Wednesday, December 18, 2024

Accenture to Acquire IQT Group, Bolstering Net-Zero Infrastructure Capabilities in Major Italian Deal

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Accenture (NYSE: ACN) has announced plans to acquire IQT Group, an Italian engineering managed services provider specializing in large infrastructure projects. The acquisition will merge Accenture’s generative AI and digital capabilities with IQT Group’s infrastructure expertise to enhance net-zero project execution.

IQT Group, based in Rovigo, Italy, focuses on designing and supervising net-zero infrastructure projects for electricity generation and transmission. The company’s more than 450 consultants and engineers will join Accenture’s Industry X infrastructure and capital projects practice in Italy. IQT Group has been actively supporting Italy’s clean energy transition under the EU’s National Recovery and Resilience Plan (PNRR).

This acquisition follows Accenture’s strategic expansion in infrastructure services, including recent acquisitions of Anser Advisory, Comtech, and BOSLAN. Financial terms were not disclosed, and the deal awaits antitrust clearance.

Accenture (NYSE: ACN) ha annunciato piani per acquisire IQT Group, un fornitore italiano di servizi di ingegneria gestita specializzato in grandi progetti infrastrutturali. L’acquisizione fonderà le capacità di intelligenza artificiale generativa e digitali di Accenture con l’expertise infrastrutturale di IQT Group per migliorare l’esecuzione dei progetti net-zero.

IQT Group, con sede a Rovigo, Italia, si concentra sulla progettazione e supervisione di progetti infrastrutturali net-zero per la generazione e trasmissione di energia elettrica. I più di 450 consulenti e ingegneri dell’azienda si uniranno alla pratica di Accenture dedicata a Industry X, infrastrutture e progetti di capitale in Italia. IQT Group ha attivamente supportato la transizione verso l’energia pulita dell’Italia sotto il Piano Nazionale di Ripresa e Resilienza (PNRR) dell’UE.

Questa acquisizione segue l’espansione strategica di Accenture nei servizi infrastrutturali, comprese le recenti acquisizioni di Anser Advisory, Comtech e BOSLAN. I termini finanziari non sono stati rivelati e l’accordo è in attesa di approvazione antitrust.

Accenture (NYSE: ACN) ha anunciado planes para adquirir IQT Group, un proveedor italiano de servicios de ingeniería gestionados especializado en grandes proyectos de infraestructura. La adquisición combinará las capacidades de inteligencia artificial generativa y digitales de Accenture con la experiencia en infraestructura de IQT Group para mejorar la ejecución de proyectos neto cero.

IQT Group, con sede en Rovigo, Italia, se centra en el diseño y supervisión de proyectos de infraestructura neto cero para la generación y transmisión de electricidad. Los más de 450 consultores e ingenieros de la empresa se unirán a la práctica de infraestructura y proyectos de capital de Accenture en Italia. IQT Group ha estado apoyando activamente la transición energética limpia de Italia bajo el Plan Nacional de Recuperación y Resiliencia (PNRR) de la UE.

Esta adquisición sigue la expansión estratégica de Accenture en servicios de infraestructura, incluidas las recientes adquisiciones de Anser Advisory, Comtech y BOSLAN. No se divulgaron los términos financieros, y el acuerdo está a la espera de la aprobación antimonopolio.

악센츄어 (NYSE: ACN)는 이탈리아의 대형 인프라 프로젝트를 전문으로 하는 관리형 서비스 제공업체 IQT 그룹을 인수할 계획을 발표했습니다. 이번 인수로 악센츄어의 생성 AI 및 디지털 역량과 IQT 그룹의 인프라 전문성을 결합하여 넷 제로(Net-Zero) 프로젝트 실행을 강화할 것입니다.

이탈리아 로비고에 본사를 두고 있는 IQT 그룹은 전력 생성 및 송신을 위한 넷 제로 인프라 프로젝트의 설계 및 감독에 중점을 두고 있습니다. 이 회사의 450명 이상의 컨설턴트와 엔지니어가 이탈리아의 악센츄어 인더스트리 X 인프라 및 자본 프로젝트 부문에 합류할 것입니다. IQT 그룹은 EU의 국가 회복 및 회복 계획(PNRR) 하에 이탈리아의 청정 에너지 전환을 적극 지원해 왔습니다.

이번 인수는 악센츄어의 인프라 서비스 전략적 확장의 일환으로, 최근 Anser Advisory, Comtech, BOSLAN을 인수한 바 있습니다. 재무 조건은 공개되지 않았으며, 거래는 공정 거래 승인 대기 중입니다.

