Accenture Announces Intent To Acquire Benext, Independent French Product Management Consulting Company
Sep 07, 2021•almost 4 years ago
Acquiring Company
Accenture Song
Acquired Company
BENEXT
Description
Accenture (NYSE: ACN) has announced its intent to acquire BENEXT, an independent product consulting company specializing in product management, agile coaching, cloud-based development and data science. Financial terms of the transaction are not being disclosed.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed