Accenture to acquire George Group

Accenture said Gerge Group's client list includes Fortune 500 companies and government organisations and has clients in 54 countries.

The acquisition will enhance Accenture's ability to help clients become high-performance businesses through the addition of George Group's specialised expertise in process improvement techniques including Lean Six Sigma, an are in which it is regarded as an undisputed leader

George Group's consulting specialisation within process improvements include its properitory Fast Innovation, which provides companies with methods and processes to accelerate and sustain innovation, and Conquering Complexity, that helps companies measure and reduce the impact of complexity within their organisations -. another area in which its deployment strategies are considered an recognised authority

Following the acquisition, all of George Group's approximately 250 employees are expected to transition to Accenture, which is also recruiting aggressively to meet rapidly growing client demand for process-improvement solutions.

Mark Foster, Accenture's group chief executive, management consulting and integrated markets, said, "We have identified the areas of process excellence and next-generation process re-engineering as important elements of our plan for growth, and the addition of George Group's talented professionals, specialised techniques and expertise, and thought leadership will significantly expand our capabilities in these areas.

"The acquisition is a great strategic fit for both parties and reflects our commitment to grow our management consulting practice and build our expertise in this vital sector."