Acquisition would increase Accenture’s capabilities to assist purchasers accelerate and scale their transformation jobs across the economical companies sector

PARIS, Jun 18, 2021–(Small business WIRE)–Accenture (NYSE: ACN) has entered into an arrangement to receive Exton Consulting, a French consulting company providing tactic and company management help to fiscal providers purchasers throughout Europe. Economical terms of the transaction are not getting disclosed.

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Accenture to get Exton Consulting (Photo: Small business Wire)

Launched in 2006 and headquartered in Paris, France, Exton Consulting assists govt boards at key financial institutions and insurance coverage corporations productively deal with advancement and transformation assignments in different markets throughout Europe. The staff of approximately 150 really proficient pros would be part of Accenture’s Money Providers sector group and fortify its potential to offer you innovative close-to-close methods to a broader range of money expert services providers, covering all elements of their transformation tasks together with method, design, technology, and operations.

Olivier Girard, current market unit direct for Accenture France & Benelux, stated: “Our intent to acquire Exton Consulting is section of our overall progress approach to expand essential techniques and abilities in strategic, significant-advancement parts of the market place. It underscores our commitment to the money solutions industry, which is experiencing unprecedented transformation driven by economic and geopolitical uncertainties, regulatory problems, electronic transformation, urgency to reinvent the shopper knowledge, and the require to rethink running versions. This acquisition would cement Accenture’s standing as a main Strategy & Consulting company for Monetary Services clientele in France and over and above, using our innovative finish-to-close answers to new concentrations of speed and scale.”

Cedric Vatier, System & Consulting Lead for Accenture France & Benelux, explained: “The key difficulties that our money companies purchasers face these days are worldwide, and clientele have to have holistic solutions to tackle them and to transform them into new options. The acquisition of Exton Consulting would greatly enhance our means to leverage the mixture of our gifted team of folks with the most current technologies—such as synthetic intelligence, info, and cloud—to enable clients embrace modify, speed up transformation, unlock worth, and make new sustainable types that advantage all.”

“For 15 decades, Exton Consulting’s workforce has been supporting the Monetary Companies sector businesses in their transformation, from tactic to implementation. Today, pushed by the digitalization of the financial state distinctive spheres of organization advisory are now coming together. We are excited about the opportunity to join Accenture, which would allow us to speed up our approach. The mix of innovation, technology and info competencies with our knowledge would support us provide really differentiated, conclusion-to-conclusion solutions to an even-broader customer foundation, both current and future,” reported Philippe Derambure, co-founder of Exton Consulting.

The acquisition demands prior consultation with the suitable functions councils and is matter to customary closing conditions.

About Accenture
Accenture is a world wide specialist companies corporation with main abilities in electronic, cloud and protection. Combining unmatched knowledge and specialised expertise throughout extra than 40 industries, we supply Approach and Consulting, Interactive, Technologies and Functions products and services — all powered by the world’s premier community of Innovative Technology and Intelligent Operations centers. Our 537,000 individuals produce on the assure of technologies and human ingenuity each and every working day, serving clients in a lot more than 120 international locations. We embrace the power of adjust to develop price and shared achievements for our clientele, men and women, shareholders, associates and communities. Go to us at www.accenture.com.

