us build and evolve our current services.”

Eclipse Automation

Accenture acquired Ontario, Canada-based Eclipse Automation in July to help clients build factories of the future by further enhancing robotics solutions and digital technologies.

Eclipse Automation specializes in manufacturing automation and robotics solutions for products in life sciences, industrial equipment, automotive, energy and consumer goods companies, such as electric vehicle batteries and wearable blood-glucose monitors. Their solutions include automation control systems and production machines and robots. The company has about 800 employees at the time of the deal, according to PitchBook.

“Digitizing engineering and manufacturing is our clients’ next digital frontier,” Aaron Saint, North America lead for Industry X at Accenture, told CRN in July. “Accenture has deep digital expertise, Eclipse Automation is a leader in advanced automation capabilities, and combining these two capabilities will position Accenture better than ever to achieve this digital frontier.”

Solvera Solutions

Accenture in July acquired Solvera Solutions, a Canada-based company that delivers platform-led digital transformation services across Western Canada. Solvera brought knowledgable experience on the ServiceNow platform and expanded Accenture’s current offerings on the Microsoft Modern Workplace and Microsoft Power Platform.

Solvera Solutions was founded in 2005 and brought more than 450 team members along with the acquisition. Solvera serves clients in the public sector, health, financial services, utilities and energy and agriculture industries. To date the company raised $2.99 million in funding, according to PitchBook.

Tenbu

Accenture acquired cloud data firm Tenbu in August to expand Accenture’s Cloud First capabilities in Latin America and around the world. Tenbu specializes in solutions for intelligent decision-making and planning in analytics, big data and machine learning.

It will bring Accenture’s data and AI expertise, industry depth and cloud ecosystem innovation. Tenbu was the 11th acquisition with headquarters in Latin America that Accenture made in the past five years. It had about 170 employees at the time of the deal, according to PitchBook.

“With changing business and operating models, evolving architectures, applications and data, clients are looking for help to understand how they can monetize across the cloud continuum,” Paulo Ossamu, lead of Accenture Technology in Latin America, said in a statement. “The Tenbu team brings vast data and AI specialists to draw up clear priorities and help keep different parts of our clients’ organizations aligned to achieve specific business outcomes.”

Sentia

Accenture in August acquired Netherlands-based Sentia and its businesses in the Netherlands, Belgium and Bulgaria to help Accenture’s capabilities to provide end-to-end cloud infrastructure services across public, private and sovereign clouds. More than 300 cloud specialists to came on board and will work in Accenture Cloud First.

Sentia group provides cloud advisory and delivery services across hybrid and multi cloud strategy, cloud transformation and migration.

“Accenture Cloud First’s priority is to help clients with total enterprise reinvention by building their digital core, optimizing operations and accelerating growth,” Karthik Narain, global lead for Accenture Cloud First, said in a statement. “Adding the Sentia team expands our migration and modernization capabilities, and further equips us to help companies optimize their workloads across the cloud continuum.”

Romp

Accenture acquire Indonesia-based Romp, a brand and experience agency, in August to strengthen Accenture Song’s ability to deliver creative and tech-driven brand experiences for clients across its Southeast Asia market. Accenture Song was formerly known as Accenture Interactive.

Romp is known for its creative talent and services across branding and marketing projects and boasts strong local knowledge and expertise in brand communications, design and digital operations. Some of its clients include Indofood, Danone, Kimberly-Clarke Softex and Google. Romp brought over about 150 employees in the acquisition.

“Led by influential leadership, Romp stood out as an independent agency with an impressive track record of helping clients accelerate business growth and sustain relevancy for years to come despite being a young company,” Thomas Mouritzen, Accenture Song’s Southeast Asia lead, told CRN in emailed statement. “Romp’s capabilities strongly aligned with and complemented the services offered through Accenture Song that helps client growth through relevance. We also found a strong cultural fit.”

YSC Consulting

Accenture In August acquired YSC Consulting, a CEO advisory and leadership consultancy that helps organizations align leadership strategies with their business goals. YSC strengthened Accenture’s ability to advise the CEO, C-Suite and Board with solutions to boost performance and build future leadership teams. More than 200 YSC team members joined Accenture under the acquisition.

“Leaders must meet new expectations to win the hearts and minds of employees and customers in a rapidly changing world,” Christie Smith, global lead of talent and organization / human potential at Accenture, said in a statement. “Successful business leaders thrive through the application of meaningful purpose and the use of technology to lead with accuracy, speed, empathy, and transparency. It’s at the cross-section of these values where Accenture and YSC Consulting truly align. We look forward to coming together and helping clients maximize their impact and carve a successful future steered by modern leadership.”

Carbon Intelligence

Accenture acquired London-based Carbon Intelligence in September that specializes in helping global businesses understand and reduce their carbon footprint. More than 160 team members made up of data scientists, consultants and sustainability experts came along in the acquisition and will focuse on helping customers reduce their carbon footprint.

