M&A Deal Summary

Accenture Acquires Strongbow Consulting

On July 27, 2023, Accenture acquired information technology company Strongbow Consulting

Acquisition Highlights
  • This is Accenture’s 124th transaction in the Information Technology sector.
  • This is Accenture’s 109th transaction in the United States.
  • This is Accenture’s 6th transaction in New Jersey.

M&A Deal Summary
Date 2023-07-27
Target Strongbow Consulting
Sector Information Technology
Buyer(s) Accenture
Deal Type Add-on Acquisition

Target

Strongbow Consulting

Ridgewood, New Jersey, United States
Strongbow Consulting is a data-driven strategic advisory firm with deep expertise in helping organizations plan and execute technology transformation strategies. It brings together commercial and technical expertise in infrastructure modernization across three areas: Hybrid Cloud, Networking, and End User Compute environments. Strongbow Consulting was formed in 2014 and is based in Ridgewood, New Jersey.

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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 284 of 331
Sector (Information Technology) 124 of 148
Type (Add-on Acquisition) 254 of 294
State (New Jersey) 6 of 6
Country (United States) 109 of 121
Year (2023) 9 of 26
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-21 Anser Advisory

Cypress, California, United States

Anser Advisory is a national firm specializing in capital program funding, program management, project management, construction management, and executive advisory services. The firm provides program advisory services to clients across the country in industries that include transportation, higher education, K-12 education, industrial, federal, state, and local government, healthcare, hospitality, and housing. Anser Advisory is based in Santa Ana CA, Boston MA, Orlando FL, San Francisco CA, Atlanta GA, and now Clinton, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-02 SIGNAL

Tokyo, Japan

SIGNAL is an integrated marketing firm, based in Tokyo, Japan.

Buy -
Mergr

Product

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