M&A Deal Summary

Accenture Acquires Advantium

On July 11, 2006, Accenture acquired software company Advantium

Acquisition Highlights
  • This is Accenture’s 3rd transaction in the Software sector.
  • This is Accenture’s 4th transaction in the United States.
  • This is Accenture’s 1st transaction in Ohio.

M&A Deal Summary

Date 2006-07-11
Target Advantium
Sector Software
Buyer(s) Accenture
Deal Type Add-on Acquisition
Advisor(s) 7 Mile Advisors
DecisionPoint Advisors (Financial)

Target

Advantium

Hudson, Ohio, United States
Advantium, Inc., provides post audit technology services and solutions in the United States.

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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 7 of 331
Sector (Software) 3 of 36
Type (Add-on Acquisition) 6 of 294
State (Ohio) 1 of 3
Country (United States) 4 of 121
Year (2006) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-22 Random Walk Computing

New York, New York, United States

Random Walk Computing, Inc. is a technology consulting firm specializing in trading system applications, risk management systems and other technologies for banks, asset managers, exchanges and other financial services institutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-17 NaviSys

Edison, New Jersey, United States

NaviSys is a company that specializes in software solutions for the North American life insurance industry. NaviSys works with more than 50 leading insurance companies and insurance distributors worldwide, including 17 of the top 20 U.S. life insurers.

Buy -