Accenture to Acquire Camelot Management Consultants to Expand SAP and Supply Chain Capabilities

Rhea-AI Summary

Accenture (NYSE: ACN) has agreed to acquire Camelot Management Consultants, a German SAP-focused consulting firm specializing in supply chain, data, and analytics. This acquisition aims to enhance Accenture's SAP and AI-driven supply chain capabilities, helping clients build intelligent and resilient supply chains. Camelot's expertise will bolster Accenture's ability to drive supply chain reinvention and accelerate AI adoption.

Founded in 1996, Camelot is a leading SAP partner in Germany, Austria, and Switzerland, serving large and midsize companies in various industries. The acquisition will bring over 700 highly qualified professionals to Accenture, including SAP, data, and supply chain experts. This move follows Accenture's recent acquisition of Einr, a Norwegian SAP-focused company, in May 2023.

Positive

• Acquisition enhances Accenture's SAP and AI-driven supply chain capabilities
• Adds over 700 highly qualified professionals to Accenture's workforce
• Expands Accenture's presence in key European markets
• Camelot brings deep expertise in supply chain management and analytics
• Strengthens Accenture's position as a leading SAP partner in the region

Negative

• None.

Financial Analyst

Accenture’s acquisition of Camelot Management Consultants is a strategic move that bolsters its capabilities in SAP and supply chain management. This acquisition aligns with Accenture's broader strategy of enhancing its technology and consulting offerings to address complex business challenges. For investors, the immediate implication is that Accenture is strengthening its market position, particularly in Europe and in sectors such as chemicals, life sciences and consumer goods.

Accenture’s ability to provide comprehensive solutions that integrate SAP, data analytics and AI-driven insights provides a competitive edge. This acquisition could potentially drive revenue growth and improve profit margins by tapping into the growing demand for advanced supply chain solutions. Investors should consider this a positive development that could lead to increased market share and long-term financial benefits.

Tech Expert

From a technological perspective, acquiring Camelot Management Consultants significantly enhances Accenture's offerings in SAP and AI-driven supply chain management. Given the backdrop of increased market volatility and the necessity for robust supply chain strategies, Camelot's expertise in data strategy and modernization is invaluable. This acquisition positions Accenture as a leader in integrating AI into supply chains, potentially setting new industry standards.

The fact that only 9% of companies widely use AI in supply chains highlights a substantial growth opportunity. Accenture’s enhanced capabilities could lead to faster AI adoption across industries, driven by Camelot’s specialized knowledge. This technological advancement is essential for clients looking to remain competitive, making Accenture’s services more attractive and potentially leading to higher client retention and acquisition rates.

Market Research Analyst

Market-wise, the acquisition of Camelot Management Consultants by Accenture can be viewed as a strategic enhancement of its service portfolio, especially in the European market. Camelot's established presence in Germany, Austria, Switzerland and beyond, combined with its focus on high-growth industries, provides Accenture with a broader customer base and deeper market penetration.

This move is particularly significant given the current macroeconomic environment where supply chain resilience and efficiency are paramount. With Camelot's expertise, Accenture is better positioned to assist clients in navigating regulatory landscapes, global disruptions and evolving customer expectations. For investors, this acquisition could translate into enhanced market positioning and improved financial metrics for Accenture in the long term.

MANNHEIM, Germany--(BUSINESS WIRE)-- Accenture (NYSE: ACN) has agreed to acquire Camelot Management Consultants, an international SAP^®-focused management and technology consulting firm from Germany, with specific strengths in supply chain, data and analytics. The acquisition will further enhance Accenture’s SAP and AI-driven supply chain capabilities, helping clients build the intelligent and resilient supply chains that today's business landscape demands.

Accenture has agreed to acquire Camelot Management Consultants, an international SAP®-focused management and technology consulting firm from Germany, with specific strengths in supply chain, data and analytics. (Photo: Business Wire)

The firm’s deep expertise in supply chain management will bolster Accenture’s ability to drive the reinvention of its clients’ entire supply chains. Camelot will also bring experience in analytics, data strategy and modernization, helping organizations build a strong foundation for accelerating the adoption of AI. Research from Accenture shows only 9% of companies use AI and generative AI widely across their supply chains, and the adoption of the technologies correlates with higher profitability.

“Today, we are seeing a surge in demand for data and analytics services in supply chain management, strongly driven by increased market volatility and the need for companies to make their logistics more efficient,” said Tobias Regenfuss, Technology lead Austria, Switzerland and Germany, Accenture. “With our acquisition of Camelot, we will further enhance our capabilities and services to help our clients use technology to address complex and pressing business needs and drive additional value.”

