Accenture (NYSE: ACN) has announced a definitive agreement to acquire Partners In Performance, a globally recognized strategy consulting firm renowned for driving significant business performance enhancements within asset-intensive industries. This strategic acquisition is set to amplify Accenture’s capabilities in delivering unparalleled productivity improvements for clients operating in sectors such as metals and mining, oil and gas, utilities, and chemicals. By integrating Partners in Performance’s deep industry expertise and proprietary data-driven methodologies, Accenture is poised to further strengthen its cost and productivity reinvention offerings, optimize the execution of major capital projects, and accelerate clients’ journeys towards energy transition and decarbonization.
Partners in Performance has built a strong reputation for enabling sustainable value creation for organizations in asset-intensive sectors. Their approach focuses on partnering with C-suite executives to unlock long-term, profitable growth by fostering resilience and delivering lasting impact. This is achieved through the application of their unique data assets, industry benchmarks, and advanced analytics tools, providing clients with actionable insights and strategies for operational excellence.
“In an era defined by technological disruption and macroeconomic volatility, business leaders require strategic partners in performance who can navigate complexity and uncertainty,” stated Muqsit Ashraf, chief executive for Accenture Strategy. “The integration of Partners in Performance into Accenture Strategy will significantly enhance our strategic advisory and execution capabilities. Leveraging data and AI, we will empower our clients to achieve substantial improvements in both business and sustainability performance, across existing operations and within new capital programs.”
Approximately 400 professionals from Partners in Performance will be integrated into Accenture Strategy, enriching its global talent pool. Founded in Melbourne, Australia in 1996, Partners in Performance has expanded its footprint across five continents, establishing itself as a leader in performance consulting. The firm’s innovative approach has been recognized within Australia, and they have been lauded for their contributions to helping clients achieve ambitious sustainability goals.
Stephanie Jamison, global resources industry practice lead and global sustainability services lead at Accenture, emphasized the critical need for asset-intensive industries to balance decarbonization with business growth. “Our asset-intensive clients are committed to pursuing aggressive decarbonization strategies while simultaneously maintaining and enhancing business growth. Partners in Performance’s specialized expertise will be invaluable in our joint efforts to help clients harness digital capabilities and innovative work methodologies to significantly improve operational performance across critical areas, including supply chain optimization, decarbonization initiatives, and large-scale capital projects.”
Skipp Williamson, founder and managing director at Partners in Performance, expressed enthusiasm about the synergy and expanded impact of this acquisition. “Our core mission has always been to enable organizations to achieve significant and enduring impact. We are thrilled to unite our strengths with Accenture, creating a powerful combination that will deliver even greater and more lasting value for our clients worldwide.”
While the specific terms of the transaction remain undisclosed, the acquisition is subject to customary closing conditions, including necessary regulatory clearances. Upon completion, this acquisition will mark a significant step in Accenture’s ongoing commitment to providing comprehensive and impactful solutions for clients in asset-intensive industries, solidifying their position as [partners in performance] for organizations seeking to thrive in a dynamic and evolving global landscape.
