M&A Deal Summary

Accenture Acquires Nytec

On October 3, 2019, Accenture acquired electronics company Nytec

Acquisition Highlights
  • This is Accenture’s 1st transaction in the Electronics sector.
  • This is Accenture’s 73rd transaction in the United States.
  • This is Accenture’s 3rd transaction in Washington.

M&A Deal Summary

Date 2019-10-03
Target Nytec
Sector Electronics
Buyer(s) Accenture
Deal Type Add-on Acquisition

Target

Nytec

Kirkland, Washington, United States
Nytec, Inc. is a product innovation and engineering company. Nytec operates an end-to-end LEED Platinum certified Product Innovation Center (PIC) where it offers design, prototype development, engineering and support services for manufacturing. Nytec, Inc. was founded in 1975 and is based in Kirkland, Washington.

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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 158 of 330
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 137 of 293
State (Washington) 3 of 5
Country (United States) 73 of 120
Year (2019) 19 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-10 Pragsis Bidoop

Madrid, Spain

Pragsis Bidoop is a provider of deep machine learning, artificial intelligence, and big data engineering experience. The company specializes in service provisioning for corporations in a range of industries, from banking and insurance to retail, energy, railway, public sector and pharma. Pragsis Bidoop was founded in 2004 and is based in Madrid, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-11 Sutter Mills SAS

Paris, France

Sutter Mills SAS specializes in developing and executing data-driven marketing strategies for clients. Sutter Mills is based in Paris, France.

Buy -