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Accenture to acquire Australian-headquartered Partners in Performance

Accenture PiP

Accenture has agreed to buy global strategy consulting firm Partners in Performance (PiP) for an undisclosed sum, in a move that it says will deliver enhanced productivity for asset-intensive industry clients. 

The acquisition is set to bolster cost and productivity reinvention, delivery of capital projects, as well as accelerating energy transition and decarbonisation efforts.

Melbourne-founded PiP, which works on business performance improvement in asset-intensive industries leveraging data and AI capabilities, operates across five continents.

Recognised as one of Australia’s Most Innovative Companies for its role in helping clients achieve their sustainability targets, the organisation will see its 400 employees join Accenture Strategy

“Delivering profitable growth with the backdrop of significantly higher levels of disruption caused by technology and macroeconomic factors requires leaders in the C-suite and beyond to have partners that help navigate this prevailing complexity and expanding uncertainty,” said Muqsit Ashraf, chief executive for Accenture Strategy. 

“The acquisition of Partners in Performance within Accenture Strategy will elevate our strategic advisory and execution capabilities, powered by data and AI, that help clients boost business and sustainability performance in existing operations and new capital programs.”

Asset-intensive clients need to pursue strategies for decarbonisation without compromising on business growth objectives, added 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,” she said.

Skipp Williamson, founder and managing director at Partners in Performance concluded, “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.”