Technology Holdings advises Axis Corporate on sale to Accenture

Axis Corporate has joined forces with Accenture, in a deal that was advised on by Technology Holdings.

Announced yesterday, Accenture has acquired Axis Corporate, a Spanish management consulting firm with around 110 staff specialized in the financial services sector. The firm has become part of Accenture’s Strategy & Consulting practice.

Commenting on the integration into the global consulting giant, Casimiro Gracia, Executive Chairman at Axis Corporate, said: “We have been a trusted partner to major financial services firms and other industries in Spain for almost 20 years, helping them to accelerate growth and operate more efficiently. By joining Accenture, our people can expand their skillsets and participate in new large-scale transformation programs, with clients worldwide.”

The sale process was guided by Technology Holdings, a global boutique investment bank with a presence in 11 countries across 4 continents, and a track record of closing transactions in 24 countries. Technology Holdings is particularly active in the consulting space.

Reflecting on the collaboration, Casimiro Gracia, Executive Chairman at Axis Corporate, stated: “Technology Holdings proved to be an exceptional advisor throughout the entire sale process. Their profound expertise in the management consulting and digital transformation space, along with deep connections within the buyer landscape globally, was invaluable to us throughout the process.”

“Their ability to identify the unique qualities and differentiating attributes of a management consulting firm like Axis Corporate was crucial to the success of the transaction. They provided insightful guidance at each stage, expertly navigated complex negotiations, and delivered on their promise of securing an outstanding result and Accenture as the best partner for our company. We’re extremely happy with the outcome and extend our heartfelt gratitude to the entire team for their unwavering support and dedication across all aspects of the deal.”

Vivek Subramanyam, Founder and CEO of Technology Holdings said, “We are delighted to have closed this key deal with Accenture – our 24th consulting deal. This deal exemplifies Technology Holdings’ extensive expertise in management consulting, business consulting and technology consulting with our capabilities spanning across every facet of this domain. We wish Axis Corporate every success in this strategic partnership with Accenture.”

Pablo Jorge, Associate Director for Southern Europe at Technology Holdings added, “We are thrilled with the successful outcome achieved for Axis Corporate and Accenture and extend our best wishes to the entire Axis Corporate team as they embark on the next phase of their journey with Accenture.

“This marks our 8th transaction in Southern Europe. The partnership between Axis Corporate and Accenture demonstrates the robust market outlook for management and technology consulting companies within the banking, financial services and insurance sectors.”