Accenture (NYSE: ACN) a annoncé des projets d’acquisition de IQT Group, un fournisseur italien de services d’ingénierie gérés spécialisé dans les grands projets d’infrastructure. Cette acquisition combinera les capacités d’intelligence artificielle générative et numériques d’Accenture avec l’expertise en infrastructure d’IQT Group pour améliorer l’exécution des projets net-zéro.

IQT Group, basé à Rovigo, en Italie, se concentre sur la conception et la supervision de projets d’infrastructure net-zéro pour la génération et la transmission d’électricité. Les plus de 450 consultants et ingénieurs de l’entreprise rejoindront la pratique infrastructure et projets d’investissement d’Accenture en Italie. IQT Group a soutenu activement la transition énergétique propre de l’Italie dans le cadre du Plan National de Relance et de Résilience (PNRR) de l’UE.

Cette acquisition s’inscrit dans l’expansion stratégique d’Accenture dans les services d’infrastructure, y compris les récentes acquisitions d’Anser Advisory, Comtech et BOSLAN. Les modalités financières n’ont pas été divulguées, et l’accord attend l’homologation des autorités antitrust.

Accenture (NYSE: ACN) hat Pläne angekündigt, IQT Group zu akquirieren, einen italienischen Anbieter für Ingenieurdienstleistungen, der auf große Infrastrukturprojekte spezialisiert ist. Die Übernahme wird die generativen KI- und digitalen Fähigkeiten von Accenture mit dem Infrastrukturwissen der IQT Group verbinden, um die Umsetzung von Net-Zero-Projekten zu verbessern.

Die IQT Group hat ihren Sitz in Rovigo, Italien, und konzentriert sich auf die Planung und Überwachung von Net-Zero-Infrastrukturprojekten zur Stromerzeugung und -übertragung. Die mehr als 450 Berater und Ingenieure des Unternehmens werden sich der Infrastruktur- und Kapitalprojektpraxis von Accenture in Italien anschließen. Die IQT Group hat aktiv den Übergang Italiens zu sauberer Energie im Rahmen des EU-Rettungs- und Resilienzplans (PNRR) unterstützt.

Diese Übernahme folgt auf die strategische Expansion von Accenture im Bereich Infrastrukturservices, einschließlich der kürzlichen Akquisitionen von Anser Advisory, Comtech und BOSLAN. Finanzielle Bedingungen wurden nicht bekannt gegeben und die Transaktion wartet auf die Genehmigung durch die Wettbewerbsbehörden.











MILAN–(BUSINESS WIRE)–
Accenture (NYSE: ACN) has agreed to acquire IQT Group, a provider of engineering managed services for large infrastructure projects, based in Rovigo, Italy. The acquisition will combine Accenture’s generative AI and digital capabilities with IQT Group’s infrastructure projects expertise to help clients plan, execute and manage net-zero infrastructure projects more efficiently.

Accenture has agreed to acquire IQT Group, a provider of engineering managed services for large infrastructure projects, based in Rovigo, Italy. (Graphic: Business Wire)

IQT Group focuses on designing and supervising net-zero infrastructure projects for electricity generation and transmission. The company works closely with utility providers, helping both private and public organizations build and modernize integrated electricity and water networks. It also supports maximizing energy efficiency of industrial and commercial sites, and designs and manages networks for telecom operators.

IQT Group’s recent projects have supported Italy’s clean energy transition under the EU’s National Recovery and Resilience Plan (PNRR), which aims to modernize Italy’s infrastructure and enhance energy efficiency for a net-zero future.

The company’s services cover planning and execution of infrastructure projects, from conducting feasibility studies, handling environmental planning and permits, and setting technical specs, to ensuring efficiency, safety and sustainability throughout the project. Its more than 450 consultants and engineers will join Accenture’s growing infrastructure and capital projects practice within Industry X in Italy.

Teodoro Lio, CEO of Accenture Italy and Market Unit Lead of Italy, Central Europe and Greece, said: “The proposed acquisition of IQT Group confirms our intention to further strengthen our position in Italy by enhancing our engineering expertise and the services related to the implementation of strategic net-zero infrastructure projects. Our teams aim to support public and private companies in the utilities, energy and telecommunications sectors with digital tools to make their projects more efficient and productive. Ultimately, we will help them build a lower-carbon energy system, which will not only reduce the carbon footprint of utilities but also of the industrial value chain it powers.”

Andrea Cavecchia, CEO of IQT Group, said: “Our expertise in engineering services for electricity, water and telecommunications infrastructure and industrial and commercial sites combined with Accenture’s global reach and digital capabilities, will allow us to expand our services and offer even greater value to our clients. Together we will pursue a sustainable future, built on smart strategic infrastructure to enhance the quality and safety of people’s lives.”

