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Announced

Completed

Accenture completed the acquisition of NIKE Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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IT Services: Other

Majority

Friendly

Italy

consulting firm

Cross Border

Private

Single Bidder

Acquisition

Completed

Synopsis

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Accenture completed the acquisition of NIKE Group, an Italian consulting firm that provides regulatory technology services and solutions to financial services firms. Financial terms were not disclosed. “Financial services firms need a data-driven approach to compliance that manages escalating costs, detects regulatory changes faster and creates new efficiencies. NIKE Group’s extensive regulatory industry experience combined with Accenture’s scale and approach to innovation will enable us to create an enhanced data-driven market offering in advanced RegTech that will help clients accelerate their compliance transformations,” Massimiliano Colangelo, Accenture Head of Financial Services Client Group in Italy.

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