M&A Deal Summary

Accenture Acquires Solvera Solutions

On July 25, 2022, Accenture acquired information technology company Solvera Solutions

Acquisition Highlights
  • This is Accenture’s 115th transaction in the Information Technology sector.
  • This is Accenture’s 10th transaction in Canada.
  • This is Accenture’s 1st transaction in Saskatchewan.

M&A Deal Summary
Date 2022-07-25
Target Solvera Solutions
Sector Information Technology
Buyer(s) Accenture
Deal Type Add-on Acquisition

Target

Solvera Solutions

Regina, Saskatchewan, Canada
Solvera Solutions provides an IT-enabled business solutions, with deep expertise across ServiceNow, Microsoft and SAP platforms, focused on businesses in mission critical industries. Solvera Solutions serves clients in the public sector, health, financial services, utilities and energy, and agriculture industries. Solvera Solutions was founded in 2005 and is based in Regina, Saskatchewan.

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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 265 of 332
Sector (Information Technology) 115 of 148
Type (Add-on Acquisition) 236 of 295
State (Saskatchewan) 1 of 1
Country (Canada) 10 of 13
Year (2022) 12 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-21 Eclipse Automation

Cambridge, Ontario, Canada

Eclipse Automation is a provider of customized manufacturing automation and robotics solutions. The Company creates automated manufacturing systems to produce sophisticated products for life sciences, industrial equipment, automotive, energy and consumer goods companies. Eclipse Automation was founded in 2001 and is based in Cambridge, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-01 Tenbu

São Paulo, Brazil

Tenbu is a cloud data firm that specializes in solutions for intelligent decision-making and planning through areas such as analytics, big data and machine learning. Tenbu was founded in 2004 and is based in São Paulo, Brazil.

Buy -
Mergr

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