Accenture to Buy Ethica Consulting Group


Accenture (NYSE: ACN) is to acquire Ethica Consulting Group, a group of technology companies based in Italy that provides advanced software and professional services.

The amount of the deal – whose completion is subject to customary closing conditions – was not disclosed.

The acquisition will strengthen Accenture’s capabilities in delivering digital transformation for clients and enabling them to develop innovative products and services using SAP® cloud-based solutions.

Led by Ilio Sanguin, president and founder, Ethica Consulting Group is organized into three affiliate companies — ICM.S, Altevie Technologies and Espedia — each specialized in specific areas of SAP technology and recognized as an SAP Platinum Partner. Ethica Consulting Group enables companies to reinvent their business processes by defining and implementing solutions using SAP technologies. The group has expertise in several industries including manufacturing, services and retail.

With headquarters in Treviso and several offices across Italy, Ethica Consulting Group has worked with clients for over 20 years, with a focus on mid-sized Italian businesses. The company’s approximately 400 SAP specialists will join the Accenture SAP Business Group in Italy to help meet accelerated demand for SAP’s cloud-based solutions locally and will benefit from access to Accenture’s global resources and skills.