Accenture acquires consulting management company Comtech Group

Accenture, a leading global professional services company, has acquired Comtech Group. The companies did not disclose the terms of the deal. The move follows Accenture’s recent acquisition of Anser Advisory, a prominent advisory and management firm specializing in infrastructure projects within the United States. Furthermore, this acquisition has strengthened Accenture’s abilities in managing capital projects in North America.

David Morgenstern, president of Accenture in Canada, commented:

“We are expanding our capabilities at a time that Canada is committing to major infrastructure projects. Our country has deep roots in manufacturing, process and engineering industries. We are also home to leading organizations in AI, automation and robotics. Comtech Group will enhance our ability to bring value and productivity to clients in this evolving landscape.”

Headquartered in Toronto, Comtech Group has offices in Canada and the United States. The company helps its clients, who range from transportation, infrastructure, industrial manufacturing, building, and power and utility companies in the public and private sectors, deliver large, long-term infrastructure projects. These projects include urban transportation, automotive manufacturing processes, renewable and nuclear power, and building rehabilitation. Moreover, its staff combines consulting and project management skills in construction management, facility and manufacturing engineering, and process control automation.

Hugo Blasutta, president and CEO of Comtech Group, said:

“Comtech Group has an established track record supporting some of Canada’s most complex, large-scale infrastructure programs. As part of Accenture, we can deliver our proven solutions to even more clients in more industries. We are excited about Accenture’s commitment to innovation as shown in its recent $3 billion investment in AI. Joining this world-leading organization will also offer exciting new opportunities to our people.”

Accenture assists top businesses, governments, and organizations by improving their digital foundations, streamlining operations, boosting revenue, and enhancing citizen services. Furthermore, the company blends its technological prowess and leadership in cloud, data, and AI with unparalleled industry knowledge, functional expertise, and worldwide delivery capability. Accenture also helps clients develop smarter, more efficient infrastructure for energy transition, transportation, and production from the outset.

With the help of Comtech Group, Accenture is able to expand its capital project capabilities in Canada. These include:

• Project structuring, estimating, and planning
• Digitization
• Monitoring the work being done
• Assisting clients in managing and executing all phases of projects

Aaron Saint, North America lead for Industry X at Accenture, said:

“With Comtech Group, we will help our clients deliver mission-critical infrastructure projects on time and on budget. This requires industry expertise, ‘boots on the ground’ know-how, and increasingly, artificial intelligence (AI) and other digital capabilities to better plan, measure and monitor how these projects are executed. By combining Accenture and Comtech Group capabilities, we can better help deliver on our clients’ ambitious infrastructure programs.”