Announced
Completed
Financials
Sources
Tags
IT Services: Other
Majority
Friendly
Italy
consulting firm
Cross Border
Private
Single Bidder
Acquisition
Completed
Synopsis
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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