Accenture Completes Acquisition of Sentia in the Netherlands, Belgium and Bulgaria

Accenture Completes Acquisition of Sentia in the Netherlands, Belgium and Bulgaria

 
AMSTERDAM; Sept. 2, 2022 – Accenture (NYSE: ACN) has accomplished its acquisition of Sentia’s companies in the Netherlands, Belgium and Bulgaria. Headquartered in the Netherlands, the Sentia group supplies cloud advisory and supply providers spanning hybrid and multi cloud technique, cloud transformation and migration.
 
The acquisition, beforehand introduced on August 2, provides greater than 300 cloud specialists to Accenture Cloud First, bolstering Accenture’s capabilities to supply end-to-end cloud infrastructure providers throughout public, non-public and sovereign clouds. 

 
“Accenture Cloud First’s precedence is to assist purchasers with complete enterprise reinvention by constructing their digital core, optimizing operations and accelerating development,” mentioned Karthik Narain, world lead for Accenture Cloud First. “Adding the Sentia team expands our migration and modernization capabilities, and further equips us to help companies optimize their workloads across the cloud continuum.”
 
Roy Ikink, lead for Accenture Cloud First Netherlands, added, “The acquisition of Sentia’s business in the Netherlands, Belgium and Bulgaria enhances our capabilities in Europe, particularly around hybrid cloud and sovereign cloud. The Sentia team’s experience in this area will be invaluable in helping clients to address regional data privacy regulations.”
 
A number one cloud consulting firm, Sentia’s major cloud management and optimization providers embody cloud managed providers, cloud safety providers and cloud infrastructure migration. Sentia additionally presents distinctive digital expertise monitoring providers that analyze, monitor and predict enterprise purposes and cloud providers from an finish person’s perspective.  

Financial phrases of the transaction weren’t disclosed.

 

Note: Sentia’s Danish business just isn’t half of the acquisition and will proceed as an unbiased business beneath the Sentia model, supported by Waterland Private Equity as major shareholder.

 

Forward-Looking Statements 

Except for the historic info and discussions contained herein, statements in this information launch might represent forward-looking statements inside the which means of the Private Securities Litigation Reform Act of 1995. Words similar to “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and related expressions are used to determine these forward-looking statements. These statements contain a quantity of dangers, uncertainties and different components that would trigger precise outcomes to vary materially from these expressed or implied. These dangers embody, with out limitation, dangers that: the transaction won’t obtain the anticipated advantages for Accenture; Accenture’s outcomes of operations have been, and might in the future be, adversely affected by risky, destructive or unsure financial and political situations, together with the invasion of Ukraine by Russia, the associated sanctions and different measures which were and proceed to be imposed in response to this battle, in addition to the present inflationary setting, and the results of these situations on the firm’s purchasers’ companies and ranges of business exercise; Accenture faces authorized, reputational and monetary dangers from any failure to guard shopper and/or firm information from safety incidents or cyberattacks; Accenture’s business is determined by producing and sustaining ongoing, worthwhile shopper demand for the firm’s providers and options together with via the adaptation and enlargement of its providers and options in response to ongoing modifications in know-how and choices, and a big discount in such demand or an lack of ability to reply to the evolving technological setting may materially have an effect on the firm’s outcomes of operations; if Accenture is unable to match folks and abilities with shopper demand round the world and appeal to and retain professionals with robust management abilities, the firm’s business, the utilization fee of the firm’s professionals and the firm’s outcomes of operations could also be materially adversely affected; the COVID-19 pandemic has impacted Accenture’s business and operations, and the extent to which it is going to proceed to take action and its affect on the firm’s future monetary outcomes are unsure; the markets in which Accenture operates are extremely aggressive, and Accenture won’t be capable to compete successfully; Accenture’s potential to draw and retain business and staff might depend upon its popularity in the market; if Accenture doesn’t efficiently handle and develop its relationships with key alliance companions or fails to anticipate and set up new alliances in new applied sciences, the firm’s outcomes of operations could possibly be adversely affected; Accenture’s profitability may materially undergo if the firm is unable to acquire favorable pricing for its providers and options, if the firm is unable to stay aggressive, if its cost-management methods are unsuccessful or if it experiences supply inefficiencies or fail to fulfill sure agreed-upon targets or particular service ranges; modifications in Accenture’s degree of taxes, in addition to audits, investigations and tax proceedings, or modifications in tax legal guidelines or in their interpretation or enforcement, may have a cloth opposed impact on the firm’s efficient tax fee, outcomes of operations, money flows and monetary situation; Accenture’s outcomes of operations could possibly be materially adversely affected by fluctuations in overseas foreign money change charges; modifications to accounting requirements or in the estimates and assumptions Accenture makes in reference to the preparation of its consolidated monetary statements may adversely have an effect on its monetary outcomes; Accenture is perhaps unable to entry further capital on favorable phrases or in any respect and if the firm raises fairness capital, it might dilute its shareholders’ possession curiosity in the firm; because of this of Accenture’s geographically various operations and its development technique to proceed to develop in its key markets round the world, the firm is extra prone to sure dangers; if Accenture is unable to handle the organizational challenges related to its dimension, the firm is perhaps unable to attain its business aims; Accenture won’t achieve success at buying, investing in or integrating companies, getting into into joint ventures or divesting companies; Accenture’s business could possibly be materially adversely affected if the firm incurs authorized legal responsibility; Accenture’s world operations expose the firm to quite a few and typically conflicting authorized and regulatory necessities; Accenture’s work with authorities purchasers exposes the firm to further dangers inherent in the authorities contracting setting; if Accenture is unable to guard or implement its mental property rights or if Accenture’s providers or options infringe upon the mental property rights of others or the firm loses its potential to make the most of the mental property of others, its business could possibly be adversely affected; Accenture’s outcomes of operations and share worth could possibly be adversely affected whether it is unable to keep up efficient inner controls; Accenture could also be topic to criticism and destructive publicity associated to its incorporation in Ireland; in addition to the dangers, uncertainties and different components mentioned beneath the “Risk Factors” heading in Accenture plc’s most up-to-date Annual Report on Form 10-Okay and different paperwork filed with or furnished to the Securities and Exchange Commission. Statements in this information launch communicate solely as of the date they have been made, and Accenture undertakes no obligation to replace any forward-looking statements made in this information launch or to adapt such statements to precise outcomes or modifications in Accenture’s expectations.

 

About Accenture

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Accenture

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