Christina Raab, market unit lead for Accenture in Germany, Austria and Switzerland, added, “Many organizations struggle to navigate global disruptions, comply with evolving regulations, meet rising customer expectations and keep pace with technological developments. Driving value faster requires extraordinary flexibility and a reinvention of traditional approaches. With Camelot’s deep supply chain expertise, we will be even better equipped to help organizations thrive amid disruption to stay relevant and grow.”

Founded in 1996, Camelot is a leading SAP partner in Germany, Austria and Switzerland with a broad client portfolio of large and midsize companies in the chemicals​, life sciences​, consumer goods and industrial manufacturing industries. With headquarters in Mannheim, Germany, Camelot also has offices in the United States, United Arab Emirates, India, Poland, Spain and Switzerland. This acquisition will bring more than 700 highly qualified professionals to Accenture, including SAP, data and supply chain experts.

“We have been providing management and technology consulting services for nearly three decades and have become a leading SAP partner with clients in a wide range of industries,” said Libor Kotlik, Managing Partner of Camelot. “Accenture’s global scale and service portfolio will enable us to bring innovative ideas and solutions to clients while creating exciting development opportunities for our people. Together, we will address the key market demand and build lasting value for our clients.”

Camelot was recently named SAP Digital Supply Chain Focus Partner within the diamond initiative for the second consecutive year. The firm has been recognized by leading analysts and has won numerous awards including Germany’s Best Consultants 2024.

Camelot will follow Einr, a Norwegian SAP^®-focused business consulting company Accenture acquired in May 2023.

Terms of the transaction were not disclosed. Completion of the acquisition is subject to customary closing conditions, including receipt of regulatory approvals.

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,” “aspires,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook,” “goal,” “target” and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance nor promises that goals or targets will be met, and involve a number of risks, uncertainties and other factors that are difficult to predict and could cause actual results to differ materially from those expressed or implied. These risks include, without limitation, risks that: Accenture and Camelot will not be able to close the transaction in the time period anticipated, or at all, which is dependent on the parties’ ability to satisfy certain closing conditions; the transaction might not achieve the anticipated benefits for Accenture; Accenture’s results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and political conditions and the effects of these conditions on the company’s clients’ businesses and levels of business activity; Accenture’s business depends on generating and maintaining client demand for the company’s services and solutions including through the adaptation and expansion of its services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving technological environment could materially affect the company’s results of operations; if Accenture is unable to match people and their skills with client demand around the world and attract and retain professionals with strong leadership skills, the company’s business, the utilization rate of the company’s professionals and the company’s results of operations may be materially adversely affected; Accenture faces legal, reputational and financial risks from any failure to protect client and/or company data from security incidents or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; Accenture’s ability to attract and retain business and employees may depend on its reputation in the marketplace; if Accenture does not successfully manage and develop its relationships with key ecosystem partners or fails to anticipate and establish new alliances in new technologies, the company’s results of operations could be adversely affected; Accenture’s profitability could materially suffer if the company is unable to obtain favorable pricing for its services and solutions, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies or fail to satisfy certain agreed-upon targets or specific service levels; changes in Accenture’s level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company’s effective tax rate, results of operations, cash flows and financial condition; Accenture’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; changes to accounting standards or in the estimates and assumptions Accenture makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; as a result of Accenture’s geographically diverse operations and strategy to continue to grow in key markets around the world, the company is more susceptible to certain risks; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; Accenture’s business could be materially adversely affected if the company incurs legal liability; Accenture’s global operations expose the company to numerous and sometimes conflicting legal and regulatory requirements; Accenture’s work with government clients exposes the company to additional risks inherent in the government contracting environment; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture’s services or solutions infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. 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.

About Accenture

Accenture is a leading global professional services company that helps the world’s leading Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with 750,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240718196863/en/

Yvonne Bernerth

Accenture

+49 175 5767469

yvonne.bernerth@accenture.com

Source: Accenture

FAQ

What company is Accenture (ACN) acquiring?

Accenture is acquiring Camelot Management Consultants, an international SAP-focused management and technology consulting firm based in Germany.

How many employees will join Accenture (ACN) through the Camelot acquisition?

The acquisition will bring more than 700 highly qualified professionals to Accenture, including SAP, data, and supply chain experts.

What are the key areas of expertise that Camelot brings to Accenture (ACN)?

Camelot brings deep expertise in supply chain management, data and analytics, and SAP consulting services to Accenture.

When was Camelot Management Consultants founded?

Camelot Management Consultants was founded in 1996.

What industries does Camelot serve?

Camelot serves clients in the chemicals, life sciences, consumer goods, and industrial manufacturing industries.