decor decor
"Without big data analytics, companies are blind and deaf, wandering out onto the web like deer on a freeway."

-Geoffrey Moore

Accenture to Acquire Oracle Platinum Partner Enkitec

martinwolf Transaction Analysis
Financial Information Not Disclosed

 Transaction Facts

  • Accenture (NYSE:ACN), a leading global management consulting and IT services company, announced today that it was acquiring Enkitec, a leading Oracle Exadata integrator and Platinum Partner.
  • The announcement, which did not disclose any financial information, stated that Enkitec’s employees will join Accenture’s Oracle team as a separate unit.
  •  Enkitec, founded in 2004, most recently acquired Oracle Application Express (APEX) provider Sumneva in 2012.

In the Right Place at the Right Time

  • Niche Appeal: This deal shows the value of specialized Oracle partners that stay current with the new trends in the market. Enkitec has fewer than 100 employees compared to Accenture’s more than 50,000 employees focused on Oracle alone – but their unique skill set made them a valuable asset. 
  • Mutual Benefits: Enkitec will be kept as a separate unit, bringing with it unique assets such as its Engineered Systems Lab and highly skilled team. Paired with Accenture’s resources and support, Enkitec will be able to win bigger projects and expand its support capabilities to better serve Accenture’s broad client base.
  • Continued Investment in Analytics: The acquisition further strengthen’s Accenture’s analytics and database tools offerings, particularly through the acquisition of team members experienced with Oracle Exadata and APEX offerings. This acquisition comes on the same day Accenture announced the completion of its acquisition of i4C Analytics, an analytics software platform provider based in Italy.

For more information, click here for the press release. martinwolf was not the advisor in this transaction.

previous post Back to Articles next post

24 Jan 2022

Tailwind Capital Sells AST Corp. to Recognize Partners

Financial Information ($USD) Not Disclosed  Transaction Details Tailwind Capital today announced it has completed its sale of AST Corporation to Recognize Partners, a technology services focused investment platform. Financial information was not disclosed. AST, a leading cloud and digital transformation solutions provider, simultaneously announced the deal, categorizing it as a strategic investment by Recognize to enable AST to accelerate investment in innovation,...

03 Jan 2022

Office Depot Sells CompuCom Systems

 Financial Information ($USD) Transaction Value: ~ $305 million Enterprise Value: $1.72 billion EV/LTM Revenue: 0.19x EV/LTM EBITDA: 3.85x  Transaction Details The ODP Corporation (NASDAQ: ODP) announced that it has sold its CompuCom Systems subsidiary to an affiliate of Variant Equity in a transaction valued up to $305 million. The transaction consideration of up to $305 million consists...

29 Dec 2021

Happy Holidays – The 2021 martinwolf Annual Letter

Dear Clients, Partners, and Friends of martinwolf M&A Advisors,   I hope you all are having an enjoyable holiday season with family and friends.   It’s been my tradition in this annual end-of-year letter to spend time reflecting on the past year, and to look forward to what the next year holds for us. We have plenty...