March 28, 2017
Accenture Completes Acquisition of First Annapolis, Enhancing its Consulting and Advisory Capabilities in Payments
NEW YORK; Mar. 28, 2017 – Accenture (NYSE: ACN) has completed its acquisition of First Annapolis, a privately held payments consulting and advisory firm that serves a wide range of clients globally, including leading financial institutions, retailers, travel and entertainment companies, communications/technology companies, and private-equity firms.
The acquisition expands Accenture’s consulting and digital capabilities in the payments sector. Terms of the transaction were not disclosed.
As part of this acquisition, First Annapolis, now part of Accenture, will bring approximately 80 professionals to the Accenture payments practice, primarily in North America. First Annapolis, headquartered in Annapolis, MD, was founded in 1991.
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With approximately 401,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.
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