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Accenture continues acquisition spree, buys European energy services firm

Jul. 21, 2015 12:18 PM ETAccenture plc (ACN) StockBy: Eric Jhonsa, SA News Editor
  • Accenture's (NYSE:ACN -0.4%) latest buyout target is EnergyQuote JHA, a London-based provider of energy management services for European firms. As usual, terms are undisclosed.
  • EnergyQuote has 279 employees in Europe and India. Offered services include energy procurement, forecasting, emissions reduction, and risk, contract, portfolio, and utility bill management. Accenture asserts the purchase will extend its "industry-leading position in the procurement market and enhance [its] ability to provide comprehensive energy management services."
  • Yesterday, Accenture announced it's taking full ownership of its enterprise cloud/mobile services JV with BBVA.

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