Accenture to Acquire Ethica Consulting Group to Expand SAP Capabilities in Italy

July 1, 2021

Accenture has agreed to acquire Ethica Consulting Group, an Italy-based group of technology companies providing advanced software and professional services focused on SAP. The deal is intended to strengthen Accenture’s digital transformation and SAP cloud capabilities in Italy, with Ethica’s ~400 SAP specialists joining Accenture’s SAP Business Group.

Buyers
Accenture
Targets
Ethica Consulting Group, ICM.S, Altevie Technologies, Espedia
Sellers
Ilio Sanguin (president and founder of Ethica Consulting Group)
Industry
IT Services
Location
Italy
Transaction Type
Buyout

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