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New Deal


Announced

Accenture Federal Services to acquire Cognosante.

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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Private

Friendly

Majority

Acquisition

Single Bidder

consulting

technology

business process outsourcing

United States

Domestic

Pending

Business Process Outsourcing

Synopsis

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Accenture Federal Services, a US federal services company, agreed to acquire Cognosante, a mission-driven provider of digital transformation and cloud modernization solutions for federal health, defense, intelligence, and civilian agencies. Financial terms were not disclosed. “We are continually innovating and investing to help federal agencies stay ahead of the ever-changing needs of their mission and customers. Accenture Federal Services is excited to welcome the Cognosante team. We are truly impressed with their people, capabilities, and impact. Together, we will deliver on the promise of technology for the nation’s priorities," John Goodman Accenture Federal Services CEO.

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