March 10, 2017
Accenture Completes Seabury Group Acquisition, Bolsters Corporate Advisory and Aviation Consulting Capabilities
NEW YORK; Mar. 10, 2017 – In a move designed to deepen its existing aviation capability, Accenture (NYSE: ACN) has completed its acquisition of the corporate advisory and consulting businesses of Seabury Group, a New York-based professional services firm focused on the aviation industry. Terms of the transaction are not being disclosed.
The transaction, first announced on January 19, 2017, adds Seabury’s corporate advisory practice focused on restructuring distressed aviation companies and Seabury’s consulting practice focused on fleet, network, commercial, maintenance, airports, cargo and human capital improvements, to Accenture’s existing aviation capability.
“Accenture continues to build great momentum as a leader in the aviation industry,” said Jonathan Keane, managing director of Accenture’s aviation practice. “The combination of Seabury’s highly regarded industry expertise, coupled with Accenture’s consulting capabilities and deep digital experience, will enable us to drive large-scale transformation for clients across the aviation industry.”
As part of this acquisition, Seabury Consulting, now part of Accenture, will bring approximately 120 professionals to the Accenture aviation practice. Seabury, with offices in the United States, Europe and Asia, was founded in 1995.
Accenture (NYSE: ACN) 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 more than 394,000 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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