Accenture announces its intention to acquire strategy and business management consulting firm Exton Consulting
PARIS–(COMMERCIAL THREAD) – Accenture (NYSE: ACN) has entered into an agreement to acquire Exton Consulting, a French consulting firm providing strategic and business assistance to financial services clients across Europe. Financial terms of the transaction are not disclosed.
Founded in 2006 and based in Paris, France, Exton Consulting helps the boards of directors of major banks and insurance companies successfully manage growth and transformation projects in various markets across Europe. The team of approximately 150 highly skilled professionals would join Accenture’s financial services industry group and strengthen its ability to deliver innovative end-to-end solutions to a wider range of financial services companies, spanning all aspects of their transformation plans, including strategy, design, technology, and operations.
Olivier Girard, Head of Market Unit for Accenture France & Benelux, said: “Our intention to acquire Exton Consulting is part of our overall growth strategy aimed at expanding critical skills and capabilities in strategic areas with strong market growth. It underscores our commitment to the financial services industry, which is facing an unprecedented transformation driven by economic and geopolitical uncertainties, regulatory challenges, digital transformation, the urgency to reinvent the customer experience and the need to rethink operational models. This acquisition would solidify Accenture’s position as a leading strategy and advisory company for financial services clients in France and beyond, taking our innovative end-to-end solutions to new levels of speed and scale.
Cédric Vatier, Head of Strategy and Consulting for Accenture France and Benelux, said: “The main challenges our financial services clients face today are global and clients need holistic solutions to meet and transform them. into new opportunities. Acquiring Exton Consulting would strengthen our ability to leverage the combination of our talent pool with the latest technologies, such as artificial intelligence, data and the cloud, to help clients embrace change, accelerate transformation, unleash value and create new models that benefit everyone.
“For 15 years, the Exton Consulting team has supported companies in the Financial Services sector in their transformation, from strategy to implementation. Today, driven by the digitalization of the economy, different spheres of business consulting are coming together. We are delighted with the opportunity to join Accenture, which would allow us to accelerate our strategy. Combining our innovation, technology and data skills with our expertise would help us deliver highly differentiated end-to-end services to an even larger customer base, both existing and future, ”said Philippe Derambure , co-founder of Exton Consulting.
The acquisition requires prior consultation of the works councils concerned and is subject to the usual closing conditions.
Accenture is a global professional services company with industry-leading capabilities in digital, cloud and security. Combining unparalleled experience and specialized skills in more than 40 industries, we offer strategy and advisory, interactive, technological and operational services, all powered by the world’s largest network of advanced technology and intelligent operations centers. Our 537,000 employees deliver on the promise of technology and human ingenuity every day, serving customers in more than 120 countries. We embrace the power of change to create value and shared success for our customers, employees, shareholders, partners and communities. Visit us at www.accenture.com.
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