Accenture Acquires Italian New Energy Group
- by Radu Cotarcea
Accenture has announced on September 8, 2016, that it has entered into an agreement to acquire New Energy Group, an Italy-based company specializing in Salesforce solutions.
According to Accenture, "the move solidifies Accenture as a leading provider of Salesforce capabilities in Italy and Spain and strengthens the company’s overall global footprint, market-leading technology capabilities and deep industry experience.” As part of the deal, Accenture will acquire all New Energy branded organizations including the New Energy Salesforce services team in Italy, the New Energy Salesforce services Aborda team in Spain and the digital services team Mind in Italy. In addition, Accenture will also acquire Bit2win, New Energy’s suite of products and solutions based on Salesforce. Once the acquisition is completed, the team from New Energy Group will join the Accenture Cloud First Applications team, which delivers cloud services for Salesforce, Workday, ServiceNow, Google, Pegasystems and other “pure play” cloud technologies.
Saideep Raj, Managing Director, Cloud First Applications at Accenture, commented: "We continue to invest in our Cloud First agenda and expand our capabilities in Europe, as evidenced by our agreement to acquire New Energy Group, which will reinforce Accenture’s position as a leading provider of Salesforce capabilities in Italy and Spain. By integrating New Energy Group’s people and assets with ours, we will grow the best cloud talent in Europe and around the world to provide clients with unmatched cloud services and digital capabilities. As a result of this acquisition, Accenture will continue to lead in the new era of service delivery and flexibility, where applications, infrastructure and business processes are brought together and delivered As-a-Service."
On the seller side, Giuseppe Mammola, Chief Executive Officer of New Energy Group, added: "We are proud to be joining Accenture and combining our skills and innovative approach with the global scale of Accenture. Our focus on cloud and digital transformation will be empowered and will offer our clients unmatched opportunities to realize the full potential of the ‘As-a-Service’ economy. Our Bit2win software suite will be enhanced by Accenture’s industry expertise and its global investment and network of businesses. We have always been excited by change and now we are joining forces with Accenture for a new challenge – to provide leading and innovative solutions in a cloud world.”
This is the second European acquisition of Accenture recently following the acquisition of the German-based dgroup (reported on by Savage Intel on August 2, 2016).