Accenture Increases Strategy Capabilities with The Beacon Group Acquisition
The Beacon Group, a growth strategy consulting company serving Fortune 500 organisations in the technology, aerospace, industrial, healthcare, and life sciences sectors, has been bought by Accenture.
The deal’s financial details weren’t made public.
More than 60 growth strategy, market modelling, and mergers and acquisitions (M&A) advice professionals from Beacon will join Accenture Strategy.
Insights into the market and scalable solutions to carry out corporate changes at scale are the driving forces behind the purchase, which deepens Accenture’s capabilities to support C-suite leaders in making fact-based decisions for targeting, segmentation, and routes to growth.
Beacon is a company that was established in 2001 and has its offices in Portland, Maine. Its unique methodology combines rigorous modelling methodologies with specialised market research and strategy consulting to help its clients develop practical growth strategies.
Beacon assists the biggest firms in the world in introducing new services, products, technology, and business models with a focus on new growth initiatives.
Beacon’s market modelling service offers clients additional transparency as they work via customised forecasting of the present and potential markets served, in addition to its traditional growth strategy advice work.
Utilizing data and insights from 400 market segments, 16 geographic regions, and 15 vertical markets, the company’s scalable platform creates interactive personalised forecast market models.
Beacon also offers focused help for corporate and private equity clients through its M&A advising services, which include developing strategic acquisition road maps, locating and vetting suitable target candidates, and delivering quick target and market due diligence.
Accenture’s M&A Consulting Services, which assist clients in generating value through inorganic growth strategies, are now even stronger as a result of the acquisition.
