M&A Deal Summary

Accenture Acquires True North Solutions

On July 9, 2024, Accenture acquired information technology company True North Solutions

Acquisition Highlights
  • This is Accenture’s 145th transaction in the Information Technology sector.
  • This is Accenture’s 13th transaction in Canada.
  • This is Accenture’s 2nd transaction in Alberta.

M&A Deal Summary
Date 2024-07-09
Target True North Solutions
Sector Information Technology
Buyer(s) Accenture
Deal Type Add-on Acquisition

Target

True North Solutions

Calgary, Alberta, Canada
True North Solutions provides industrial engineering solutions to help clients produce and transport energy more safely and efficiently. True North Solutions is headquartered in Calgary, Alberta.

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Buyer(S) 1

Buyer

Accenture

Dublin, Ireland
Category Company
Founded 1951
Sector Business Services
Employees750,000
Revenue 64.1B USD (2023)
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 324 of 329
Sector (Information Technology) 145 of 148
Type (Add-on Acquisition) 287 of 292
State (Alberta) 2 of 2
Country (Canada) 13 of 13
Year (2024) 23 of 28
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-08 Excelmax

Bengaluru, India

Excelmax is a semiconductor designer that provides custom silicon solutions used in consumer devices, data centers, artificial intelligence (AI), and computational platforms that enable edge AI deployments, to clients in the automotive, telecommunications, and high-tech industries. Excelmax is based in Bengaluru, India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-10 Cientra

Bengaluru, India

Cientra is a silicon design and engineering services company, offering custom silicon solutions for global clients. The company provides consulting expertise in embedded IoT and application-specific integrated circuit design and verification capabilities. Cientra was formed in 2015 and is based in Bengaluru, India.

Buy -
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