M&A Deal Summary

Accenture Acquires Appspro

On May 3, 2021, Accenture acquired information technology company Appspro

Acquisition Highlights
  • This is Accenture’s 92nd transaction in the Information Technology sector.
  • This is Accenture’s 1st transaction in Saudi Arabia.

M&A Deal Summary
Date 2021-05-03
Target Appspro
Sector Information Technology
Buyer(s) Accenture
Deal Type Add-on Acquisition

Target

Appspro

Riyadh, Saudi Arabia
website
AppsPro is a Platinum Oracle Partner with extensive experience in both the public and private sectors in Saudi Arabia. AppsPro professional team has extensive experience integrating solutions with leading business applications including ERP (Enterprise Resource Planning), SCM (Supply Chain Management), CRM (Customer Relationship Management), EPM (Enterprise Performance Management), and BI (Business Intelligence) solutions. Appspro is based in Riyadh, Saudi Arabia.

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Buyer(S) 1

Buyer

Accenture

Dublin, Ireland

website

Category Company
Founded 1951
Sector Business Services
Employees624,000
Revenue 61.6B USD (2022)
DESCRIPTION

Accenture is a global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining experience and specialized skills across more than 40 industries and all business functions, Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. Accenture was founded in 1951 and is based in Dublin, Ireland.

DEAL STATS #
Overall 215 of 315
Sector (Information Technology) 92 of 141
Type (Add-on Acquisition) 189 of 280
Country (Saudi Arabia) 1 of 1
Year (2021) 21 of 59
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-03 Electro80

Belmont, Australia

Electro80 is a provider of automation, electrical, instrumentation, safety, networking, and industrial IT services, as well as turnkey solutions encompassing the design and support of equipment, installation, and commissioning, through to operations support and client training. Electro80 was founded in 1987 and headquartered in Belmont, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-04 ThinkTank

Denver, Colorado, United States

ThinkTank is an intelligent stakeholder engagement platform used by consulting & software leaders to guide teams, live or asynchronously, through a structured process in order to gain alignment, drive fast and efficient decision-making, and arrive at higher quality outcomes. ThinkTank was founded in 2008 and is based in Denver, Colorado.

Buy -
Mergr

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