M&A Deal Summary

Accenture Acquires Okra

On April 21, 2021, Accenture acquired information technology company Okra

Acquisition Highlights
  • This is Accenture’s 89th transaction in the Information Technology sector.
  • This is Accenture’s 1st transaction in Nigeria.

M&A Deal Summary
Date 2021-04-21
Target Okra
Sector Information Technology
Buyer(s) Accenture
Deal Type Add-on Acquisition

Target

Okra

Lagos, Nigeria
Okra is an open finance data infrastructure startup serving the rapidly expanding African financial services market. Okra is an open finance platform that enables developers and businesses to build personalized digital services and fintech products for customers. Okra was founded in 2019 and based in Lagos, Nigeria

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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 211 of 332
Sector (Information Technology) 89 of 148
Type (Add-on Acquisition) 185 of 295
Country (Nigeria) 1 of 1
Year (2021) 17 of 59
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-07 Core Compete

Durham, North Carolina, United States

Core Compete is a cloud analytics services firm that deliver artificial intelligence (AI) and machine learning-infused business outcomes, to serve a diverse client base across the US and UK, with particular focus on supply chain, retail and financial services. Core Compete was founded in 2012 and is based in Durham, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-23 Root

Sylvania, Ohio, United States

Root is an operator of a consultancy with 30 years of experience helping Global 2000 organizations activate strategies and transform cultures using creative and visual methods to accelerate employee engagement and change effectiveness. Root is based in Sylvania, Ohio.

Buy -
Mergr

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