DJIA51828.62 478.64
S&P 5007743.41 39.28
NASDAQ27068.72 129.34
Russell 20002837.55 1.98
German DAX25408.64 142.11
FTSE 10010695.25 15.26
CAC 408077.80 -3.63
EuroStoxx 506298.15 25.20
Nikkei 22566364.20 850.21
Hang Seng24510.09 -251.04
Shanghai Comp3888.37 -48.15
KOSPI7080.92 63.01
Bloomberg Comm IDX144.32 -1.62
WTI Crude-fut97.47 -2.49
Brent Crude-fut92.44 -1.85
Natural Gas3.25 -0.03
Gasoline-fut3.20 -0.12
Gold-fut4320.50 12.30
Silver-fut64.71 0.52
Platinum-fut1800.80 32.60
Palladium-fut1277.50 2.50
Copper-fut6.78 0.01
Aluminum-spot3195.00 0.00
Coffee-fut278.10 1.50
Soybeans-fut1320.00 3.50
Wheat-fut704.00 -1.75
Bitcoin84117.52 -69.89
Ethereum USD2693.28 10.46
Litecoin73.17 2.08
Dogecoin0.10 0.00
EUR/USD1.1381 -0.0007
USD/JPY158.79 0.50
GBP/USD1.3212 -0.0029
USD/CHF0.8289 0.0040
USD IDX101.04 -0.22
US 10-Yr TR5.167 0.005
GER 10-Yr TR3.6061 -0.0171
UK 10-Yr TR5.3528 -0.0129
JAP 10-Yr TR3.077 -0.005
Fed Funds4 0
SOFR3.88 0.01
High-rise commercial buildings

Sub Markets

Topics

Direct Investment  + M&As  | 
Accenture to Buy Anser Advisory, Expand Capital Projects Services

Accenture to Buy Anser Advisory, Expand Capital Projects Services

Accenture has agreed to acquire Anser Advisory, a Santa Ana, CA-headquartered consulting firm that provides advisory, compliance and management services for infrastructure projects, from Sterling Investment Partners.

Financial terms of the deal were not disclosed.

Founded in 1996, Anser advises capital project owners on how to structure, estimate, and plan projects; monitor the work being done; and manage and execute all phases of projects. The firm is increasingly working on clean energy initiatives across sustainability programs, fleet electrification, and energy transmission, distribution and storage.

“Clients engage Anser Advisory as a trusted advisor to minimize risk and maximize outcomes when they invest in critical infrastructure. By joining Accenture, we will be able to provide new value and scale to our clients to support their missions and opportunities for our people to grow their careers at one of the world’s most prestigious companies,” said Bryan Carruthers, Anser Advisory CEO.

The acquisition will expand Accenture’s capital project capabilities and move the consultancy into an adjacent business with an estimated $88 billion addressable market in North America.

Recent acquisitions by Accenture include Eclipse Automation, a provider of customized manufacturing automation and robotics solutions; umlaut, a global engineering services provider; and Advoco, an asset management services provider.

Connect

Inside The Story

AccentureAnser Advisory

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.