Accenture Announces Intent to Acquire Optimind, a Consulting Firm Specializing in Financial Services, Insurance and Compliance Risk Management

Accenture Announces Intent to Acquire Optimind, a Consulting Firm Specializing in Financial Services, Insurance and Compliance Risk Management
Acquisition would strengthen Accenture's capabilities in providing clients with quantitative and qualitative risk management and compliance services

PARIS; March 16, 2023 - Accenture (NYSE: ACN) has announced its intent to acquire Optimind, a Paris-based independent consulting firm that provides advisory services and solutions to help insurance firms, banks and large corporate clients to meet major challenges of competitiveness, transformation and regulation. Financial terms of the transaction are not being disclosed.

Founded in 2000, Optimind has more than 350 highly skilled professionals, including more than 110 actuaries, serving clients in France and Luxembourg.

Optimind, recipient of the 2022 EcoVadis Gold Medal for its corporate social responsibility policy, has built over the past two decades strong service offerings that cover the full spectrum of the risk management value chain: from strategy to finance, from quantitative modeling to compliance, from mapping to continuity plans. Olivier Girard, market unit lead for Accenture France & Benelux, said "The acquisition would complement Accenture's existing finance and risk management capabilities and further strengthen our ability to help clients successfully navigate disruption and drive enterprise value. We would be able to address the entire value chain and help our clients accelerate and scale their financial and compliance transformation projects. " Khalid Lahraoui, Financial Services Lead for Accenture France & Benelux, said: "The acquisition of Optimind would enhance our ability to help clients embrace change, accelerate transformation, unlock value, and build new and disruptive risk models. This acquisition would enhance Accenture's standing as one of the leading Strategy & Consulting firm for Financial Services clients, taking our innovative end-to-end solutions to new levels of speed and scale across Europe." Christophe Eberle, CEO and founder of Optimind, added, "Our people will provide expertise in qualitative, quantitative and administrative risk management services and solutions. Joining Accenture would allow us to expand our global footprint and create new business opportunities for our company and our people. Together, we could support our clients on a broader base at a time when business, financial and regulatory changes are about to change the historical balance and mean our clients need our support more than ever." The acquisition requires prior consultation with the relevant works councils and regulatory approval and would be subject to customary closing conditions.
About Accenture Accenture is a leading global professional services company that helps the world's leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services-creating tangible value at speed and scale. We are a talent and innovation led company with 738,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world's leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Accenture Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients succeed and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com.
Forward-Looking Statements 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," "aspires," "expects," "intends," "plans," "projects," "believes," "estimates," "positioned," "outlook," "goal," "target" and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance nor promises that goals or targets will be met, and involve a number of risks, uncertainties and other factors that are difficult to predict and could cause actual results to differ materially from those expressed or implied. 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Accenture plc published this content on 16 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 March 2023 09:18:32 UTC.