Accenture Acquires Leadership Firm YSC Consulting to Enhance C-Suite and Board Transformations
Accenture (NYSE: ACN) has acquired YSC Consulting, a CEO advisory and leadership consultancy that helps organizations align leadership strategies with their business goals to achieve transformational change. The acquisition strengthens Accenture's capabilities to advise the CEO, C-Suite, and Board with solutions to boost performance and build leadership teams for the future. Terms of the transaction were not disclosed.
Serving corporate and private equity clients for more than 30 years, YSC Consulting has a proven track record in helping organizations to define their leadership strategies and assess and develop their C-suite and senior executive teams. Headquartered in the U.K., and with teams also based in North America, Singapore, Australia, Mexico, China, and South Africa, YSC Consulting's team of more than 200 employees joins Accenture's Talent & Organization / Human Potential team.
Combining deep expertise in leadership development with data-driven insights, YSC Consulting helps organizations achieve transformational impact with bespoke solutions in C-Suite assessment, team dynamics and effectiveness, diversity, equity and inclusion strategy, CEO succession planning and board effectiveness.
YSC Consulting has been a partner to 45% of the FTSE 100 and serves more than 40% of the largest private equity firms globally with services tailored to private equity funds and their portfolio companies - a move which expands Accenture's deep industry expertise for private equity clients.
"Leaders must meet new expectations to win the hearts and minds of employees and customers in a rapidly changing world," said Christie Smith, global lead of Talent & Organization / Human Potential at Accenture. "Successful business leaders thrive through the application of meaningful purpose and the use of technology to lead with accuracy, speed, empathy, and transparency. It's at the cross-section of these values where Accenture and YSC Consulting truly align. We look forward to coming together and helping clients maximize their impact and carve a successful future steered by modern leadership."
YSC Consulting Chief Executive, Eric Pliner, said, "For more than three decades, YSC Consulting has supported and inspired CEOs and their teams around the world to shape the future through the intentional design of thoughtful approaches to leadership. At a moment when the world needs brilliant leadership more than ever, we are thrilled to join Accenture and bring the best of our expertise in individual leadership, team dynamics, diversity, equity and inclusion strategy, and technology-enabled talent analytics in a respected and rapidly growing platform."
Accenture's global CEO-led Workforce Transformation Lead, John-Paul Pape, said, "In order for leaders to confront today's market challenges, they must develop themselves and their people to be able to execute courageous strategies. YSC Consulting has garnered respect from Boards, Chief Executives, and their teams by re-energizing their organizations with new leadership and talent strategies - all fueled by the power of data and insights. Together we will empower business leaders to re-invent the way they lead and shape a successful future for their organizations, customers, employees, communities, and the world."
YSC Consulting complements Accenture's most recent Talent & Organization / Human Potential acquisitions - Cirrus, fable+, Future State and Root Inc. in 2021 and Kates Kesler in 2020 - which aim to create new ways to deliver value and help clients build strategies for the future of work.
Accenture acquired YSC Consulting from U.K. private equity firm Graphite Capital.
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services and Accenture Song - all powered by the world's largest network of Advanced Technology and Intelligent Operations centers. Our 710,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at accenture.com.
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