Accenture Acquires Lexta To Expand Capabilities In It Benchmarking, Sourcing And Advisory
Aug 02, 2021•over 4 years ago
Acquiring Company
Accenture
Acquired Company
Lextar Electronics
Description
Accenture (NYSE: ACN) has acquired LEXTA, a consulting firm specialized in IT benchmarking and IT sourcing advisory. Headquartered in Berlin with additional offices in Düsseldorf, London, and Zurich, LEXTA’s team of more than 60 professionals joins Accenture’s Technology Strategy & Advisory group. LEXTA brings a proven track record in technology consulting services helping clients select the right solutions and vendors for their IT strategy. 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