Accenture Acquires Canadian Capital Projects Consulting Company Comtech Group; Terms Of The Deal Were Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Accenture (NYSE:ACN) has acquired Comtech Group, a consulting and program management company for infrastructure projects in Canada and the United States. The terms of the deal were not disclosed. This acquisition follows Accenture's recent purchase of Anser Advisory, and is part of Accenture's strategy to expand its capital projects capabilities in North America. Comtech Group, founded in 1994, assists clients in delivering large, long-term infrastructure projects.
October 26, 2023 | 4:10 pm
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Accenture's acquisition of Comtech Group expands its capabilities in managing large infrastructure projects in North America. This could potentially lead to increased revenues and market share for Accenture.
The acquisition of Comtech Group allows Accenture to expand its capabilities in managing large infrastructure projects. This could potentially attract more clients and increase Accenture's revenues and market share. The fact that the terms of the deal were not disclosed makes it difficult to assess the financial impact of the acquisition, but the strategic benefits seem clear.
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