Accenture Acquires Industrie&Co

Matthew Coates, Accenture Australia & New Zealand Cloud First Lead & Con Zeritis, CEO of Industrie&Co.

Accenture (NYSE: ACN) acquired Industrie&Co, a Sydney, Australia-based technology consultancy that designs and creates cloud native solutions for enterprises and cloud based companies.

The amount of the deal was not disclosed.

The acquisition expands Accenture’s Cloud First capabilities in delivering cloud native services for clients, particularly within financial services, as they become digital businesses and build new digital products and services.

Founded in 2007 and led by Con Zeritis, CEO, Industrie&Co has financial services experience spanning multiple verticals, including banking, payments, wealth management, superannuation, insurance and capital markets. The company has 173 employees, with offices in Melbourne, Hong Kong and Singapore.

The acquisition follows other investments across Australia and New Zealand in the past 18 months, including operational technology provider Electro 80, supply chain and logistics consulting firm GRA, cloud-native solutions provider Olikka, SAP and cloud solutions technology firm Zag, data analytics and supply chain management company Icon Integration and business strategy and econometrics firm AlphaBeta.