Accenture (NYSE: ACN) has entered into an agreement to acquire Navisite, an Andover, MA-based digital transformation and managed services provider.
The terms of the acquisition from private equity investment firm Madison Dearborn Partners were not disclosed. This deal is subject to customary closing conditions.
The addition of Navisite will bolster and scale Accenture’s application and infrastructure managed services capabilities to help clients across North America modernize their IT for the AI era.
Navisite’s team of approximately 1,500 people – led by Mark Clayman, Chief Executive Officer – will join Accenture’s Infrastructure Engineering practice dedicated to helping clients accelerate their cloud transformations and build a strong digital core. With more than 400 cloud engineers, who hold more than 2,000 certifications, Navisite has deep experience across multiple cloud providers, enterprise applications and digital technologies, serving clients in sectors like technology, business services, healthcare, life sciences and manufacturing.
FinSMEs
11/01/2024