Accenture Acquires ON Service GROUP for Terms Undisclosed to Help Insurers in Germany Improve Operational Resiliency and Drive Business Growth
Portfolio Pulse from Benzinga Newsdesk
Accenture (NYSE:ACN) has acquired ON Service GROUP, a provider of business process services for insurance operations. The acquisition will enhance Accenture's capabilities in insurance operations and expand its services in Germany. The terms of the transaction were not disclosed.
October 18, 2023 | 8:10 am
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The acquisition of ON Service GROUP by Accenture is expected to enhance its capabilities in insurance operations and expand its services in Germany.
The acquisition of ON Service GROUP, a provider of business process services for insurance operations, is likely to enhance Accenture's capabilities in this area. This could potentially lead to increased business and revenue for Accenture, especially in the German market where ON Service GROUP is based. Therefore, this news is likely to have a positive impact on Accenture's stock in the short term.
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