February 03, 2014
Accenture Completes Acquisition of ClientHouse, Expanding Its Salesforce Capabilities in Europe
JENA, Germany; Feb. 3, 2014 – In a strategic move to expand its Salesforce capabilities in Europe, Accenture (NYSE: ACN) has completed its acquisition of ClientHouse, an independent provider of salesforce.com and Veeva Systems solutions based in Jena, Germany. The acquisition, announced on Jan. 20, 2014, will strengthen Accenture’s position as a leading global provider of Salesforce implementation services and as a global leader in Software as a Service (SaaS) implementations.
As a result of the acquisition, ClientHouse’s employees are now part of Accenture’s global SaaS business where they will work closely with Accenture’s global industry groups to deliver SaaS development, implementation, and training services to clients in life sciences and other industries. ClientHouse’s office in Jena will serve as a center of excellence and training for Accenture clients as well as its staff of professionals, continuing to host one of the longest-standing Salesforce training centers in Europe.
Jack Ramsay, Accenture’s Emerging Technologies Delivery lead for Europe, Middle East, Africa and Latin America, said: “With the acquisition of ClientHouse complete, we’re now starting to work with our new highly-skilled colleagues who will enhance our market-leading capabilities in Salesforce and SaaS implementation services in Germany and Europe. We intend to take advantage of this acquisition to help fuel the growth of our global SaaS business across a range of industries including life sciences, biotech and high-tech companies.”
Tobias Ortwein, senior vice president, Project Services, Pierre Audoin Consultants (PAC), commented: “The acquisition of ClientHouse marks another milestone in Accenture‘s strategy to secure access to local expertise and skills. As a small but superb Salesforce boutique provider, ClientHouse has expertise in a market offering the potential for significant growth: PAC estimates the European market for Salesforce consulting and implementation services will see annual growth rates of 45 percent until 2017.”
Accenture is recognized by an independent industry analyst firm as the global leader in Salesforce implementation services and is the leading service provider on many of salesforce.com’s largest transformational projects. Accenture has more than 2,400 people skilled in Salesforce.
Accenture is a global management consulting, technology services and outsourcing company, with approximately 281,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$28.6 billion for the fiscal year ended Aug. 31, 2013. Its home page is www.accenture.com.
Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and similar expressions are used to identify these forward-looking statements. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. 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the company’s ability to attract and retain business and employees may depend on its reputation in the marketplace; the company might not be successful at identifying, acquiring or integrating businesses or entering into joint ventures; the company’s profitability could suffer if its cost-management strategies are unsuccessful, and the company may not be able to improve its profitability through improvements to cost-management to the degree it has done in the past; many of the company’s contracts include payments that link some of its fees to the attainment of performance or business targets and/or require the company to meet specific service levels, which could increase the variability of the company’s revenues and impact its margins; changes in the company’s level of taxes, and audits, investigations and tax proceedings, or changes in the company’s treatment as an Irish company, could have a material adverse effect on the company’s results of operations and financial condition; if the company is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; if the company is unable to collect its receivables or unbilled services, the company’s results of operations, financial condition and cash flows could be adversely affected; the company’s share price and results of operations could fluctuate and be difficult to predict; the company’s results of operations and share price could be adversely affected if it is unable to maintain effective internal controls; any changes to the estimates and assumptions that the company makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; the company may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent annual report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.
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Peter Y. Soh
+ 703 947 2571
Jens R. Derksen
+ 49 30 89047 61393