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Accenture completes acquisition of Allitix to enhance connected planning capabilities

Nov 04, 2024about 1 year ago

Acquiring Company

Accenture

Acquired Company

Allitix

DublinIrvineInformation TechnologySupply Chain ManagementFinancial ServicesConsulting

Description

Accenture has acquired Allitix, a consulting and technology company specializing in Anaplan solutions. This acquisition further strengthens Accenture’s connected planning capabilities using Anaplan, a platform that helps organizations see, plan and lead better business outcomes, and enhances its ability to help clients standardize planning practices across business functions for increased agility, productivity, and data-driven decision making.

Company Information

Company

Accenture

Location

Dublin, Dublin, Ireland

About

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale.

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M&A Insights

Based on deal data
Integration 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