Accenture Completes Acquisition of Gruppo IQT
Deal News | Mar 24, 2025 | Legal Community Italy
Accenture has successfully completed the acquisition of Gruppo IQT, an engineering service provider based in Rovigo specializing in large infrastructure projects. The acquisition aims to combine Accenture's digital and AI expertise with Gruppo IQT's experience in project planning and management. This move is designed to enhance energy transition project efficiency. Legal support for the operation was provided by BonelliErede for Accenture, and ADVANT Nctm along with Dentons supported the vendors. BonelliErede's multidisciplinary team, coordinated by partners Umberto Nicodano and Silvia Romanelli, alongside associates, provided comprehensive legal counsel covering corporate, M&A, construction, engineering, administrative, antitrust, golden power, labor law, and banking aspects. The vendors' legal advice was facilitated by ADVANT Nctm, with additional support from Dentons and Studio Legale Galgano. The acquisition merges digital capabilities with project execution skills to support efficient energy transitions.
Sectors
- Consulting Services
- Engineering and Construction
- Energy
Geography
- Italy – Gruppo IQT is based in Rovigo, Italy, and the acquisition involves multiple Italian legal and advisory firms.
Industry
- Consulting Services – Accenture is a global professional services company providing consulting services, and their acquisition strategy involves integrating comprehensive engineering services.
- Engineering and Construction – Gruppo IQT provides engineering services for large infrastructure projects, which aligns with the acquisition narrative given their expertise in project execution and management.
- Energy – The acquisition aims to assist businesses in planning and managing energy transition projects more efficiently, a critical sector in today's environment-focused economy.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Accenture | Acquirer | Company | A multinational professional services company specializing in IT services and consulting. |
| Gruppo IQT | Target | Company | An Italian engineering service provider specializing in large infrastructure project management. |
| BonelliErede | Legal Advisor | Company | Law firm advising Accenture on various legal aspects of the acquisition. |
| ADVANT Nctm | Legal Advisor for Vendors | Company | Law firm providing legal support to the sellers of Gruppo IQT. |
| Dentons | Legal Advisor for Vendors | Company | International law firm assisting the vendors alongside ADVANT Nctm. |
| Studio Legale Galgano | Advisor for Vendors | Company | Legal firm involved in advising the vendors in the transaction. |