Accenture (NYSE: ACN) has completed its acquisition of SKS Group, a consulting firm that helps banks across Germany, Austria and Switzerland modernize their technology infrastructure and address regulatory requirements using SAP S/4HANA® solutions. Financial terms of the transaction, previously announced on January 10, were not disclosed.
SKS Group’s team of approximately 500 professionals join Accenture Technology. The acquisition further expands Accenture’s technology, consulting and regulatory services capabilities, while enhancing its ability to serve specialized banks, such as national promotional banks that provide financial and development assistance to local businesses and communities. The deal includes all of SKS Group’s businesses.
Sourced from Accenture