Accenture finalizes Partners in Performance acquisition, boosts asset-intensive industry consulting
NEW YORK, UNITED STATES and SYDNEY, AUSTRALIA — Global professional services giant Accenture has completed its acquisition of Partners in Performance, a strategy consulting firm specializing in business performance improvement for asset-intensive industries.
The deal, initially announced on May 21, 2024, brings approximately 400 professionals into Accenture’s fold, strengthening its capabilities in industries such as metals and mining, oil and gas, utilities, and chemicals.
Enhancing operational excellence and sustainability
The acquisition aims to improve Accenture’s offerings in several key areas:
- Cost and productivity reinvention
- Delivery of capital projects
- Acceleration of energy transition and decarbonization efforts
Partners in Performance, known for its effective use of data and AI capabilities, will integrate its expertise into Accenture Strategy.
This move is expected to enhance Accenture’s ability to help clients navigate complex business environments and pursue decarbonization strategies without compromising growth objectives.
“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.
Global reach and innovation
Accenture, ranked #1 in the OA500 2024 index of top outsourcing companies, serves clients in over 120 countries with a workforce of approximately 742,000 people.
The company’s global presence and innovative approach align well with Partners in Performance’s operations across five continents.
Founded in Melbourne in 1996, Partners in Performance has been recognized as one of Australia’s Most Innovative Companies.
“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,” said Skipp Williamson, founder and managing director at Partners in Performance.
While the financial terms of the acquisition were not disclosed, the move is expected to significantly enhance Accenture’s capabilities in delivering sustainable value and resilience through advanced analytics and proprietary data.
