M&A Deal Summary

Accenture Acquires Altus

On March 4, 2025, Accenture acquired information technology company Altus from Cloverhound

Acquisition Highlights
  • This is Accenture’s 152nd transaction in the Information Technology sector.
  • This is Accenture’s 1st transaction in Costa Rica.

M&A Deal Summary

Date 2025-03-04
Target Altus
Sector Information Technology
Buyer(s) Accenture
Sellers(s) Cloverhound
Deal Type Divestiture

Target

Altus

San Pedro, Costa Rica
Altus is a networking software agency that provides professional services to help medium and enterprise customers streamline their Cisco IT operations, by integrating their Cisco technologies with other third-party services. It helps IT business units evolve by automating and simplifying IT processes, which allows them to focus their resources on developing strategic projects that provide business value. Altus was formed in 2007 and is based in San Pedro, Costa Rica.

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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 339 of 358
Sector: Information Technology M&A 152 of 160
Type: Divestiture M&A Deals 29 of 29
Country: Costa Rica M&A 1 of 1
Year: 2025 M&A 5 of 24
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-04 Halfspace

Copenhagen, Denmark

Halfspace is an AI company that develops AI and generative AI solutions and products that drive value creation by streamlining complex business workflows and uses advanced analytics and data science to transform data into actionable insights. Halfspace was formed in 2015 and is based in Copenhagen, Denmark.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-11 Soben

Glasgow, United Kingdom

Soben is a provider of construction consultancy services that work for leading global hyperscalers and co-location providers on major data center construction. Its services include project management consultancy, scheduling, project controls, cost and commercial management, consultancy and advisory, and carbon cost management. Soben was founded in 2011 and is headquartered in Glasgow, Scotland.

Buy -

Seller(S) 1

SELLER

Cloverhound

Charlotte, North Carolina, United States

Category Company
Founded 2013
Sector Information Technology
DESCRIPTION

Cloverhound is an engineering company with deep roots in software development and collaboration technologies. The company's high energy team excels at the forefront of exploring and designing modern solutions that industries and businesses use every, single day - solutions that make processes more efficient and peoples’ lives easier. It specializes in Unified Communications and Video, Data Center design, configuration and deployment, Call Center capabilities as well as custom API development and integration. Cloverhound was formed in 2013 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Costa Rica M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-10 Altus

San Pedro, Costa Rica

Altus is a networking software agency that provides professional services to help medium and enterprise customers streamline their Cisco IT operations, by integrating their Cisco technologies with other third-party services. It helps IT business units evolve by automating and simplifying IT processes, which allows them to focus their resources on developing strategic projects that provide business value. Altus was formed in 2007 and is based in San Pedro, Costa Rica.

Buy -