Accenture Closes Acquisition of Ethica Consulting Group


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

The intent to acquire was announced on July 1. The amount of the deal 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 solutions. The company’s approximately 400 SAP specialists will join the Accenture SAP Business Group in Italy to help meet demand for SAP’s cloud-based solutions locally and will benefit from access to Accenture’s global resources and skills.

Ethica Consulting Group enables companies to reinvent their business processes by developing and implementing cloud-based solutions using SAP® technologies and has expertise in several industries including manufacturing, services and retail. Adopting these technologies can help companies increase operational efficiencies and provide a better customer experience.