PARIS–(Small business WIRE)–Accenture (NYSE: ACN) has entered into an arrangement to get Exton Consulting, a French consulting firm offering method and business enterprise management help to economical solutions shoppers throughout Europe. Monetary phrases of the transaction are not getting disclosed.
Started in 2006 and headquartered in Paris, France, Exton Consulting allows executive boards at big banking companies and coverage companies efficiently handle progress and transformation initiatives in several marketplaces throughout Europe. The team of roughly 150 really skilled specialists would be part of Accenture’s Economical Providers business group and strengthen its skill to present innovative finish-to-finish methods to a broader vary of economic services providers, covering all elements of their transformation tasks which include system, style and design, technological know-how, and operations.
Olivier Girard, marketplace device lead for Accenture France & Benelux, reported: “Our intent to receive Exton Consulting is part of our in general growth approach to develop significant capabilities and capabilities in strategic, substantial-growth regions of the current market. It underscores our determination to the fiscal expert services industry, which is experiencing unprecedented transformation driven by economic and geopolitical uncertainties, regulatory troubles, digital transformation, urgency to reinvent the consumer expertise, and the want to rethink running designs. This acquisition would cement Accenture’s standing as a primary Approach & Consulting organization for Economical Solutions clients in France and over and above, using our ground breaking stop-to-stop options to new ranges of speed and scale.”
Cedric Vatier, System & Consulting Direct for Accenture France & Benelux, claimed: “The big problems that our fiscal services customers face right now are worldwide, and customers need holistic solutions to handle them and to turn them into new prospects. The acquisition of Exton Consulting would enhance our capacity to leverage the blend of our gifted team of folks with the latest technologies—such as synthetic intelligence, data, and cloud—to enable shoppers embrace improve, speed up transformation, unlock benefit, and establish new sustainable models that gain all.”
“For 15 years, Exton Consulting’s team has been supporting the Economic Companies sector corporations in their transformation, from system to implementation. Nowadays, pushed by the digitalization of the economic climate distinctive spheres of enterprise advisory are now coming together. We are excited about the possibility to be part of Accenture, which would enable us to accelerate our tactic. The combination of innovation, engineering and info competencies with our expertise would enable us provide really differentiated, conclude-to-conclude solutions to an even-broader client foundation, both equally current and foreseeable future,” explained Philippe Derambure, co-founder of Exton Consulting.
The acquisition needs prior consultation with the suitable performs councils and is subject matter to customary closing ailments.
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Forward-On the lookout Statements
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These pitfalls contain, with out limitation, challenges that: Accenture and Exton Consulting will not be in a position to close the transaction in the time interval anticipated, or at all, which is dependent on the parties’ capacity to fulfill selected closing problems the transaction could not accomplish the expected advantages for Accenture Accenture’s results of operations have been significantly adversely afflicted and could in the long run be materially adversely impacted by the COVID-19 pandemic Accenture’s effects of functions have been, and may perhaps in the long run be, adversely impacted by volatile, destructive or uncertain economic and political ailments and the consequences of these ailments on the company’s clients’ corporations and amounts of business enterprise exercise Accenture’s business relies upon on building and keeping ongoing, worthwhile shopper desire for the company’s expert services and answers like via the adaptation and growth of its solutions and answers 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