You’ll find below a couple of links with regards to this massive $375m acquisition in the Procurement Outsourcing arena:
October 3rd 2013: Accenture procures procurement’s prize property: Procurian – Enterpise irregular
October 3rd 2013 : Accenture Agrees to Acquire ICG Group Procurement Unit for $375 Million – wall street Journal
October 9th 2013 : Supply Chain News: Giant Accenture Roils Procurement Outsourcing Market with Acquisition of Procurian – SCDigest
In a nutshell, this acquisition means:
- Accenture becomes the leading Procurement BPO Service provider on the Market, doubling its size from a revenue perspective
- Accenture is owning the broadest category, supplier, market intelligence and knowledge available on the market
- Unmatched depth and breadth of Sourcing and Procurement capabilities (infrastructure, delivery centers, resources, tools, processes, market intelligence), worldwide