About This Deal

Accenture plc acquired Novetta, a transaction completed in August 2021.

Novetta operates in Federal Services, is based in McLean, Virginia, USA. Novetta, based in McLean, Virginia, was an advanced-analytics company of roughly 1,300 engineers, data scientists and machine-learning, cyber and cloud specialists serving U.S. defense, intelligence and law-enforcement missions. Accenture Federal Services acquired it to scale its analytics and emerging-technology capabilities in the national-security sector.

Novetta added expanded capabilities, broad federal client relationships and unique mission assets that complement Accenture Federal Services' national-security work.

Accenture Federal Services

Deal Terms

Acquirer
Accenture plc
Target
Novetta
Value
Not disclosed
Date
August 2021
Type
Full acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
McLean, Virginia, USA
Segment
Federal Services
Announced
June 1, 2021
Closed
August 19, 2021

In Their Words

Novetta will bring expanded capabilities, broad client relationships, and unique assets that complement our work in the national security sector and add greater scale to our digital capabilities.John Goodman, CEO, Accenture Federal Services
I am extremely excited about joining Accenture Federal Services. Because of our deep commitment to our staff and customers, it was critical to find the right fit, and AFS is an ideal home.Tiffanny Gates, President and CEO, Novetta

Advisors

Advisory firms were not disclosed for this transaction.

Sources: Press release ↗

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