Accenture completes the acquisition of Sentia in the Netherlands, Belgium and Bulgaria

Accenture completes the acquisition of Sentia in the Netherlands, Belgium and Bulgaria

NEW YORK; September 2, 2022 – Accenture (NYSE: ACN) has completed the acquisition of Sentia’s businesses in the Netherlands, Belgium and Bulgaria. Based in the Netherlands, the Sentia provides cloud consulting and delivery services covering hybrid and multi-cloud strategy, cloud transformation and migration.

The acquisition, previously announced on August 2, adds more than 300 cloud specialists to Accenture Cloud Firststrengthening Accenture’s capabilities to deliver end-to-end cloud infrastructure services across public, private and sovereign clouds.

“Accenture Cloud First’s priority is to help clients completely reinvent their business by building their digital core, optimizing operations and accelerating growth,” said Karthik Narain, global head of Accenture Cloud First. “The addition of the Sentia team expands our migration and modernization capabilities, and further enables us to help enterprises optimize their workloads across the entire cloud continuum. »

Roy Ikink, Head of Accenture Cloud First Netherlands, added: “The acquisition of Sentia’s businesses in the Netherlands, Belgium and Bulgaria strengthens our capabilities in Europe, particularly around hybrid cloud and sovereign cloud. . The Sentia team’s experience in this area will be invaluable in helping customers comply with regional data privacy regulations.

A leading cloud consulting company, Sentia’s core cloud monitoring and optimization services include cloud managed services, cloud security services and cloud infrastructure migration. Sentia also offers unique digital experience monitoring services that analyze, track and predict enterprise applications and cloud services from an end-user perspective.

Financial terms of the transaction were not disclosed.


Note: Sentia’s Danish business is not part of the acquisition and will continue as an independent business under the Sentia brand, backed by Waterland Private Equity as a major shareholder.



Forward-looking statements
Except for historical information and discussions contained in this release, statements 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”, “intend”, “plan”, “project”, “believe”, “estimate”, “position “, “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. These risks include, but are not limited to, the risks that: the transaction will not produce the expected benefits for Accenture; Accenture’s results of operations have been and may be in the future affected by adverse conditions volatile, negative or uncertain economic and political ons, including Russia’s invasion of Ukraine, the sanctions and other related measures that have been and continue to be imposed in response to this conflict, as well as the environmental current inflationary situation and the effects of such conditions on the activities and activity levels of the Company’s customers; Accenture faces legal, reputational, and financial risks for failing to protect client and/or corporate data from security incidents or cyberattacks; Accenture’s business depends on generating and sustaining continued, profitable customer demand for the company’s services and solutions, including adapting and expanding its services and solutions in response to changing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to changes in the technological environment could materially affect the Company’s results of operations; if Accenture is unable to match people and skills to global client demand and attract and retain professionals with strong leadership skills, the business’s business, the rate use of the company’s professionals and the results of the company’s operations could be materially affected; the COVID-19 pandemic has impacted Accenture’s business and operations, and the extent to which it will continue to do so and its impact on the company’s future financial results are uncertain; the markets in which Accenture operates are highly competitive and Accenture may not be able to compete effectively; Accenture’s ability to attract and retain businesses and employees may depend on its reputation in the marketplace; if Accenture fails to manage and develop its relationships with key alliance partners or fails to anticipate and establish new alliances in new technologies, the company’s results of operations could be adversely affected; Accenture’s profitability could suffer significantly if the company is unable to obtain favorable prices for its services and solutions, if the company is unable to remain competitive, if its cost management strategies fail or if it experiences delivery inefficiencies or fails to meet certain agreed terms. on specific objectives or service levels; changes in Accenture’s level of taxation, 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 effective tax rate of business, results of operations, cash flows and financial condition. condition; Accenture’s results of operations could be materially affected by fluctuations in foreign exchange rates; changes in accounting standards or in estimates and assumptions made by Accenture in preparing 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 could dilute its shareholders’ stake in the business; due to Accenture’s geographically diverse business and growth strategy to continue expanding in its key markets around the world, the company is more susceptible to certain risks; if Accenture is unable to manage the organizational challenges associated with its size, the company may not be able to achieve its business objectives; Accenture may not be successful in acquiring, investing or integrating businesses, forming joint ventures or divesting businesses; Accenture’s business could be materially affected if the company incurs legal liability; Accenture’s global operations expose the company to many sometimes conflicting legal and regulatory requirements; Accenture’s work with government clients exposes the company to additional risks inherent in the government contracting environment; 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 from others, its activity could be negatively affected; Accenture’s results of operations and share price could be adversely affected if Accenture is unable to maintain effective internal controls; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; and the risks, uncertainties and other factors discussed under “Risk Factors” in Accenture plc’s most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. The statements in this press release speak only as of the date they are made, and Accenture undertakes no obligation to update any forward-looking statements made in this press release or to conform such statements to actual results. actual events or changes in Accenture’s expectations.



About Accenture
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Contact:

christine mcdonald
Accenture
+1 415 537 7997
[email protected]

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