Accenture (NYSE: ACN) has agreed to acquire Partners in
Performance, a global strategy consulting firm that works on
business performance improvement in asset-intensive industries
leveraging data and AI capabilities. Partners in Performance will
strengthen Accenture’s offering to clients in industries such as
metals and mining, oil and gas, utilities, and chemicals among
others, by bolstering cost and productivity reinvention, delivery
of capital projects, as well as accelerating energy transition and
decarbonization efforts.
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Accenture has agreed to acquire Partners
in Performance, a global strategy consulting firm that works on
business performance improvement in asset-intensive industries
leveraging data and AI capabilities. (Graphic: Business Wire)
Partners in Performance has proven expertise in delivering
sustainable value for clients in asset-intensive industries;
helping C-suite leaders generate long-term growth for their
companies by delivering lasting impact and greater resilience using
its proprietary data, benchmarks and advanced analytics tools.
“Delivering profitable growth with the backdrop of significantly
higher levels of disruption caused by technology and macroeconomic
factors requires leaders in the C-suite and beyond to have partners
that help navigate this prevailing complexity and expanding
uncertainty,” said Muqsit Ashraf, chief executive for Accenture
Strategy. “The acquisition of Partners in Performance within
Accenture Strategy will elevate our strategic advisory and
execution capabilities, powered by data and AI, that help clients
boost business and sustainability performance in existing
operations and new capital programs.”
Partners in Performance’s approximately 400 employees will join
Accenture Strategy. Partners in Performance was founded in
Melbourne in 1996, with its management and consulting professionals
now operating across five continents. The firm has been recognized
as one of Australia’s Most Innovative Companies and for its role
helping clients achieve their sustainability targets.
“Asset-intensive clients need to pursue strategies for
decarbonization without compromising on business growth
objectives,” said Stephanie Jamison, global resources industry
practice lead and global sustainability services lead at Accenture.
“Partners in Performance’s expertise will be invaluable as we
collaborate with clients to help them leverage digital capabilities
and new ways of working to improve operational performance in areas
such as supply chain, decarbonization and capital projects.”
Skipp Williamson, founder and managing director at Partners in
Performance added: “Our focus has been on helping organizations
have big lasting impact. We are excited to combine our joint
strengths with Accenture for our clients across the world and to
bring them even better lasting impact.”
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
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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 Insight Sourcing 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
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to ongoing changes in technology and offerings, and a significant
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their skills with client demand around the world and attract and
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the company’s results of operations may be materially adversely
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if the company is unable to remain competitive, if its
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Accenture’s results of operations could be materially adversely
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Accenture makes in connection with the preparation of its
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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 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 approximately 742,000 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
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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.
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Alexander Aizenberg Accenture +1 917 452 9878
alexander.aizenberg@accenture.com
Kate Maher Accenture +61 405 778 205
kathryn.a.maher@accenture.com
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