Consulting M&A Weekly Round-up (29th to 4th November, 2023)

Good day everyone, and welcome back to another insightful weekly round-up of the latest consulting M&A news. As always, it is my pleasure to bring you this week's happenings from the buzzing world of mergers and acquisitions in consulting.

Despite this past week being a bit quieter than usual, we still have exciting news to cover, including Accenture's recent acquisition among others. So, let's take a deep dive into this week's updates and get an exclusive look at all the latest developments from the world of consulting M&A.

#1. Accenture buys supply chain specialist OnProcess Technology

Accenture has officially entered into an agreement to purchase OnProcess Technology, a company headquartered in Boston that specializes in supply chain managed services.

Established in 1998, OnProcess is a leading expert in reverse logistics, focusing on the post-sales process. Their Agora software-as-a-service platform leverages automation and artificial intelligence to improve visibility throughout the entire journey from planning to asset recovery.

OnProcess successfully manages a staggering 20 million service orders and return transactions each year, spanning across more than 110 countries. The company boasts a workforce of over 1,500 employees distributed across the United States, Costa Rica, Bulgaria, and India.

OnProcess is known for providing invaluable support to clients in various industries, including communications, media and technology, medical devices, logistics, and manufacturing.

Accenture's acquisition of OnProcess represents a strategic move to bolster its expertise in asset recovery and service supply chain management, thus elevating its overall supply chain capabilities.

#2. Defence consultancy Terra Schwartz acquired by The APP Group

The APP Group, a nationwide engineering and projects delivery business, has recently completed the acquisition of Terra Schwartz, a Canberra-based defense consultancy.

Established in 2017, Terra Schwartz is a specialized consultancy that caters to the defense sector, with a focus on providing services related to procurement, tender management, and contract management. The firm boasts a dedicated team of 50 professionals who serve clients in various sectors, including defense, national security, government, and law enforcement.

David Simpson, CEO of The APP Group, expressed enthusiasm about this development, stating, "We are thrilled about the prospects for expanding our Defense business and enhancing our end-to-end service offerings. This acquisition strengthens and diversifies our capabilities in areas such as procurement, commercial operations, workforce management, and contract management, particularly for complex Defense and federal government agency projects."

Mat Bradley, who leads The APP Group's Defense business, added, "This strategic investment significantly enhances our ability to collaborate with organizations within the defense sector. Leveraging the combined expertise of our multidisciplinary team, we are well-equipped to offer comprehensive support throughout the entire defense capability lifecycle, with a strong focus on delivering Australian-owned and operated solutions in line with industry best practices."

Closing Thoughts

And that’s a wrap for this week’s consulting M&A news. If I missed out on any deals, then please write to me and let me know. Meanwhile, take care and I will see you all again next week with another round-up. Cheers!