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Accenture Federal Services to Acquire Cognosante

by Syed Hamza Sohail 04/17/2024 Leave a Comment

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What You Should Know:

–       Accenture Federal Services has entered into an agreement to acquire Cognosante, a mission-driven provider of digital transformation and cloud modernization solutions for federal health, defense, intelligence, and civilian agencies. 

–       Founded in 2008 by Michele Kang, Cognosante has grown rapidly to become a trusted provider of innovative technology solutions with its federal government clients, including healthcare programs supporting veterans, active-duty military, patients, beneficiaries, providers, and payors. 

Accenture Federal Services Welcomes Cognosante Team: Driving Innovation and Impact for the Nation

The company boasts an outstanding record of delivery, driven by expertise in technology, capabilities in cloud modernization and migration, and exceptional program management. It is renowned for its commitment to providing excellent user experiences, enhancing accessibility and equity in healthcare, and optimizing the value of investments by the federal government.

Cognosante, with a team exceeding 1,500 individuals, will merge with Accenture Federal Services, which comprises over 14,000 members. Together, they aim to redefine work processes, tackle critical challenges, and instigate meaningful transformations. The finalization of the acquisition is contingent upon regulatory scrutiny and other customary closing requirements, with the transaction terms remaining undisclosed.

As a prominent US federal services firm and a subsidiary of Accenture LLP, Accenture Federal Services empowers the federal government to surmount obstacles, achieve superior outcomes, and establish a digitally agile, intelligent, and secure core. With a workforce exceeding 14,000, they are dedicated to advancing the vital priorities of their clients, enhancing national strength and security, and improving quality of life for citizens. Leveraging Accenture’s global network across diverse industries, they introduce commercial innovation to solutions crafted through advanced research and development, emerging technologies, and human-centered design, executed with rapidity and scalability. Together, they aid clients in generating enduring value for their personnel, clientele, and collaborators, thereby effecting positive change for the nation and its communities.

“We are continually innovating and investing to help federal agencies stay ahead of the ever-changing needs of their mission and customers,” said Accenture Federal Services CEO John Goodman. “Accenture Federal Services is excited to welcome the Cognosante team. We are truly impressed with their people, capabilities, and impact. Together, we will deliver on the promise of technology for the nation’s priorities.” 

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Tagged With: Accenture, Healthcare Mergers & Acquisitions

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