Accenture to acquire Maryville Consulting Group to expand tech strategy

NEW YORK - Accenture (NYSE:ACN), a prominent player in the IT Services industry with annual revenue of $68.5 billion, announced Monday it has agreed to acquire Maryville Consulting Group, a St. Louis-based technology consultancy specializing in product-driven growth strategy, digital operations, and technology business management. According to InvestingPro data, Accenture maintains a GOOD financial health score, positioning it well for strategic acquisitions.

The acquisition will add more than 100 professionals to Accenture’s workforce, enhancing the company’s capabilities to help clients align technology investments with business outcomes. Founded in 1994 as a family-owned digital transformation provider, Maryville Consulting Group will be integrated into Accenture’s North American operations. The move comes as Accenture, with its substantial market capitalization of $180.5 billion, continues to demonstrate strong operational efficiency with a 32% gross profit margin.

Maryville brings its proprietary Product Model framework, which assists companies in technology transformation through process redesign, enterprise alignment, and platform design. The firm also offers business management capabilities for portfolio-based budgeting and forecasting.

"This acquisition is a strategic step in our ongoing commitment to expanding our technology and digital transformation capabilities," said Keith Boone, Tech Strategy & Advisory Americas lead at Accenture, according to the press release.

Joey Blomker, managing director at Maryville Consulting Group, stated that joining Accenture would allow the company to scale its mission of helping organizations align technology with business outcomes.

The acquisition is expected to strengthen Accenture’s position in the growing Technology Strategy Market and enhance service offerings across all of its Industry Groups. Maryville’s partnerships with technology leaders like Apptio and ServiceNow will complement Accenture’s existing relationships.

The transaction, which is subject to customary closing conditions including required antitrust clearances, will also bring Maryville’s roster of Fortune 500 clients to Accenture.

Financial terms of the acquisition were not disclosed in the company’s statement. Currently trading near its 52-week low, Accenture shows strong fundamentals with a 21-year track record of consistent dividend payments. For deeper insights into Accenture’s valuation and growth potential, including exclusive ProTips and comprehensive financial analysis, visit InvestingPro, where you’ll find detailed research reports and expert recommendations.

In other recent news, Accenture plc reported notable developments that are capturing investor attention. The company experienced a fiscal third-quarter earnings beat and raised its full-year 2025 guidance, although bookings declined by 6% in the quarter ended May 2025. Despite this, UBS reiterated its Buy rating with a $395 price target, citing Accenture’s growth potential in AI. The acquisition of SYSTEMA, a German software solutions provider, further strengthens Accenture’s capabilities in manufacturing automation, particularly in high-tech industries. UBS’s confidence in Accenture’s AI growth is reflected in its maintained Buy rating.

Additionally, Accenture formed a strategic partnership with Palantir Technologies through its subsidiary, Accenture Federal Services, to implement AI-powered solutions for U.S. federal government customers. Analyst firm Evercore ISI initiated coverage of Accenture with an Outperform rating, highlighting the company’s strong positioning in the AI-led technology transition. Stifel also maintained its Buy rating, praising Accenture’s management quality despite market challenges. These recent developments underscore Accenture’s strategic moves in the technology and consulting sectors.

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