Accenture announces its intention to acquire Nell’Armonia, a leading EPM solutions consulting company

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Acquisition would strengthen Accenture’s position in the EPM market, leveraging cloud innovation and the power of data to help customers navigate digital transformation

PARIS – (BUSINESS WIRE) – Accenture (NYSE: ACN) has entered into an agreement to acquire Nell’Armonia, a leading technology and consulting company specializing in enterprise performance management (EPM) solutions, including the headquarters are in Paris, France. Financial terms of the transaction are not disclosed.

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(Photo: Business Wire)

Founded in 2005, Nell’Armonia has more than 135 highly qualified professionals with experience in Oracle EPM cloud solutions, as well as Anaplan, CCH Tagetik and OneStream solutions, serving clients across France and Israel with services that span l ‘entire EPM spectrum, from advice to implementation and maintenance. Nell’Armonia complements Accenture’s existing capabilities and would enhance its ability to meet clients’ needs for analytical knowledge to support end-to-end corporate finance and planning. As a result, CFOs would be able to move faster and take more responsibility for strategy, execution and the sustainable future of the business.

“Robust EPM capabilities that bring together data, technology and talent are essential to create a more dynamic, agile and actionable performance management process,” said Olivier Girard, Head of Market Unit, Accenture France and Benelux . “Accenture is committed to providing the best resources and capabilities to meet the needs of our customers, and the combination of Accenture and Nell’Armonia would allow us to provide the latest and most comprehensive solutions to help organizations succeed.” their EPM transformations.

Stephanie Jandard, Managing Director and Chief Technology Officer of Accenture France, said: “Many large French companies will embark on an EPM transformation fueled by innovation in the cloud and driven by their commitment to sustainability. This is driven by the growing need for leaders to have a holistic, real-time view of their business critical functions, such as finance, human resources and supply chain management, reliable information on their performance. environmental, social and governance issues and the potential value of integrating sustainability into their business decision-making can bring. ”

Eric Leroy, CEO and founder of Nell’Armonia, adds: “Many clients have initiated transformation projects of their EPM model. Reporting, planning, budgeting and forecasting processes are essential to the success of these major technological and business transformations. Combining our strengths with Accenture would allow us to extend EPM beyond the financial function and strengthen our innovation capabilities using the latest technologies such as artificial intelligence, predictive analytics and robotics. The opportunity to join Accenture would open up huge opportunities for our company and our people. Together, we would be able to support a greater number of companies in successful management transformation projects, integrating all the key functions of the company. ”

The acquisition requires prior consultation of the relevant works councils and would be subject to customary closing conditions.

About Accenture

Accenture is a global professional services company with industry-leading digital, cloud and security capabilities. Combining unparalleled experience and specialized skills in over 40 industries, we provide strategy and consulting, interactivity, technology and operations services, all powered by the world’s largest network of advanced technology centers and smart operations. Our 537,000 employees deliver on the promise of technology and human ingenuity every day, serving customers in more than 120 countries. We embrace the power of change to create value and shared success for our customers, employees, shareholders, partners and communities. Visit us at www.accenture.com.

Forward-looking statements

Except for historical information and discussions contained in this press release, the statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may”, “Will”, “should”, “probable”, “anticipate”, “expect”, “intends”, “foresees”, “plans”, “believes”, “estimates”, “positioned” , “Outlook” and similar expressions are used to identify these forward-looking statements. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. Many of the risks, uncertainties and other factors identified below are and will be magnified by the COVID-19 pandemic. These risks include, but are not limited to, the risks that: Accenture and Nell’Armonia may not be able to complete the transaction within the expected timeframe, or not at all, which depends on the ability of the parties to meet certain conditions. Closing; the transaction may not generate the expected profits for Accenture; Accenture’s operating results have been significantly affected and may in the future be affected by the COVID-19 pandemic; Accenture’s operating results have been, and may in the future, be affected by volatile, negative or uncertain economic and political conditions and the effects of such conditions on the businesses and activity levels of the Company’s customers. society ; Accenture’s business is dependent on generating and sustaining a continuous and profitable customer demand for the company’s services and solutions, including by adapting and expanding its services and solutions in response to changes. technology and offerings, and a significant reduction in this demand or an inability to respond to the changing technological environment could have a material impact on the Company’s operating results; if Accenture is unable to keep its supply of skills and resources in balance with the demand of customers around the world and to attract and retain professionals with strong leadership skills, the business of the company, the rate of utilization of the company’s professionals and the company’s operating results may be materially adversely affected; Accenture could face legal, reputational and financial risks if the company fails to protect customer and / or company data from security incidents or cyber attacks; the markets in which Accenture operates are highly competitive, and Accenture may not be able to compete effectively; Accenture’s profitability could suffer considerably if the company is not able to obtain favorable prices for its services and solutions, if the company is not able to remain competitive, if its management strategies costs fail or if it experiences delivery inefficiencies or fails to meet certain agreed conditions. on specific objectives or service levels; changes in Accenture’s tax level, as well as tax audits, investigations and proceedings, or changes in tax laws or their interpretation or application, could have a material adverse effect on the tax rate company workforce, operating results, cash flows and statements; Accenture’s ability to attract and retain businesses and employees may depend on its reputation in the market; due to the geographic diversity of Accenture’s business and its growth strategy to continue expanding in key markets around the world, the company is more vulnerable to certain risks; Accenture’s business could be significantly affected if the company incurs legal liability; Accenture’s work with government clients exposes the company to additional risks inherent in the public procurement environment; Accenture’s operating results could be materially affected by fluctuations in foreign currency exchange rates; if Accenture is unable to manage the organizational challenges associated with its size, the business may not be able to meet its business goals; if Accenture does not successfully manage and develop relationships with key alliance partners or fail to anticipate and establish new alliances in new technologies, the Company’s operating results could be affected; Accenture may not be successful in acquiring, investing or integrating businesses, entering into joint ventures or disposing of businesses; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture’s services or solutions infringe the intellectual property rights of others or if the company loses its ability to use the intellectual property of others, its activities could be negatively affected; Accenture’s operating results and share price could be affected if it were not able to maintain effective internal controls; changes in accounting standards or in the estimates and assumptions made by Accenture in the preparation of its consolidated financial statements could adversely affect its financial results; Accenture may not be able to access additional capital on favorable terms or at all and if the company raises equity it may dilute its shareholders’ stake in the company; Accenture may be subject to criticism and negative publicity relating to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the heading “Risk Factors” of Accenture plc’s latest annual report on Form 10-K and other documents filed or provided to the Securities and Exchange Commission. The statements contained in this press release speak only as of the date on which they are made, and Accenture assumes no obligation to update any forward-looking statements made in this press release or to conform them to actual results. or changes in Accenture’s expectations.

Velislava Le Fevre

Accenture France

+33 1 53 23 46 18

[email protected]

Bonnie olivier

Accenture France

+33 1 53 23 54 61

[email protected]

Source: Accenture



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