Blueprint Partners acted as sole Financial Advisor of Cirruseo and its Founders
Paris – April 8th, 2019 – Blueprint Partners announces that Accenture (NYSE: ACN) has entered into exclusive negotiations to acquire Cirruseo, a leading pure-play Google Cloud services provider in France. The acquisition requires prior consultation with the relevant works councils and would be subject to customary closing conditions. Financial terms of the transaction are not being disclosed.
Cirruseo has nearly 100 highly skilled Google Cloud professionals and is a Google Cloud Premier Partner, as well as a certified trainer for Google Cloud technologies. Cirruseo provides consulting and implementation services for Google Cloud Platform and G Suite solutions. Since its creation in 2011, Cirruseo has helped more than 600 clients, including some of the largest French companies, define and execute their Google Cloud-based strategies.
Cirruseo would enhance Accenture’s end-to-end Intelligent Software Engineering and Intelligent Cloud & Infrastructure Services and will complement the existing capabilities of the Accenture Google Cloud Business Group, which is focused on developing industry based solutions in high-growth areas to accelerate clients’ adoption of Google Cloud.
The acquisition would strengthen Accenture’s expertise in Google Cloud in the French market and more broadly across Europe by enhancing its ability to help clients apply Google Cloud technologies in an industry-specific context, at speed and at scale.
“The addition of Cirruseo would be a significant step forward in our growth strategy in France, bringing a strong team of Google Cloud specialists to Accenture,” said Olivier Girard, Accenture’s Geographic Unit managing director for France and Benelux. Bhaskar Ghosh, group chief executive of Accenture Technology Services, added, “At a global level, the acquisition of Cirruseo would demonstrate Accenture’s commitment to investing in the skills and capabilities needed to help our clients apply new technologies to accelerate innovation and achieve business outcomes. Growing our Google Cloud capabilities enables Accenture to continue to bring the new to life for our global clients across industries, at scale, each and every day.”