Accenture (NYSE: ACN) is set to acquire Navisite, a leading digital transformation and managed services provider, marking a strategic move to enhance Accenture’s application and infrastructure managed services capabilities. The acquisition, with undisclosed terms from private equity investment firm Madison Dearborn Partners, aims to strengthen Accenture’s position in helping North American clients modernize their IT infrastructure for the AI era. Headquartered in Andover, MA, Navisite brings approximately 1,500 skilled professionals to Accenture’s Infrastructure Engineering practice, specializing in cloud transformations and digital core development.
Navisite, boasting a team of over 400 cloud engineers with 2,000 certifications, has extensive experience across various cloud providers, enterprise applications, and digital technologies. Serving clients in sectors such as technology, business services, healthcare, life sciences, and manufacturing, Navisite is well-equipped to contribute to Accenture’s mission of assisting clients in adopting new technologies and operational approaches.
Manish Sharma, CEO of Accenture North America, emphasized the urgency felt by clients to modernize their enterprises and highlighted Navisite’s expertise in cloud, infrastructure, and application services. The addition of Navisite’s talented team aligns with Accenture’s commitment to helping clients embrace innovative technologies and achieve business reinvention.
Karthik Narain, Group Chief Executive of Accenture Technology, emphasized that many enterprise IT environments are not adequately prepared for the demands of the AI era. The inclusion of Navisite will enable Accenture to expedite clients’ modernization efforts, allowing them to operate efficiently while benefiting from Accenture’s innovation-focused managed services.
Mark Clayman, CEO of Navisite, expressed excitement about the partnership, stating that Accenture is the ideal collaborator for Navisite’s next chapter. Together, they aim to scale services and offer practical guidance to clients seeking to modernize their businesses, making them more agile, resilient, and expansive. The acquisition sets the stage for growth and new opportunities for both companies and their teams.
