M&A Deal Summary

Accenture Acquires Touchcast

On February 3, 2021, Accenture acquired information technology company Touchcast

Acquisition Highlights
  • This is Accenture’s 84th transaction in the Information Technology sector.
  • This is Accenture’s 86th transaction in the United States.
  • This is Accenture’s 13th transaction in New York.
Investment Fate
  • Touchcast was divested to a consortium of strategic buyers in 2025 for 500M USD.

M&A Deal Summary

Date 2021-02-03
Target Touchcast
Sector Information Technology
Buyer(s) Accenture
Deal Type Add-on Acquisition

Target

Touchcast

New York, New York, United States
Touchcast is a virtual experience company offers an integrated solution that gives anyone the ability to communicate and collaborate effectively and move their colleagues, partners and customers to take action. Touchcast is based in New York City.

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Buyer(S) 1

Buyer

Accenture

Dublin, Ireland

Category Company
Founded 1951
Sector Business Services
Employees791,000
Revenue 64.9B USD (2024)
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 200 of 357
Sector: Information Technology M&A 84 of 159
Type: Add-on Acquisition M&A Deals 174 of 312
State: New York M&A 13 of 17
Country: United States M&A 86 of 134
Year: 2021 M&A 6 of 59
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-02 Businet System

Tokyo, Japan

Businet System is a developer and operator of Salesforce Commerce Cloud-based ecommerce sites. Businet System was founded in 1999 and is based in Tokyo, Japan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-15 Edenhouse

Birmingham, United Kingdom

Edenhouse specializes in the sale, implementation, support, and hosting of SAP products and services to mid-sized businesses. Edenhouse was founded in 2008 and is based in Birmingham, United Kingdom.

Buy -