Accenture acquires Partners in Performance, expands asset-heavy industry services
NEW YORK, UNITED STATES and SYDNEY, AUSTRALIA — Outsourcing giant Accenture has agreed to acquire Partners in Performance, a strategy consulting firm specializing in operational excellence for complex organizations.
This acquisition is aimed at improving business performance in asset-intensive industries such as metals and mining, oil and gas, utilities, and chemicals.
The terms of the deal remain confidential, but the completion of the acquisition is subject to customary closing conditions, including regulatory approvals.
Boosting Accenture’s productivity and sustainability
Partners in Performance is renowned for its effective use of data and AI capabilities to boost cost management and productivity.
The acquisition will integrate its extensive expertise in driving sustainable value and resilience through proprietary data and advanced analytics into Accenture’s strategy services.
“Delivering profitable growth with the backdrop of significantly higher levels of disruption caused by technology and macroeconomic factors requires leaders in the C-suite and beyond to have partners that help navigate this prevailing complexity and expanding uncertainty,” said Muqsit Ashraf, chief executive for Accenture Strategy.
“Asset-intensive clients need to pursue strategies for decarbonization without compromising on business growth objectives,” said Stephanie Jamison, global resources industry practice lead and global sustainability services lead at Accenture.
“Partners in Performance’s expertise will be invaluable as we collaborate with clients to help them leverage digital capabilities and new ways of working to improve operational performance in areas such as supply chain, decarbonization and capital projects.”
A unified vision for future growth
Accenture is a talent and innovation-led company with approximately 742,000 people serving clients in more than 120 countries. The global professional services firm ranked #1 in the OA500 2024, an objective index of the world’s top 500 outsourcing companies. This is the second year the company clinched the index’s top spot.
Partners in Performance, which will see its roughly 400 employees join Accenture Strategy, was founded in Melbourne in 1996. The firm operates across five continents and has been recognized as one of Australia’s Most Innovative Companies.
Skipp Williamson, founder and managing director at Partners in Performance, also shared his enthusiasm: “Our focus has been on helping organizations have big lasting impact. We are excited to combine our joint strengths with Accenture for our clients across the world and to bring them even better lasting impact.”
