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  6. Accenture Acquires Comtech Group

M&A Deal Summary

Accenture Acquires Comtech Group

On October 26, 2023, Accenture acquired business services company Comtech Group

Acquisition Highlights
  • This is Accenture’s 68th transaction in the Business Services sector.
  • This is Accenture’s 11th transaction in Canada.
  • This is Accenture’s 8th transaction in Ontario.

M&A Deal Summary
Date 2023-10-26
Target Comtech Group
Sector Business Services
Buyer(s) Accenture
Deal Type Add-on Acquisition

Target

Comtech Group

Richmond Hill, Ontario, Canada
Comtech Group is a consulting and program management company for infrastructure projects in Canada and the United States. Comtech Group was founded in 1994 and is based in Richmond Hill, Ontario.

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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 290 of 358
Sector: Business Services M&A 68 of 84
Type: Add-on Acquisition M&A Deals 258 of 313
State: Ontario M&A 8 of 9
Country: Canada M&A 11 of 14
Year: 2023 M&A 15 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-25 ConcentricLife

New York, New York, United States

ConcentricLife is a healthcare marketing agency with expertise in helping Life Sciences brands build an optimal brand experience at any stage of the health journey. ConcentricLife was founded in 2002 and is based in New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-31 6point6

London, United Kingdom

6point6 is a technology consultancy, specializing in cloud, data, and cybersecurity that provides large scale projects for U.K. central government to transform digital capabilities and modernize legacy systems. Its work includes cloud migration in Europe, with the shift of an entire U.K. government department to a single cloud-based digital infrastructure, delivering significant time efficiency savings to a separate government agency via digital services, and the adoption of machine learning to boost productivity for a multinational energy company. 6point6 was formed in 2012 and is based in London.

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Mergr

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