M&A Deal Summary

Accenture Acquires Arηs

On March 18, 2024, Accenture acquired information technology company Arηs from MML

Acquisition Highlights
  • This is Accenture’s 138th transaction in the Information Technology sector.
  • This is Accenture’s 1st transaction in Luxembourg.

M&A Deal Summary
Date 2024-03-18
Target Arηs
Sector Information Technology
Buyer(s) Accenture
Sellers(s) MML
Deal Type Add-on Acquisition

Target

Arηs

Belvaux, Luxembourg
Arηs Group specializes in the management of complex public sector IT projects, including systems integration, informatics and analytics, solution implementation, and program management. It helps lead clients through digital and information systems design, bringing expertise in a variety of areas ranging from software development, data science, and security management to machine learning, cloud, and mobile development. Arηs Group was formed in 2003 and is based in Belvaux, Luxembourg.

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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 309 of 330
Sector (Information Technology) 138 of 148
Type (Add-on Acquisition) 275 of 293
Country (Luxembourg) 1 of 1
Year (2024) 8 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-05 Udacity

Mountain View, California, United States

Udacity is a digital education pioneer with deep expertise in the development and delivery of proprietary technology courses that blend the flexibility of online learning with the benefits of human instruction. Udacity was founded in 2011 and is based in Mountain View, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-19 Flo Group

Rotterdam, Netherlands

Flo Group is a consultancy and Oracle business partner specializing in global supply chain logistics. Flo Group was formed in 2007 and is based in Rotterdam, Netherlands.

Buy -

Seller(S) 1

SELLER

MML

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1988
PE ASSETS 2.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

MML Capital Partners is an investment firm that targets subordinated debt and traditional private equity investments across the US and Europe. MML Capital looks for transactions requiring €5 million and €200 million of capital to support expansion financing, management buyouts, recapitalizations, leveraged buyouts, and take privates. MML Capital invested more than €2 billion across 11 countries. MML Capital was formed in 1988 and has offices in London, Paris, and Stamford, Connecticut.

DEAL STATS #
Overall 36 of 36
Sector (Information Technology) 3 of 3
Type (Add-on Acquisition) 10 of 10
Country (Luxembourg) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-15 Premier Modular

Brandesburton, United Kingdom

Premier Modular is a provider of leasing and permanent modular solutions in the UK and Europe. Premier Modular primarily serves medium to long term needs for essential infrastructure, including education, healthcare, and public infrastructure, as well as various commercial applications. Premier Modular was founded in 1956 and is based in Brandesburton, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-28 Waste Vision

Hengelo, Netherlands

Waste Vision engages in production, maintenance and technology of smart waste systems. Waste Vision has equipped some 18,000 containers with software and electronic technologies. Waste Vision is based in Hengelo, Netherlands.

Buy -
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