Acquiring Company
Accenture
Acquired Company
Exton Consulting
Description
Accenture (NYSE: ACN) has completed its acquisition of Exton Consulting, a French consulting firm providing banking strategy support to financial services clients across Europe. Accenture announced its intent to acquire Exton Consulting on June 18, 2021. Financial terms of the transaction were not 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