Accenture has agreed to acquire Sydney-headquartered strategy consulting firm Partners in Performance (PiP) for an undisclosed sum.
Accenture said the acquisition will strengthen its offering in industries such as metals and mining, oil and gas, utilities, and chemicals among others, by bolstering cost and productivity reinvention, delivery of capital projects, as well as accelerating energy transition and decarbonisation efforts.
PiP’s approximately 400 employees will join Accenture Strategy.
“Our focus has been on helping organisations have big lasting impact. We are excited to combine our joint strengths with Accenture for our clients across the world and to bring them even better lasting impact,” said Skipp Williamson, founder and managing director of PiP.
Founded in 1996, PiP uses data and AI to offer services covering capital projects, business improvement, digital transformation, energy transition, analytics, procurement and transactions.
With offices in New Zealand, the Americas, South Africa and the UK, the firm offers a change management platform called WiredUp, which it claims has over 15,000 users.
“The acquisition of Partners in Performance reflects our commitment to supporting asset intensive industries,” said Peter Burns, who leads Accenture’s business in Australia and New Zealand.
“It is an investment that will bring together Accenture’s expertise in operational technology and security with Partners in Performance’s business improvement capabilities, to deliver sustained change and drive productivity for our clients”.
PiP is Accenture's fifth Australian acquisition since December 2022. The company most recently acquired Melbourne-headquartered marketing technology consultancy The Lumery in March 2024.
“Asset-intensive clients need to pursue strategies for decarbonisation without compromising on business growth objectives,” said Stephanie Jamison, global resources industry practice lead and global sustainability services lead at Accenture.
“Partners in Performance’s expertise will be invaluable as we collaborate with clients to help them leverage digital capabilities and new ways of working to improve operational performance in areas such as supply chain, decarbonisation and capital projects.”