Accenture Ventures Makes Strategic Investment in Turbine

Accenture Makes Strategic Investment in Touchcast

February 3, 2021

Software

Accenture, through Accenture Ventures, made a strategic investment in Touchcast, a New York–based virtual experience company that uses AI and mixed reality to power immersive virtual events. The companies will deepen their collaboration through Accenture Ventures' Project Spotlight program to co-innovate and scale Touchcast’s platform to Accenture’s enterprise clients; terms were not disclosed.

Accenture Ventures Invests in Sanctuary AI

March 27, 2024

AI & Machine Learning

Accenture, through Accenture Ventures, made a strategic investment in Sanctuary AI, a Vancouver-based developer of AI-powered humanoid robots. The partnership aims to accelerate Sanctuary AI's commercialization and deploy its Phoenix robots across industries such as retail, logistics, and manufacturing while leveraging Accenture's enterprise relationships and implementation expertise.

Accenture Acquires Bionest to Expand Life Sciences Strategy Capabilities

February 2, 2023

Healthcare Services

Accenture has acquired Bionest, a New York–based strategy and consulting firm focused on life sciences, bringing Bionest's 46 consultants into Accenture Strategy to bolster its Life Sciences practice. The acquisition expands Accenture's capabilities across precision medicine, diagnostics, oncology, cell & gene therapy, and rare diseases; terms were not disclosed.

Settle Acquires Turbine

October 1, 2024

Cloud & SaaS

Settle, the San Francisco–based operations platform for scaling CPG brands, has acquired Turbine to integrate the target’s inventory operations and AI-powered forecasting capabilities into Settle’s procurement, payables and financing suite. The acquisition expands Settle’s product into unified inventory forecasting, procurement and landed-cost calculation to help omnichannel CPG brands improve margins and reduce manual workflows.

Edgewater Funds and Partners Invest in Turbine Engine Specialists (TES)

October 17, 2023

Aerospace & Defense

Edgewater Growth Capital Partners V, L.P. led an investment in Turbine Engine Specialists (TES), a Fort Worth, Texas–based aftermarket provider of turbine engine MRO, rental and parts distribution for the global private aviation market. The transaction includes co-investors Banbury Private Capital, HF Capital and existing investor Killick Capital; TES will retain its full leadership team as the investors provide capital to support the company’s growth initiatives.

Accenture Acquires Bionic

June 29, 2021

Consulting

Accenture acquired Bionic, a New York–based growth and innovation consultancy known for its proprietary GrowthOS platform, to bolster Accenture Interactive's Growth and Business Design practice. Financial terms were not disclosed; Bionic's team of roughly 40 entrepreneurs and designers will join Accenture to expand its experience-led growth capabilities.