Accenture (NYSE: ACN) has acquired Solvera Solutions, a
Regina-based company delivering platform-led digital transformation
services across Western Canada. Financial terms of the transaction
were not disclosed.
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Accenture has acquired Solvera Solutions,
a Regina-based company delivering platform-led digital
transformation services across Western Canada. (Graphic: Business
Wire)
Founded in 2005, Solvera Solutions has a team of more than 450
professionals with deep consulting and managed service capabilities
across ServiceNow, Microsoft and SAP platforms. Solvera Solutions
serves clients in the public sector, health, financial services,
utilities and energy, and agriculture industries, and will be a
catalyst for Accenture’s continued growth in British Columbia,
Alberta, Saskatchewan, and Manitoba.
“Adding Solvera Solutions’ digital transformation capabilities
across ServiceNow, Microsoft and SAP, along with their local market
and industry expertise, means we are even better positioned to
support our clients across Western Canada,” said Jeffrey Russell,
president of Accenture in Canada. “Clients across industries will
benefit as we help them take advantage of the cloud and enhanced
service delivery capabilities to transform their service and
customer operations, ultimately driving greater business value from
their investments in leading platform technologies.”
Solvera Solutions brings extensive experience on the ServiceNow
platform; expands Accenture’s current offerings on the Microsoft
Modern Workplace and Microsoft Power Platform; and enhances
capabilities and resources in SAP S/4HANA.
Robert Vokes, managing director and financial services lead for
Accenture in Canada, added, “Solvera Solutions is a deeply
respected and high performing digital transformation specialist
with a talented team that is committed to the communities it
serves, making it a great addition to Accenture. Solvera Solutions
expands our presence across the West, driving value and growth for
our platform offerings in this key geographic region.”
Reg Robinson, CEO and co-founder at Solvera Solutions, said,
“The rate of digital adoption has accelerated in recent years and
we’re committed to staying at the forefront of service delivery.
Joining Accenture allows us to offer clients an even greater suite
of resources and expertise through Accenture’s network of
professionals across Canada and globally, while providing our
people with a wealth of new career growth opportunities.”
Solvera Solutions is Accenture Canada's sixth acquisition since
2020, joining the recent additions of XtremeEDA, Gevity,
Cloudworks, Avenai and Callisto Integration.
About Accenture
Accenture is a global professional services company with leading
capabilities in digital, cloud and security. Combining unmatched
experience and specialized skills across more than 40 industries,
we offer Strategy and Consulting, Technology and Operations
services and Accenture Song — all powered by the world’s largest
network of Advanced Technology and Intelligent Operations centers.
Our 710,000 people deliver on the promise of technology and human
ingenuity every day, serving clients in more than 120 countries. We
embrace the power of change to create value and shared success for
our clients, people, shareholders, partners and communities. Visit
us at accenture.com.
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,” “expects,” “intends,”
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forward-looking statements. These statements involve a number of
risks, uncertainties and other factors that could cause actual
results to differ materially from those expressed or implied. These
risks include, without limitation, risks that: the transaction
might not achieve the anticipated benefits for Accenture;
Accenture’s results of operations have been, and may in the future
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well as audits, investigations and tax proceedings, or changes in
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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; Accenture might be unable to access additional
capital on favorable terms or at all and if the company raises
equity capital, it may dilute its shareholders’ ownership interest
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operations and its growth strategy to continue to expand in its key
markets around the world, the company is more susceptible to
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challenges associated with its size, the company might be unable to
achieve its business objectives; Accenture might not be successful
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be materially adversely affected if the company incurs legal
liability; Accenture’s global operations expose the company to
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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’s results of operations and share price could be
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controls; 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20220725005657/en/
Stephanie Malcolm Accenture Canada +1 416-641-3214
stephanie.malcolm@accenture.com
Hannah Unkefer Accenture 206-839-2172
hannah.m.unkefer@accenture.com
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