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## Accenture Acquires Axis Corporate in Spain

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Accenture recently announced the acquisition of Axis Corporate, a Spanish management and technology business consulting firm focused on financial services. This strategic move will bolster Accenture’s offerings in Spain, enabling companies to revamp their business models, streamline costs, and innovate products more efficiently.

Established in 2005, Axis Corporate is headquartered in Barcelona with additional offices in Madrid and Boston. The firm has a strong presence in the Spanish financial services sector, particularly in retail and commercial banking, consumer finance, and payments. With approximately 110 specialized professionals onboard, Axis Corporate will integrate into Accenture’s Strategy & Consulting practice.

In addition to enhancing Accenture’s capabilities, Axis Corporate brings expertise in areas such as operating model transformation, talent development, finance, sustainability, and risk management. Their focus on assisting banks in managing non-performing assets and loans aligns with Accenture’s commitment to delivering value-added services to clients.

David Cordero, leading Accenture’s Banking industry group in Europe, emphasized the importance of redefining business strategies in response to evolving market dynamics. Axis Corporate’s operational expertise in the financial services value chain will enable Accenture to drive continuous innovation for clients on a larger scale.

Casimiro Gracia, executive chairman at Axis Corporate, highlighted the firm’s long-standing relationships with key industry players in Spain. By joining Accenture, Axis Corporate’s team will gain access to global transformation initiatives, enhancing their contribution to core banking and risk management projects worldwide.

Mercedes Oblanca, market unit lead for Accenture in Spain and Portugal, expressed enthusiasm about the acquisition’s potential to empower financial services clients in Spain. Greater collaboration between the two entities will strengthen risk management strategies, facilitate organizational change, and introduce innovative services to the market.

The transaction terms remain undisclosed, reflecting Accenture’s commitment to prudent financial management and sustainable growth.

### Forward-Looking Statements

Any forward-looking statements in this news release under the Private Securities Litigation Reform Act of 1995 entail risks and uncertainties. Accenture’s ability to adapt to changing market dynamics, maintain competitive pricing, and uphold legal and regulatory compliance are key considerations. Additionally, external factors such as economic conditions, cybersecurity threats, and global regulatory changes pose challenges that could impact Accenture’s operational performance.

### About Accenture

Accenture is a global professional services company renowned for enabling businesses and governments to drive digital transformation, enhance operational efficiency, and deliver value at scale. With a workforce of approximately 742,000 professionals across 120 countries, Accenture combines technology expertise with industry experience to drive innovation. The company’s commitment to creating tangible outcomes for clients underscores its leadership in technology, cloud, data, and AI solutions.

By leveraging a robust suite of services across Strategy & Consulting, Technology, Operations, Industry X, and Song, Accenture empowers clients to reinvent their business models and cultivate enduring partnerships. The company’s emphasis on shared success and sustainable growth reinforces its position as a trusted advisor in the global marketplace.

For more information, visit [Accenture’s official website](

Copyright ©2024 Accenture. All rights reserved. Accenture and its logo are registered trademarks of Accenture.

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