Accenture acquires Romp, a brand and experience agency, and YSC Consulting, a CEO advisory and leadership firm. Financial terms of the transaction were not disclosed.
These are technology M&A deal numbers 722 and 723 that ChannelE2E has covered so far in 2022.
Accenture Acquires Romp and YSC Consulting
Accenture expects to spend approximately $2.5 billion on acquisitions during its current fiscal year 2022, which ends August 31, 2022. The $2.5 billion figure is down from his previous M&A spending estimate of about $4 billion for fiscal 2022. The company indicated that the acquisition will take time to complete while navigating various compliance checks.
Founded in 1989, Accenture is headquartered in Dublin, Ireland and has over 70 offices worldwide. The company has his 710,000 employees registered on LinkedIn. Accenture’s areas of expertise include management consulting, systems integration and technology, business process outsourcing, and application and infrastructure outsourcing.
Romp is based in Jakarta, Indonesia. The company has his 155 employees listed on LinkedIn. Romp’s areas of expertise include communications, media, design and digital operations. According to the companies, Romp will enter his Accenture Song, his predecessor to Accenture Interactive, which focuses on digital experiences.
Accenture Song and Romp: An Executive Perspective
Romp CEO Joseph Tan
Thomas Mouritzen, Accenture Song Southeast Asia Lead
Joseph TanCEO Romp said:
“We have always believed in harnessing the power of creativity to help our clients build strong, long-lasting relationships with their customers. Joining Accenture Song is the perfect blend of our love of brand storytelling and Accenture innovation to help our clients truly meet the limitless opportunities of global impact. increase.”
Thomas MoritzenAccenture Song’s Southeast Asia lead, add:
“Accenture Song aims to be the go-to partner for our clients as they reimagine their businesses to achieve long-term growth. Combined with strength, it broadens our ability to capitalize on the ongoing technological revolution for consumers and brands, which is a powerful asset for clients looking to succeed in Southeast Asia with innovative thinking and connected capabilities. It’s a proposal.”
Accenture and YSC: new expectations
Founded in 1990, YSC Consulting is based in London, UK. The company has his 381 employees registered on LinkedIn. YSC’s areas of expertise include Organizational Consulting, Business Psychology, Assessment, Development, Coaching, Executive Selection, Research, 360s, Succession Planning, Leadership Development, Cultural Change, Human Resources, Employee Engagement, DEI and C-Suite Development. It is included. YSC will join Accenture’s Talent & Organization/Human Potential team, the companies said.
Christie Smith, Global Leader for People and Organizational/Talent Potential, Accenture
Eric Pryner, CEO of YSC Consulting
Christy Smith, Accenture’s Global Lead for Talent and Organization/Human Potential, said:
“Leaders must meet new expectations to win the hearts and minds of employees and customers in a rapidly changing world. and thrive by leading with precision, speed, empathy and transparency.It is at the intersection of these values that Accenture and YSC Consulting truly align. , we look forward to helping our clients maximize their impact and carve out successful futures guided by modern leadership.”
YSC Consulting CEO Eric Pliner said:
“For over 30 years, YSC Consulting has supported and inspired CEOs and their teams around the world to shape the future through the deliberate design of thoughtful approaches to leadership. At a time when great leadership is in demand, we are joining Accenture to be recognized for our unrivaled expertise in individual leadership, team dynamics, diversity, equity and inclusion strategies, and technology-enabled talent analytics. We are happy to offer it in a new environment, a platform that is growing rapidly.”
Accenture M&A activity
Global IT consulting firm Accenture typically acquires dozens of companies each year. Many of the deals focus on cloud services, cybersecurity, digital transformation, data and analytics, managed services, sustainability and advertising agencies. A list of Accenture acquisitions ChannelE2E has tracked since his 2019 can be found here.
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