STOCK TITAN

Harris Williams Advises Inspirage on its Pending Sale to Accenture

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Harris Williams, a global investment bank, is advising Inspirage on its upcoming sale to Accenture (NYSE: ACN). Inspirage specializes in Oracle Cloud supply chain transformation and consulting services. The deal aims to enhance supply chain capabilities amid growing market demand for efficient, technology-driven solutions. Inspirage's strong Oracle relationship positions it well in addressing critical supply chain challenges for product-based companies. This transaction illustrates the increasing interest from strategic buyers seeking to leverage technological advancements in supply chain management.

Positive
  • Inspirage's deep expertise in Oracle Cloud solutions enhances its market position.
  • The transaction aligns with Accenture's strategy to strengthen its supply chain consulting services.
Negative
  • None.

RICHMOND, Va.--(BUSINESS WIRE)-- Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Inspirage, a portfolio company of RLH Equity Partners (RLH), on its pending sale to Accenture (NYSE:ACN). Inspirage is a leading provider of Oracle Cloud supply chain transformation and consulting services. The transaction is being led by the Harris Williams Technology Group and Business Services Group, including Priyanka Naithani, Anthony Basmajian, Derek Lewis, Bill Greven and John Chase.

“The importance of supply chains has never been as pronounced as it is today. Strategic buyers and financial investors are actively pursuing opportunities, like Inspirage, that possess deep domain expertise while using technology, both software and services, to make supply chains secure, sustainable, and an area of competitive advantage,” said Priyanka Naithani, a managing director at Harris Williams.

“The combination of Inspirage’s decades-long relationship with Oracle and knowledge of the critical supply chain challenges that face product-based companies establishes a unique and powerful player in the market,” said Anthony Basmajian, a managing director at Harris Williams.

Inspirage delivers end-to-end transformational initiatives solving the most critical supply chain challenges for product-based companies. The company provides deep industry expertise and unparalleled knowledge of Oracle’s cloud-based applications to deliver consulting, IP, and implementation solutions spanning product lifecycle management, supply chain management, logistics, ERP (enterprise resource planning), finance, enterprise performance management, and digital transformation. Inspirage partners with their customers to break down information silos and optimize performance to accelerate innovation, fuel growth, and achieve operational excellence.

RLH partners with passionate entrepreneurs in uniquely-positioned, high-growth, knowledge-based enterprises driven by macro changes in technology, healthcare and regulatory environments. RLH’s portfolio companies concentrate on offering specialized consulting, engineering, systems integration and professional services with $30 million to $150 million of annual revenue at the time of investment. The RLH investment team delivers strategic and operational guidance to its portfolio companies in navigating the opportunities and challenges of scale and rapid growth. RLH’s insights and processes to support entrepreneurs in building market leading enterprises have been honed over RLH's more than 40-year history of successful investing.

Harris Williams, an investment bank specializing in M&A advisory services, advocates for sellers and buyers of companies worldwide through critical milestones and provides thoughtful advice during the lives of their businesses. By collaborating as one firm across Industry Groups and geographies, the firm helps its clients achieve outcomes that support their objectives and strategically create value. Harris Williams is committed to execution excellence and to building enduring, valued relationships that are based on mutual trust. Harris Williams is a subsidiary of the PNC Financial Services Group, Inc. (NYSE: PNC).

The Harris Williams Technology Group advises leading private and public companies, founders, and private equity, growth equity and venture capital firms on mergers and acquisitions and capital-raising transactions worldwide. The Technology Group has deep domain expertise in software and technology-enabled services and dedicated focus areas across a variety of vertical software applications and end markets. For more information on the Technology Group and its recent transactions, visit the Technology Group’s section of the Harris Williams website.

The Harris Williams Business Services Group has experience advising companies that provide a range of commercial, industrial and professional services. For more information on the firm’s Business Services Group and other recent transactions, visit the Business Services Group’s section of the Harris Williams website.

Harris Williams LLC is a registered broker-dealer and member of FINRA and SIPC. Harris Williams & Co. Ltd is a private limited company incorporated under English law with its registered office at 8th Floor, 20 Farringdon Street, London EC4A 4AB, UK, registered with the Registrar of Companies for England and Wales (registration number 07078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. Corporate Finance Advisors GmbH is registered in the commercial register of the local court of Frankfurt am Main, Germany, under HRB 107540. The registered address is Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany (email address: hwgermany@harriswilliams.com). Geschäftsführer/Directors: Jeffery H. Perkins, Paul Poggi. (VAT No. DE321666994). Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

For media inquiries, please contact Julia Moore at media@harriswilliams.com.

Source: Harris Williams LLC

FAQ

What is the sale of Inspirage to Accenture about?

Harris Williams is advising Inspirage on its sale to Accenture, focusing on enhancing supply chain transformation capabilities.

What does Inspirage specialize in?

Inspirage specializes in Oracle Cloud supply chain transformation and consulting services.

Who is advising Inspirage in its sale to Accenture?

Harris Williams is advising Inspirage on its pending sale to Accenture.

What is Accenture's stock symbol?

Accenture's stock symbol is ACN.

How does this sale impact Accenture's business?

The acquisition of Inspirage is expected to strengthen Accenture's supply chain consulting services.

PNC Financial Services Group

NYSE:PNC

PNC Rankings

PNC Latest News

PNC Stock Data

82.07B
395.16M
0.37%
85.49%
1.21%
Banks - Regional
National Commercial Banks
Link
United States of America
PITTSBURGH