Accenture (NYSE: ACN) is to acquire Avenai, an Ottawa, Ontario-based provider of consulting and technology services.
The financial terms of the deal – subject to customary closing conditions -were not disclosed.
With Avenai’s significant focus on the public sector market, the acquisition will enhance Accenture’s capacity to drive the technology transformation taking place across the public sector in Canada.
Established in 2012, Avenai serves government and commercial clients in the Ottawa and Toronto regions, supporting key aspects of business change, including strategy development, process improvement, IT-enabled business transformation, and organization culture transformation.
Founders Chris Brennan, Mike Scotten and Brendan Timmins will join Accenture as managing directors in its Strategy & Consulting practice. They will continue to lead the team they helped build at Avenai and will also work with Accenture leadership across other practices to shape and pursue new business opportunities. Avenai’s more than 70 employees will also join Accenture’s Strategy & Consulting practice.