Accenture Expands System Abilities with Acquisition of The Beacon Group
NEW YORK Sept. 8, 2022 – Accenture (NYSE: ACN) has obtained The Beacon Group, a development technique consultancy agency serving Fortune 500 corporations across technological innovation, aerospace, industrial, health care and daily life sciences industries. Conditions of the transaction have been not disclosed.
Beacon’s workforce of more than 60 authorities in expansion technique, industry modeling and mergers and acquisitions (M&A) advisory, will be part of Accenture Tactic. The acquisition deepens Accenture’s abilities that aid C-suite leaders make truth-based mostly decisions for focusing on, segmentation and routes to progress driven by marketplace insights and scalable answers to execute organization transformations at scale.
“Today’s disruptive market natural environment is basically hard corporations and transforming the way they run. Enterprise leaders have to be ready to recognize, and swiftly act on, new or current pathways that will generate profitability,” stated Chris Roark, North The usa lead of Accenture Method. “The addition of Beacon’s senior talent, development framework and industry modeling platform will extend our abilities that help our customers see around disruptive corners, embrace modify and condition their small business approaches to deliver and sustain worth to all stakeholders.”
Launched in 2001 with headquarters in Portland, Maine, Beacon’s differentiated strategy pairs rigorous modeling methodologies with customized industry perception and strategy consulting to drive actionable growth procedures for its clientele. Targeted on new advancement initiatives, Beacon can help the world’s premier providers introduce new services, items, systems and enterprise products.
In addition to its typical advancement strategy advisory work, Beacon’s market place modeling observe provides customers increased transparency as they do the job by way of bespoke forecasting of present and opportunity markets served. The company’s scalable platform leverages knowledge and insights throughout 400 industry segments, 16 geographies and 15 vertical marketplaces to make personalized forecast industry styles that are interactive.
Beacon also delivers M&A advisory abilities that offer qualified assist for company and personal fairness clientele by setting up strategic acquisition street maps, identifying and vetting actionable target candidates, and providing quick focus on and current market owing diligence. The acquisition even more bolsters Accenture’s M&A Consulting Providers that assist clientele create value via inorganic advancement methods.
Cliff Farrah, Beacon President and CEO, and author of Rising the Top Line, included, “We have used the past 20 many years evolving our products and services by way of different economic cycles to replicate the progress strategy requirements of our consumers. Now, we appear forward to bringing the most effective of our knowledge to Accenture System and presenting clientele deep sector know-how, and a full suite of growth system capabilities that allow 360° benefit generation.”
Accenture is a global experienced products and services organization with main capabilities in digital, cloud and stability. Combining unmatched encounter and specialized competencies across far more than 40 industries, we present System and Consulting, Know-how and Operations companies and Accenture Music — all run by the world’s largest community of Highly developed Technology and Clever Operations centers. Our 710,000 folks deliver on the promise of engineering and human ingenuity each working day, serving customers in far more than 120 international locations. We embrace the electrical power of alter to build benefit and shared achievements for our purchasers, folks, shareholders, associates and communities. Take a look at us at accenture.com.
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