In a move designed to deepen its existing aviation capability, Accenture has completed its acquisition of the corporate advisory and consulting businesses of Seabury Group, a New York-based professional services firm focused on the aviation industry. Terms of the transaction are not being disclosed.
The transaction, first announced on January 19, 2017, adds Seabury’s corporate advisory practice focused on restructuring distressed aviation companies and Seabury’s consulting practice focused on fleet, network, commercial, maintenance, airports, cargo and human capital improvements, to Accenture’s existing aviation capability.
“Accenture continues to build great momentum as a leader in the aviation industry,” said Jonathan Keane, managing director of Accenture’s aviation practice. “The combination of Seabury’s highly regarded industry expertise, coupled with Accenture’s consulting capabilities and deep digital experience, will enable us to drive large-scale transformation for clients across the aviation industry.”
As part of this acquisition, Seabury Consulting, now part of Accenture, will bring approximately 120 professionals to the Accenture aviation practice. Seabury, with offices in the United States, Europe and Asia, was founded in 1995.
Full Article: Acccenture
Source : Acccenture