Carbon Intelligence uses a unique strategy, named Science Based Target Initiative, that leads to transformational rethinking of a client’s business models to reduce its carbon footprint.

“The Carbon Intelligence team is made up of amazing, passionate people who are committed to driving real impact on climate change,” Jonathan Sykes, CEO of Carbon Intelligence, said in a statement. “We are excited to be joining Accenture, which will help us scale our capabilities and fulfil our mission to help businesses make a successful transition to a low-carbon world.”

MacGregor Partners

In September, Accenture acquired Raleigh, N.C.-based MacGregor Partners, a supply chain consultancy and IT provider specializing in intelligent logistics and warehouse management.

More than 100 MacGregor employees came over to Accenture’s Intelligent Platform Services group in the deal.

The acquisition expanded Accenture’s supply chain network and fulfillment transformation abilities powered by Blue Yonder technology.

“The acquisition of MacGregor deepens our capabilities for supply chain network transformation and extends our skilled workforce in delivering effective solutions with our alliance partner, Blue Yonder,” Renato Scaff, Accenture’s North America supply chain and operations leader, said in a statement.

Inspirage

Accenture in September acquired Bellevue, Wash.-based Inspirage, an integrated supply chain specialist firm focused on Oracle technology, that will further enhance Accenture’s Oracle Cloud capabilities. The deal also helped Accenture accelerate innovation for clients through touchless supply chain and digital twins. More than 700 employees came over in the deal which bolstered Accenture’s Oracle supply chain skills and expanded its capabilities to help clients create interconnected supply chain networks.

“Our goal is to drive value for our clients, empowering them to evolve their businesses by embracing the cloud continuum and digital technologies,” Samia Tarraf, North America Oracle Business Group lead at Accenture, said in a statement. “We look forward to joining forces with Inspirage, a highly valued Oracle partner with top talent and an impressive track record. Together, we will help unleash the power of Oracle Cloud to drive impactful results.”

The Beacon Group

In September, Accenture acquired Portland, Maine-based The Beacon Group to deepen Accenture’s capabilities to help C-suite leaders make fact-based decisions for targeting, segmentation and routes to growth. driven by market insights and scalable solutions to execute enterprise transformations at scale.

The Beacon Group is a growth strategy consultancy firm serving Fortune 500 companies across the technology, aerospace, industrial, healthcare and life sciences industries. Beacon’s team of more than 60 experts in growth strategy, market modeling and mergers and acquisitions advisory, will join Accenture Strategy, the companies said.

Stellantis

In October, Accenture acquired Stellantis’ World Class Manufacturing (WCM) training and consulting business, a division that supports process optimization in manufacturing and the supply chain, to integrate the WCM methodology in Accenture solutions. WCM will help Accenture clients transform their manufacturing process and supply chain networks to be more efficient, sustainable and resilient. The deal also brings WCM’s training solutions for increasing the manufacturing skills of client’s teams.
The acquisition was an overall growth strategy to expand critical skills and in key markets to help clients generate 360-degree value across their businesses, Accenture said.

Blackcomb Consultants

Accenture in October acquired Chicago-based Blackcomb Consultants to further Accenture’s ability to deliver Guidewire solutions to insurers globally to help them become cloud-first businesses. Founded in 2011, Blackcomb is a specialist IT provider to P&C (property and casualty) insurance carriers and helps them improve operational

agility and go to market efforts.

Guidewire’s end-to-end technology platform combines digital, analytics and artificial intelligence capabilities across the underwriting, billing, claims and customer relationship management functions.

“Amid market disruption and heightened consumer expectations, insurers are turning to platforms such as Guidewire to drive strategic digital and business transformation,” Victor Voss, a co-founder of Blackcomb Consultants, said in a statement. “Accenture and Blackcomb Consultants share a vision focused on delivering innovation to P&C carriers of all sizes, and by joining Accenture, we will be able to scale and expand our solutions for insurers worldwide, helping them create a sustained competitive advantage.”

ALBERT

Accenture in November acquired Japan-based data science company ALBERT Inc. that will further strengthen its data and AI capabilities for its clients. The acquisition added a large team of data scientists to Accenture who will help clients manage the reinvention of their enterprises including data and AI transformation.

The ALBERT acquisition was Accenture’s latest step to further strengthen its offerings in Japan that will use data to digitally replicate the entire enterprise. It will also help Japanese companies grow and become more competitive with deep data analytics and AI expertise. ALBERT was founded in 2005 and has raised more than $16 million in funding since 2016, according to Crunchbase.

“Companies today need a 360-degree view on their business to make better and faster decisions,” Atsushi Egawa, Accenture’s business lead in Japan, said in a statement. “They must look beyond the financials and include, for example, sustainability initiatives, customer experiences, and people development and retraining. Gaining this holistic perspective and being able to simulate every aspect of the business requires deep data science expertise and AI capabilities.”