Forward-Seeking Statements
Other than for the historic facts and discussions contained herein, statements in this news release may constitute ahead-looking statements in just the this means of the Private Securities Litigation Reform Act of 1995. Text such as “may,” “will,” “need to,” “possible,” “anticipates,” “expects,” “intends,” “options,” “tasks,” “believes,” “estimates,” “positioned,” “outlook” and related expressions are utilised to discover these forward-wanting statements. These statements include a amount of pitfalls, uncertainties and other aspects that could lead to genuine success to differ materially from those people expressed or implied. Many of the pursuing dangers, uncertainties and other elements determined down below are, and will be, amplified by the COVID-19 pandemic. These risks include, devoid of limitation, hazards that: Accenture and Exton Consulting will not be equipped to near the transaction in the time interval anticipated, or at all, which is dependent on the parties’ means to satisfy sure closing ailments the transaction may possibly not reach the anticipated advantages for Accenture Accenture’s benefits of functions have been significantly adversely impacted and could in the upcoming be materially adversely impacted by the COVID-19 pandemic Accenture’s final results of functions have been, and may well in the foreseeable future be, adversely affected by volatile, detrimental or uncertain economic and political ailments and the outcomes of these ailments on the company’s clients’ firms and concentrations of organization activity Accenture’s business enterprise is dependent on generating and preserving ongoing, successful customer demand for the company’s services and remedies together with via the adaptation and expansion of its solutions and alternatives in response to ongoing alterations in technologies and choices, and a sizeable reduction in these types of demand from customers or an incapacity to reply to the evolving technological atmosphere could materially have an effect on the company’s effects of operations if Accenture is not able to continue to keep its provide of techniques and sources in balance with client need all-around the entire world and bring in and keep specialists with robust leadership capabilities, the company’s organization, the utilization level of the company’s industry experts and the company’s success of functions may perhaps be materially adversely impacted Accenture could experience legal, reputational and financial pitfalls if the corporation fails to protect customer and/or company information from stability incidents or cyberattacks the markets in which Accenture operates are very competitive, and Accenture may well not be in a position to compete successfully Accenture’s profitability could materially experience if the company is unable to receive favorable pricing for its solutions and remedies, if the organization is not able to remain aggressive, if its value-management methods are unsuccessful or if it activities shipping inefficiencies or fail to fulfill sure agreed-upon targets or particular services ranges adjustments in Accenture’s amount of taxes, as properly as audits, investigations and tax proceedings, or adjustments in tax legislation or in their interpretation or enforcement, could have a materials adverse influence on the company’s efficient tax amount, results of operations, cash flows and financial problem Accenture’s capacity to attract and keep business and staff may depend on its reputation in the market as a outcome of Accenture’s geographically diverse operations and its growth system to proceed to broaden in its critical marketplaces around the world, the enterprise is far more susceptible to sure hazards Accenture’s company could be materially adversely influenced if the firm incurs legal liability Accenture’s function with government consumers exposes the firm to extra risks inherent in the govt contracting setting Accenture’s effects of functions could be materially adversely influenced by fluctuations in international forex exchange premiums if Accenture is unable to manage the organizational difficulties associated with its dimension, the business might be not able to realize its small business objectives if Accenture does not successfully handle and create its relationships with critical alliance partners or fails to foresee and establish new alliances in new technologies, the company’s effects of operations could be adversely afflicted Accenture may possibly not be thriving at obtaining, investing in or integrating enterprises, getting into into joint ventures or divesting corporations if Accenture is not able to guard or implement its mental assets rights or if Accenture’s services or answers infringe on the intellectual home legal rights of some others or the company loses its capability to make the most of the intellectual home of many others, its enterprise could be adversely influenced Accenture’s final results of functions and share selling price could be adversely impacted if it is not able to retain powerful inside controls modifications to accounting expectations or in the estimates and assumptions Accenture would make in relationship with the preparing of its consolidated monetary statements could adversely influence its monetary outcomes Accenture may well be not able to obtain supplemental cash on favorable terms or at all and if the corporation raises equity capital, it may dilute its shareholders’ possession interest in the firm Accenture may perhaps be subject to criticism and negative publicity relevant to its incorporation in Ireland as very well as the threats, uncertainties and other elements talked over less than the “Chance Things” heading in Accenture plc’s most new Yearly Report on Variety 10-K and other files filed with or furnished to the Securities and Trade Fee. Statements in this news release talk only as of the date they were created, and Accenture undertakes no obligation to update any forward-seeking statements manufactured in this news release or to conform these statements to true effects or changes in Accenture’s anticipations.

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Contacts

Velislava Le Fevre
Accenture France
+33 1 53 23 46 18
[email protected]

Bonnie OLIVIER
Accenture France
+33 1 53 23 54 61
[email protected]