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Accenture to acquire Partners in Performance to boost capability

Thu, 23rd May 2024

Accenture has agreed to acquire Partners in Performance, a global strategy consulting firm known for enhancing business performance in asset-intensive industries using data and artificial intelligence (AI). This acquisition aims to expand Accenture's service offerings to industries such as metals and mining, oil and gas, utilities, and chemicals, particularly focusing on cost and productivity improvements, capital project delivery, and supporting energy transition and decarbonisation initiatives.

Partners in Performance has demonstrated a strong capability to deliver sustainable value to clients in these industries. By leveraging proprietary data, benchmarks, and advanced analytics tools, the firm has helped C-suite leaders achieve long-term growth and resilience. This expertise will now be integrated into Accenture Strategy, strengthening Accenture’s operational technology and security offerings.

Peter Burns, who leads Accenture’s business operations in Australia and New Zealand, stated that the acquisition underscores Accenture's commitment to supporting asset-intensive industries. "It is an investment that will combine Accenture’s expertise in operational technology and security with Partners in Performance’s business improvement capabilities, delivering sustained change and increasing productivity for our clients," Burns said.

Founded in Melbourne in 1996, Partners in Performance has approximately 400 employees and operates across five continents. The firm has earned recognition as one of Australia’s most innovative companies and is noted for helping clients meet their sustainability goals.

Stephanie Jamison, Global Resources Industry Practice Lead and Global Sustainability Services Lead at Accenture, emphasised the importance of Partners in Performance’s expertise. "Asset-intensive clients need to pursue decarbonisation strategies without compromising on business growth objectives. Partners in Performance's knowledge will be invaluable as we work with clients to leverage digital capabilities and new ways of working to improve operational performance in areas such as supply chain, decarbonisation, and capital projects," she stated.

Skipp Williamson, Founder and Managing Director of Partners in Performance, expressed enthusiasm for the merger: "Our focus has been on helping organisations achieve significant lasting impact. We are excited to combine our strengths with Accenture for our worldwide clients and to deliver even more substantial and enduring results."

 

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