Accenture Expands Strategy Capabilities with Acquisition of The Beacon Team

Adella Miesner

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 […]

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.
 
&#13
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.
 
&#13
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.”
 
About Accenture
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.
 
Ahead-Hunting Statements
Apart from for the historical information and facts and conversations contained herein, statements in this information release may represent ahead-seeking statements within the that means of the Private Securities Litigation Reform Act of 1995. Terms these types of as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and similar expressions are applied to recognize these ahead-on the lookout statements. These statements entail a quantity of pitfalls, uncertainties and other aspects that could induce precise results to vary materially from these expressed or implied. These dangers consist of, devoid of limitation, hazards that: the transaction may not reach the anticipated advantages for Accenture Accenture’s outcomes of functions have been, and may possibly in the foreseeable future be, adversely influenced by volatile, damaging or unsure economic and political problems, such as the invasion of Ukraine by Russia, the associated sanctions and other steps that have been and go on to be imposed in response to this conflict, as perfectly as the latest inflationary environment, and the results of these ailments on the company’s clients’ companies and levels of organization exercise Accenture faces lawful, reputational and economical risks from any failure to protect shopper and/or organization facts from protection incidents or cyberattacks Accenture’s small business relies upon on building and retaining ongoing, lucrative consumer demand for the company’s companies and methods such as by means of the adaptation and growth of its services and methods in response to ongoing alterations in technological know-how and choices, and a major reduction in these demand or an inability to reply to the evolving technological atmosphere could materially have an effect on the company’s effects of functions if Accenture is unable to match individuals and competencies with customer need all-around the entire world and bring in and retain specialists with robust leadership techniques, the company’s organization, the utilization amount of the company’s professionals and the company’s benefits of operations may well be materially adversely impacted the COVID-19 pandemic has impacted Accenture’s company and functions, and the extent to which it will carry on to do so and its effect on the company’s potential fiscal outcomes are unsure the markets in which Accenture operates are very aggressive, and Accenture could possibly not be equipped to compete efficiently Accenture’s skill to bring in and retain business and workforce may well rely on its track record in the market if Accenture does not properly regulate and build its relationships with key alliance partners or fails to anticipate and set up new alliances in new technologies, the company’s effects of functions could be adversely affected Accenture’s profitability could materially undergo if the enterprise is not able to get hold of favorable pricing for its providers and methods, if the corporation is unable to continue to be competitive, if its expense-administration techniques are unsuccessful or if it encounters shipping inefficiencies or fall short to fulfill certain agreed-on targets or precise assistance ranges variations in Accenture’s stage of taxes, as very well as audits, investigations and tax proceedings, or changes in tax legislation or in their interpretation or enforcement, could have a substance adverse influence on the company’s effective tax charge, success of operations, income flows and money issue Accenture’s benefits of operations could be materially adversely impacted by fluctuations in overseas currency exchange costs improvements to accounting requirements or in the estimates and assumptions Accenture helps make in relationship with the preparation of its consolidated monetary statements could adversely have an effect on its economic outcomes Accenture could possibly be not able to entry extra cash on favorable conditions or at all and if the company raises equity cash, it could dilute its shareholders’ ownership interest in the company as a outcome of Accenture’s geographically various operations and its growth approach to carry on to expand in its crucial marketplaces all-around the planet, the enterprise is much more vulnerable to certain hazards if Accenture is not able to handle the organizational troubles associated with its dimension, the corporation may be not able to reach its small business goals Accenture could possibly not be effective at acquiring, investing in or integrating companies, moving into into joint ventures or divesting organizations Accenture’s enterprise could be materially adversely afflicted if the enterprise incurs legal liability Accenture’s global operations expose the enterprise to quite a few and in some cases conflicting lawful and regulatory requirements Accenture’s operate with governing administration shoppers exposes the enterprise to supplemental challenges inherent in the governing administration contracting atmosphere if Accenture is unable to guard or implement its mental house rights or if Accenture’s providers or answers infringe upon the intellectual assets legal rights of some others or the organization loses its capacity to utilize the mental residence of some others, its small business could be adversely afflicted Accenture’s results of functions and share selling price could be adversely influenced if it is unable to keep powerful inner controls Accenture may be matter to criticism and negative publicity similar to its incorporation in Eire as very well as the hazards, uncertainties and other elements reviewed beneath the “Risk Factors” heading in Accenture plc’s most latest Yearly Report on Variety 10-K and other files submitted with or furnished to the Securities and Trade Commission. Statements in this information release converse only as of the date they were made, and Accenture undertakes no responsibility to update any ahead-searching statements made in this news launch or to conform such statements to precise effects or changes in Accenture’s expectations.

 
&#13
# # #

 
 
Call:
 
Maggie Nolan
Accenture
+1 845 661 0952
[email protected]
 
Copyright © 2022 Accenture. All legal rights reserved. Accenture and its brand are trademarks of Accenture.  This material is presented for typical details uses and is not intended to be used in place of session with our expert advisors. This doc refers to marks owned by 3rd parties. All this sort of 3rd-get together marks are the residence of their respective entrepreneurs. No sponsorship, endorsement or approval of this information by the entrepreneurs of these kinds of marks is supposed, expressed or implied.
 
 

Next Post

5 Best Inventory Study Sites of 2022

Ideal Inventory Exploration Sites of 2022 We discovered five major inventory research sites: 1. TipRanks2. The Motley Idiot3. Yahoo Finance4. Trading See5. Zacks Why Is Selecting the Proper Investment Analysis Web-site Crucial? Stock sector research web sites present obtain to the newest information and facts on the stock markets. Nonetheless, […]
5 Best Inventory Study Sites of 2022