Accenture Completes Acquisition of Exton Consulting
Accenture has completed its acquisition of Exton Consulting, a French firm helping financial services clients with banking strategy. This acquisition strengthens Accenture's Financial Services industry group, adding around 150 skilled professionals. The deal, initially announced on June 18, 2021, aims to enhance Accenture's capacity to provide comprehensive solutions in strategy, design, technology, and operations. Financial terms were not disclosed, but this move is expected to bolster innovation and operational performance across various financial sectors in Europe.
- Enhances Accenture's Financial Services capabilities with 150 skilled professionals.
- Strengthens ability to deliver innovative end-to-end solutions for financial transformation projects across Europe.
- Financial terms undisclosed, raising questions about the cost and potential financial impact of the acquisition.
Accenture (NYSE: ACN) has completed its acquisition of Exton Consulting, a French consulting firm providing banking strategy support to financial services clients across Europe. Accenture announced its intent to acquire Exton Consulting on June 18, 2021. Financial terms of the transaction were not disclosed.
Exton Consulting is now part of Accenture (Graphic: Business Wire)
Founded in 2006 and headquartered in Paris, France, Exton Consulting helps executive boards at major banks and insurance companies successfully manage growth and transformation projects that create new value for their clients in various markets across Europe.
The team of approximately 150 highly skilled professionals is joining Accenture’s Financial Services industry group. It will strengthen its ability to offer innovative end-to-end solutions to a broader range of financial services companies, covering all aspects of their transformation projects including strategy, design, technology, and operations.
Accenture’s Financial Services industry group helps retail, commercial and investment banks, payments providers, wealth and asset managers, exchanges and insurers and reinsurers boost innovation; address business, technology and regulatory challenges; and improve operational performance to build trust and engagement with customers and grow more profitably and securely.
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 569,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.
Forward-Looking Statements
Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and similar expressions are used to identify these forward-looking statements. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. Many of the following risks, uncertainties and other factors identified below are, and will be, amplified by the COVID-19 pandemic. 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Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.
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