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Announced

Completed

Accenture completed the acquisition of Innotec Security.

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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Spain

cybersecurity

Digital Services

Acquisition

Cross Border

Private

Majority

Completed

Friendly

Single Bidder

Synopsis

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Accenture, a professional services company, completed the acquisition of Innotec Security, a company specializing in cybersecurity-as-a-service. Financial terms were not disclosed. “Our clients count on us to help them better protect and defend their enterprises across their entire ecosystem. Innotec Security is an excellent and well-regarded company in Spain with a highly skilled cybersecurity team, which will significantly enhance our security footprint in the market. Importantly, this acquisition will also expand our regional capabilities and resources and help us address the growing demand we’re seeing for managed security services across Europe," Paolo Dal Cin, Accenture Security Global Lead.

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