M&A Deal Summary

Accenture Acquires GemSeek

On February 20, 2024, Accenture acquired information technology company GemSeek from Future Thinking

Acquisition Highlights
  • This is Accenture’s 136th transaction in the Information Technology sector.
  • This is Accenture’s 1st transaction in Bulgaria.

M&A Deal Summary
Date 2024-02-20
Target GemSeek
Sector Information Technology
Buyer(s) Accenture
Sellers(s) Future Thinking
Deal Type Divestiture

Target

GemSeek

Sofia, Bulgaria
website
GemSeek is a customer experience analytics provider that offers expertise in advanced analytics and customer experience program management, along with proprietary technologies. The company helps clients across several industries including telecommunications, healthcare, consumer goods, and financial services realize the full potential of their customer experience programs, cultivate enduring customer relationships, and improve revenues and operational efficiencies. GemSeek was formed in 2011 and is based in Sofia, Bulgaria.

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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 305 of 317
Sector (Information Technology) 136 of 142
Type (Divestiture) 27 of 28
Country (Bulgaria) 1 of 1
Year (2024) 4 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-13 Insight Sourcing

Atlanta, Georgia, United States

Insight Sourcing is a boutique consulting firm focused exclusively on strategic sourcing and procurement-related services. Insight Sourcing was founded in 2002 and is based in Atlanta, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-28 Mindcurv

Essen, Germany

Mindcurv helps companies develop and implement scalable digital platforms and cloud infrastructures. The company provides a full-service journey from the inception of a business idea to the technical setup, management, and long-term growth. Mindcurv was founded in 2011 and is based in Essen, Germany.

Buy -

Seller(S) 1

SELLER

Future Thinking

London, United Kingdom

website

Category Company
Founded 1982
Sector Information Technology
DESCRIPTION

Future Thinking Ltd. is a global data-driven intelligence company of researchers, marketers, statisticians, strategists, innovators, creatives and industry experts. Future Thinking Ltd. takes a consultative approach to market research, placing a commercial focus at the heart of everything we do.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
Country (Bulgaria) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-27 GemSeek

Sofia, Bulgaria

GemSeek is a customer experience analytics provider that offers expertise in advanced analytics and customer experience program management, along with proprietary technologies. The company helps clients across several industries including telecommunications, healthcare, consumer goods, and financial services realize the full potential of their customer experience programs, cultivate enduring customer relationships, and improve revenues and operational efficiencies. GemSeek was formed in 2011 and is based in Sofia, Bulgaria.

Buy -
Mergr

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