Add-on Acquisition • Information Technology

Accenture Acquires Navisite

On January 10, 2024, Accenture acquired information technology company Navisite from Madison Dearborn Partners

Acquisition Context
  • This is Accenture’s 135th transaction in the Information Technology sector.
  • This is Accenture’s 116th transaction in the United States.
  • This is Accenture’s 7th transaction in Pennsylvania.

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M&A Deal Summary

Date January 10, 2024
Target Navisite
Sector Information Technology
Buyer(s) Accenture
Sellers(s) Madison Dearborn Partners
Deal Type Add-on Acquisition

Target Company

Navisite

Warrendale, Pennsylvania, United States
Navisite is a modern managed cloud service provider that accelerates IT transformation for thousands of growing and established global brands. Navisite was founded in 1994 and is based in Warrendale, Pennsylvania.
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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 304 of 358
Sector: Information Technology 135 of 160
Type: Add-on Acquisition 272 of 313
State: Pennsylvania 7 of 7
Country: United States 116 of 134
Year: 2024 2 of 32
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-09 Work & Co

Brooklyn, New York, United States

Work & Co is a global design and technology company with people across the United States, Europe, and Latin America. Work & Co designs, ideates, and develops the core digital experiences that drive businesses forward. Work & Co was formed in 2013 and is based in Brooklyn, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-01 Tenchi

São Paulo, Brazil

Tenchi is a third-party cyber risk management company that gives organizations better visibility into their supply chain risks by continuously monitoring relationships with suppliers. The company's approach provides a holistic view of an organization’s cyber risk profile through a comprehensive risk assessment. Tenchi is based in São Paulo, Brazil.

Buy -

Seller Profile 1

SELLER

Madison Dearborn Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1992
PE ASSETS 31.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Madison Dearborn Partners (MDP) is a large private equity firm that targets buyouts of private or publicly held companies, divestitures of larger companies, recapitalizations of family-owned or closely-held companies, acquisition-oriented financings, and financings to fund internal growth. MDP's target investment size is $100 to $600 million in buyout oriented transactions and $100 to $400 million in growth capital commitments. Areas of interest include basic industries (natural resources, chemicals, energy and power, automotive, building products, food, metals and mining, refining, paper, packaging and forest products, and general manufacturing), as well as communications, consumer products/services, financial services, and healthcare. Madison Dearborn Partners was formed in 1992 and is based in Chicago, Illinois.


Deal Context for Seller #
Overall 75 of 79
Sector: Information Technology 7 of 8
Type: Add-on Acquisition 34 of 37
State: Pennsylvania 2 of 2
Country: United States 66 of 69
Year: 2024 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-20 NFP

Austin, Texas, United States

NFP is a provider of benefits solutions for companies of all sizes and in the delivery of life insurance and wealth management solutions for high net worth individuals. NFP's independent broker/dealers offers a wide range of choices from some of the nation’s top investment companies. NFP is based in Austin, Texas.

Sell $13.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-27 Omni Federal

Washington, District of Columbia, United States

Omni Federal is a provider of innovative and intuitive mission and enterprise software solutions to the U.S. Department of Defense (DoD) and Intelligence Community (IC). Omni Federal was formed in 2017 and is based in Washington DC.

Buy -