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New Deal


Announced

Completed

Accenture completed the acquisition of ClearEdge Partners.

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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procurement spend management

Acquisition

Completed

Cross Border

Friendly

Management Consulting

Single Bidder

Private

United States

Majority

Synopsis

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Accenture, an Ireland-based multinational professional services company, completed the acquisition of ClearEdge Partners, a firm specializing in procurement spend management. Financial terms were not disclosed. "While the pandemic accelerated the speed of digital adoption, organizations are now at an inflection point where sustaining growth will be defined by those that create value faster and maximize the impact of those investments. We’re delighted to welcome ClearEdge to our team, adding significant IT category expertise to our procurement business while extending our ability to deliver value for clients," Manish Sharma, Accenture Operations Chief Executive.

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