Accenture has been strategically expanding its infrastructure and capital projects capability globally and in Europe. Last year, it acquired U.S. advisory and management company Anser Advisory and consulting and Canadian program management company Comtech, and is now the seventh-largest professional services firm for infrastructure and capital projects in North America. Earlier this year, Accenture made its first acquisition in this space in Europe with BOSLAN in Spain, a management services provider focused on net-zero infrastructure.

Accenture’s recent acquisitions in Italy include Fibermind, a network services company; Intellera Consulting, with expertise in the national consulting market dedicated to the innovation of Public Administration; Ammagamma, a consulting company with Italian excellence in innovation related to Artificial Intelligence (AI); and Customer Management IT and SirfinPA, two companies offering innovative services and technological solutions in the fields of Justice and Public Security.

The terms of the transaction were not disclosed, and the acquisition is subject to customary closing conditions, including antitrust clearances.

Forward-Looking Statements

Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “aspires,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook,” “goal,” “target” and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance nor promises that goals or targets will be met, and involve a number of risks, uncertainties and other factors that are difficult to predict and could cause actual results to differ materially from those expressed or implied. These risks include, without limitation, risks that: Accenture and IQT Group will not be able to close the transaction in the time period anticipated, or at all, which is dependent on the parties’ ability to satisfy certain closing conditions; the transaction might not achieve the anticipated benefits for Accenture; Accenture’s results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and geopolitical conditions and the effects of these conditions on the company’s clients’ businesses and levels of business activity; Accenture’s business depends on generating and maintaining client demand for the company’s services and solutions including through the adaptation and expansion of its services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving technological environment could materially affect the company’s results of operations; risks and uncertainties related to the development and use of AI could harm the company’s business, damage its reputation or give rise to legal or regulatory action; if Accenture is unable to match people and their skills with client demand around the world and attract and retain professionals with strong leadership skills, the company’s business, the utilization rate of the company’s professionals and the company’s results of operations may be materially adversely affected; Accenture faces legal, reputational and financial risks from any failure to protect client and/or company data from security incidents or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; Accenture’s ability to attract and retain business and employees may depend on its reputation in the marketplace; if Accenture does not successfully manage and develop its relationships with key ecosystem 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 materially suffer due to pricing pressure, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies or fail to satisfy certain agreed-upon targets or specific service levels; changes in Accenture’s level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company’s effective tax rate, results of operations, cash flows and financial condition; Accenture’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; Accenture’s debt obligations could adversely affect its business and financial condition; changes to accounting standards or in the estimates and assumptions Accenture makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; as a result of Accenture’s geographically diverse operations and strategy to continue to grow in 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 might be unable to achieve its business objectives; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; Accenture’s business could be materially adversely affected if the company incurs legal liability; Accenture’s global operations expose the company to numerous and 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 upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading 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. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.

About Accenture

Accenture is a leading global professional services company that helps the world’s leading organizations build their digital core, optimize their operations, accelerate revenue growth and enhance services—creating tangible value at speed and scale. We are a talent- and innovation-led company with 774,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at accenture.com.

Copyright ©2024 Accenture. All rights reserved. Accenture and its logo are registered trademarks of Accenture.

Jens Derksen

Accenture

+49 1755761393

jens.derksen@accenture.com

Armando Barone

Accenture

+39 348 5608969

armando.barone@accenture.com

Source: Accenture








FAQ



How will Accenture’s acquisition of IQT Group impact its net-zero infrastructure capabilities?


The acquisition will enhance Accenture’s capabilities by combining its generative AI and digital expertise with IQT Group’s infrastructure project management experience, enabling more efficient planning and execution of net-zero infrastructure projects.


What is IQT Group’s role in Italy’s clean energy transition?


IQT Group supports Italy’s clean energy transition through the EU’s National Recovery and Resilience Plan (PNRR), helping modernize infrastructure and improve energy efficiency for a net-zero future.


How many employees from IQT Group will join Accenture’s Industry X practice?


More than 450 consultants and engineers from IQT Group will join Accenture’s growing infrastructure and capital projects practice within Industry X in Italy.


What recent infrastructure-related acquisitions has ACN made before IQT Group?


Accenture recently acquired Anser Advisory and Comtech in North America, and BOSLAN in Spain, marking its first European infrastructure acquisition.


What services does IQT Group provide in the infrastructure sector?


IQT Group provides engineering managed services, including feasibility studies, environmental planning, permits, technical specifications, and project management for electricity, water, and telecommunications infrastructure projects.





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