Accenture strengthens private equity capabilities with Impendi acquisition
Accenture, a global professional services company, has taken a significant step in expanding its capabilities in the private equity sector. The company recently announced the acquisition of Impendi, a provider specializing in sourcing and procurement services. This strategic move is part of Accenture’s ongoing efforts to enhance its service offerings to private equity clients, an area where the company has been intensifying its focus over the past year.
Impendi acquisition to enhance procurement services for Accenture’s private equity clients
Impendi, established in 2014 and headquartered in New York, has built a strong reputation for its expertise in aiding private equity companies in making procurement decisions that bolster profitability and enhance their portfolio companies’ bottom lines. With approximately 130 professionals in the United States and India, Impendi’s procurement analytics services have proven instrumental in tracking expenditures, identifying savings opportunities, and improving supplier diversity. The acquisition of Impendi will enable Accenture to strengthen its procurement services for private equity clients, ensuring they receive comprehensive and effective solutions tailored to their unique needs.
How Impendi’s procurement analytics will bolster Accenture’s private equity offerings
Accenture’s Private Equity group, under the leadership of Jay Scanlan, has been focused on providing industry and technology expertise to meet the specific needs of private equity portfolio company executives and investment professionals. By integrating Impendi’s innovative sourcing and procurement solutions, Accenture aims to accelerate this mission. Impendi’s procurement analytics capabilities will bolster Accenture’s private equity offerings, allowing the company to provide invaluable insights and recommendations that drive improved profitability and operational efficiency for their clients.
Impendi integration enables comprehensive sourcing and procurement solutions for Accenture’s private equity clients
The integration of Impendi into Accenture’s Sourcing and Procurement practice will pave the way for the delivery of a comprehensive range of services to private equity clients and their portfolio companies. This includes advisory services, technology solutions, and managed services, all aimed at optimizing sourcing and procurement processes. With this integration, Accenture aims to provide end-to-end solutions that address the specific challenges and opportunities faced by private equity clients, resulting in improved productivity, cost savings, and strategic decision-making.
Accenture’s acquisition of Impendi to deliver greater value to private equity clients
Nathan MacCarter, Managing Partner and CEO of Impendi, expressed confidence in the merger with Accenture, highlighting the potential to deliver even greater value to clients. Impendi has a proven track record of working with leaders from various industries, including financial and professional services, manufacturing, consumer goods, and technology. With Accenture’s vast resources and global presence, Impendi will be able to further expand its reach and impact, providing enhanced services and solutions that drive growth and profitability for private equity clients.
In conclusion, Accenture’s acquisition of Impendi is a strategic move that strengthens the company’s capabilities in the private equity sector. By incorporating Impendi’s procurement analytics services and expertise, Accenture aims to deliver comprehensive and effective sourcing and procurement solutions for private equity clients. This integration will enable Accenture to further enhance its offerings, providing valuable insights, cost savings, and strategic guidance to drive the success of private equity portfolio companies.
Analyst comment
Positive news. The acquisition of Impendi strengthens Accenture’s private equity capabilities, allowing them to offer enhanced sourcing and procurement solutions. This move will enable Accenture to provide valuable insights and cost savings to private equity clients, driving the success of portfolio companies.
