Inspirage to be Acquired by Accenture

Rhea-AI Summary

Accenture (NYSE: ACN) has signed a definitive agreement to acquire Inspirage LLC, a company that specializes in Oracle's cloud-based supply chain management software integration. This acquisition will enhance Accenture's capabilities in providing transformative solutions for enterprise clients, particularly in sectors like industrial manufacturing and life sciences. Inspirage combines consulting services with intellectual property, facilitating comprehensive supply chain management. This strategic move is expected to bolster Accenture's market position by leveraging Inspirage's expertise and client portfolio.

Positive

• Acquisition of Inspirage enhances Accenture's capabilities in Oracle cloud-based solutions.
• Expected synergy from combined expertise in supply chain management.
• Inspirage's established client base across diverse industries supports market expansion.

Negative

• None.

LOS ANGELES, Sept. 22, 2022 /PRNewswire/ -- RLH Equity Partners is pleased to announce that our portfolio company Inspirage LLC executed a definitive agreement to be acquired by Accenture (NYSE: ACN). Inspirage provides enterprise clients with transformative implementation solutions for Oracle's cloud-based supply chain management software and related components of the enterprise resource planning ecosystem. The Company combines consulting and IP to help its clients manage their entire supply chain continuum from product ideation through delivery, with solutions that include product lifecycle management, demand planning, product and source material procurement, factory operations, delivery logistics, post-sale support, and financials. The Company serves a diverse client base of complex enterprises in the industrial manufacturing, oil & gas, high tech, consumer products, and life sciences sectors.

Srini Subramanian, CEO and co-founder of Inspirage, commented, "With patient and thoughtful assistance from RLH, we were able to grow our organization substantially while maintaining our distinctive culture, one in which our people take great pride in solving difficult supply chain challenges for our clients."

RLH Managing Directors Kevin Cantrell and Rob Rodin commented, "We have been honored to partner with Srini and his colleagues in building a business recognized by both Gartner and Oracle as a leading Oracle cloud services provider dedicated to delivering complex supply chain solutions to enterprise clients around the globe. The Inspirage team nimbly navigated the pandemic and has helped support client-driven initiatives to rearchitect supply chains to accelerate growth in revenue and profitability." 

About RLH Equity Partners

RLH Equity Partners invests, together with entrepreneurial leadership teams, in uniquely positioned, high growth, knowledge-based enterprises. Our portfolio companies span the business services, healthcare, and government services sectors and typically have $30-150 million of annual revenue at the time of investment. The RLH investment team, which averages over 15 years of private equity experience, provides strategic and operational guidance to our portfolio companies in navigating the opportunities and challenges of scale and rapid growth. Our insights and processes to drive enterprise value have been honed over RLH's 40+ year history of successful investing. Our firm currently manages over $1 billion of assets and is actively seeking new portfolio company investments.

CONTACT
For more information please contact:

Jessica Bramwell
Director of Communications
RLH Equity Partners
949-428-2205
jbramwell@rlhequity.com
www.rlhequity.com

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SOURCE RLH Equity Partners

FAQ

What is the acquisition of Inspirage by Accenture?

Accenture has acquired Inspirage to strengthen its capabilities in Oracle's cloud-based supply chain management solutions.

When was the acquisition of Inspirage announced?

The acquisition was announced on September 22, 2022.

What is the significance of the Inspirage acquisition for Accenture?

The acquisition enhances Accenture's service offerings and client portfolio in the supply chain management sector.

What sectors does Inspirage serve?

Inspirage serves clients in industrial manufacturing, oil & gas, high tech, consumer products, and life sciences.

What type of solutions does Inspirage provide?

Inspirage offers transformative implementation solutions for Oracle’s supply chain management software.