M&A Deal Summary

Accenture Acquires The Stable

On July 13, 2022, Accenture acquired business services company The Stable from Growth Catalyst Partners and Balance Point Capital Partners

Acquisition Highlights
  • This is Accenture’s 61st transaction in the Business Services sector.
  • This is Accenture’s 101st transaction in the United States.
  • This is Accenture’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2022-07-13
Target The Stable
Sector Business Services
Buyer(s) Accenture
Sellers(s) Growth Catalyst Partners
Balance Point Capital Partners
Deal Type Add-on Acquisition

Target

The Stable

Minneapolis, Minnesota, United States
The Stable is a fully integrated consumer brand agency helping businesses activate across all channels of commerce. The Stable was formed in 2015 and is based in Minneapolis, Minnesota.

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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 263 of 330
Sector (Business Services) 61 of 78
Type (Add-on Acquisition) 234 of 293
State (Minnesota) 1 of 2
Country (United States) 101 of 120
Year (2022) 10 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-27 XtremeEDA

Ottawa, Ontario, Canada

XtremeEDA is a provider of front-end design and verification services for the semiconductor industry. The company's expertise spans most major sectors, including processor, networking, telecommunications, aviation/avionics, automotive, medical, consumer electronics, and other sectors. Its business approach is to build relationships based on mutual respect and trust. This long-term emphasis leverages and enhances its evolving relationships to create repeated and lasting value for all stakeholders. XtremeEDA offers considerable flexibility in client engagement models, including: staff augmentation for front-end RTL and DV implementation teams, outsourced development of digital subsystems for design/verification IPs, and full Turnkey ASIC/SOC or FPGA chip development (in cooperation with our strategic partners). XtremeEDA was formed in 2002 and is based in Ottawa, Ontario.

Buy -
FOLLOWING 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 -

Seller(S) 2

SELLER

Growth Catalyst Partners

Investor Investor

Category Private Equity Firm
Founded 2015
Size Small
Type Sector Agnostic
DESCRIPTION

Growth Catalyst Partners is a private equity firm focused on growth capital investments in lower middle-market service companies. The Firm was formed in 2015 and is based in Chicago. Growth Catalyst Partners is formerly known as Fan Creek Capital.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-01 SilverAssist

Hendersonville, Tennessee, United States

SilverAssist serves the eldercare market by developing a comprehensive senior assistance platform that encompasses market-leading information, lead generation and financial services for seniors and their families as they navigate the complexities of senior care. SilverAssist is based in Hendersonville, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-16 Data Society Group

Washington, District of Columbia, United States

Data Society Group enables organizations to harness the full potential of data and AI by working with data leaders to crack cultural challenges and develop future fluent workforces. Data Society Group unlock innovation and radical collaboration through peer-to-peer exchange, best-in-class data literacy assessment and training, and custom data science and AI applications. The company support organizations in enabling new skills, mindsets, and ways of working, ultimately fostering a culture of confidence in applying modern data and AI practices. Data Society Group was founded in 2023 and is based in Washington, District of Columbia.

Buy -
SELLER

Balance Point Capital Partners

Westport, Connecticut, United States

Investor Investor Investor Investor Investor

Category Mezzanine Finance Firm
Founded 2007
PE ASSETS 1.7B USD
Size Small
Type Sector Agnostic
DESCRIPTION

Balance Point Capital Advisors is a provider of equity and debt capital to middle-market US-based companies. The Firm looks to invest $5 to $30 million in companies generating $10 $150 million in revenue. The Firm invest in the range of $15 to $75 million with and enterprise value of $10 to $150 million. Funds are used to support a variety of needs, including private equity sponsored buyouts, strategic acquisitions, refinancing's, management buyouts, leveraged recapitalizations, and growth capital financing needs. Balance Point Capital is based in Westport, Connecticut.

DEAL STATS #
Overall 14 of 16
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 8 of 9
State (Minnesota) 2 of 2
Country (United States) 14 of 16
Year (2022) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-11 Budderfly

Shelton, Connecticut, United States

Budderfly is a provider of guaranteed energy savings with no out-of-pocket costs for business through a unique Energy Efficiency-as-a-Service solution. Budderfly provides all the technology, 100% of the investment in efficiency upgrades, and the expertise to deliver the most energy-efficient, highest savings solution without the project risks or the frustration of competing for financial tradeoffs. Budderfly was founded in 2007 and is based in Shelton, Connecticut.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-21 Family Entertainment Group

Itasca, Illinois, United States

Family Entertainment Group is a designer, developer, and operator of amusement centers. FEG has partnerships with family-oriented resorts to provide turnkey outsourced solutions for amusement operations ranging from initial design and layout to day-to-day site management and operations. Family Entertainment Group was founded in 2004 and is based in Itasca, Illinois.

Sell -
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