Accenture acquires Partners in Performance for strategic growth
Accenture has announced its acquisition of Partners in Performance, a global strategy consulting firm known for enhancing business performance in asset-intensive industries through data and AI capabilities. This move aims to bolster Accenture's offerings to industries such as metals and mining, oil and gas, utilities, and chemicals by improving cost and productivity reinvention, delivering capital projects, and accelerating energy transition and decarbonisation efforts.
Partners in Performance, founded in Melbourne in 1996, has been recognised for its innovation and its role in helping clients achieve sustainability targets. The firm's expertise lies in delivering sustainable value and aiding C-suite leaders in generating long-term growth through proprietary data, benchmarks, and advanced analytics tools.
Peter Burns, who leads Accenture's business in Australia and New Zealand, stated that the acquisition reflects Accenture's commitment to supporting asset-intensive industries. He noted that the integration would combine Accenture's expertise in operational technology and security with Partners in Performance's business improvement capabilities, aimed at delivering sustained change and driving productivity for clients.
Stephanie Jamison, global resources industry practice lead and global sustainability services lead at Accenture, emphasised the importance of decarbonisation strategies that do not compromise business growth objectives. She highlighted that Partners in Performance's expertise would be invaluable in leveraging digital capabilities and new ways of working to enhance operational performance in areas like supply chain, decarbonisation, and capital projects.
Skipp Williamson, founder and managing director at Partners in Performance, expressed excitement about combining strengths with Accenture to create lasting impacts for clients worldwide. The firm's approximately 400 employees will join Accenture Strategy, continuing to operate across five continents.
The terms of the transaction have not been disclosed. The completion of the acquisition is subject to customary closing conditions, including the receipt of regulatory approvals. The acquisition aims to enhance Accenture's mission of innovative solutions and sustainable growth for asset-intensive clients.