M&A Deal Summary

Accenture Acquires Logic

On July 16, 2024, Accenture acquired information technology company Logic

Acquisition Highlights
  • This is Accenture’s 147th transaction in the Information Technology sector.
  • This is Accenture’s 118th transaction in the United States.
  • This is Accenture’s 2nd transaction in Minnesota.

M&A Deal Summary
Date 2024-07-16
Target Logic
Sector Information Technology
Buyer(s) Accenture
Deal Type Add-on Acquisition

Target

Logic

Bloomington, Minnesota, United States
Logic Information Systems specializes in providing business solutions through integrated expert technology implementation for the unique needs of tier-one and mid-market retail organizations. Logic was founded in 1997 and headquartered in Bloomington, Minnesota.

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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 326 of 331
Sector (Information Technology) 147 of 148
Type (Add-on Acquisition) 289 of 294
State (Minnesota) 2 of 2
Country (United States) 118 of 121
Year (2024) 25 of 30
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-22 Camelot Management Consultants

Mannheim, Germany

Camelot Management Consultants is a SAP partner with a broad client portfolio of large and midsize companies in the chemicals​, life sciences​, consumer goods, and industrial manufacturing industries. Camelot Management Consultants was founded in 1996 and is based in Mannheim, Germany.

Buy -
Mergr

Product

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