Accenture to Acquire Navisite

Acquisition to bolster service capabilities to help clients embrace new technologies.

Accenture (NYSE: ACN) has entered into an agreement to acquire Navisite, a digital transformation and managed services provider. 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. The terms of the acquisition from private equity investment firm Madison Dearborn Partners were not disclosed.

Based in Andover, Massachusetts, Navisite's team of approximately 1,500 people 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, health care, life sciences and manufacturing.