Accenture (NYSE: ACN) has entered into an agreement to acquire Navisite, a digital transformation and managed services provider. The addition of Navisite will bolster and scale Accenture’s application and infrastructure managed services capabilities to help clients across North America modernize their IT for the AI era. The terms of the acquisition from private equity investment firm Madison Dearborn Partners were not disclosed.
Based in Andover, MA, Navisite’s team of approximately 1,500 people will join Accenture’s Infrastructure Engineering practice dedicated to helping clients accelerate their cloud transformations and build a strong digital core. With more than 400 cloud engineers, who hold more than 2,000 certifications, Navisite has deep experience across multiple cloud providers, enterprise applications and digital technologies, serving clients in sectors like technology, business services, healthcare, life sciences and manufacturing.
“Our clients feel a sense of urgency to modernize their enterprise and they continue to call on Accenture for help in critical areas where we excel,” said Manish Sharma, CEO of Accenture North America. “With skills steeped in cloud, infrastructure and application services, Navisite’s talented team expands our ability to help clients embrace new technologies and ways of working, to unlock the next-level of business reinvention.”
“Most enterprise IT environments are not ready for the demands of the AI era,” said Karthik Narain, group chief executive, Accenture Technology. “Adding Navisite means we can more quickly help clients ‘run to the new’—modernizing at speed while they operate efficiently, through Accenture’s innovation-focused managed services.”
“Through the hard work and dedication of our teams, we have been a trusted digital transformation partner for growing and established global brands. Accenture is the ideal partner for Navisite’s next chapter as we expand and enhance our client service offering to drive our growth, while creating exciting new opportunities for our people,” said Mark Clayman, Chief Executive Officer of Navisite. “Together with Accenture, we will be well-positioned to scale our services and deliver practical guidance for clients seeking to modernize and build more agile, resilient, and expanding businesses.”
This acquisition is subject to customary closing conditions.
