Add-on Acquisition • Information Technology

Accenture Acquires Mindcurv

On February 28, 2024, Accenture acquired information technology company Mindcurv from GENUI

Acquisition Context
  • This is Accenture’s 138th transaction in the Information Technology sector.
  • This is Accenture’s 28th transaction in Germany.

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M&A Deal Summary

Date February 28, 2024
Target Mindcurv
Sector Information Technology
Buyer(s) Accenture
Sellers(s) GENUI
Deal Type Add-on Acquisition

Target Company

Mindcurv

Essen, Germany
Mindcurv helps companies develop and implement scalable digital platforms and cloud infrastructures. The company provides a full-service journey from the inception of a business idea to the technical setup, management, and long-term growth. Mindcurv was founded in 2011 and is based in Essen, Germany.
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Buyer Overview 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 Context for Buyer #
Overall 308 of 358
Sector: Information Technology 138 of 160
Type: Add-on Acquisition 274 of 313
Country: Germany 28 of 31
Year: 2024 6 of 32
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-20 GemSeek

Sofia, Bulgaria

GemSeek is a customer experience analytics provider that offers expertise in advanced analytics and customer experience program management, along with proprietary technologies. The company helps clients across several industries including telecommunications, healthcare, consumer goods, and financial services realize the full potential of their customer experience programs, cultivate enduring customer relationships, and improve revenues and operational efficiencies. GemSeek was formed in 2011 and is based in Sofia, Bulgaria.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-03 The Lumery

Melbourne, Australia

The Lumery is a marketing technology (martech) consultancy that helps leading organizations deliver seamless customer experiences and transform their marketing services. The Lumery was founded in 2017 and is based in Melbourne, Australia.

Buy -

Seller Profile 1

SELLER
DESCRIPTION

GENUI is a private investment firm focused on investing in medium-sized companies throughout German-speaking Europe. GENUI was formed in 2014 and is headquartered in Hamburg.


Deal Context for Seller #
Overall 2 of 2
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Germany 2 of 2
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-17 KGS Software

Neu-Isenburg, Germany

KGS Software is a software company focusing on high-performance archiving systems especially tailored to SAP environments. Data and documents from SAP as well as documents from other leading applications are migrated and archived using high-performance, lean software. KGS Software was founded in 2000 and is based in Neu-Isenburg, Germany.

Buy -