London, United Kingdom – Technology Holdings, a global investment banking firm with offices in the Americas, Europe and the Asia-Pacific, is pleased to announce that it has acted as the exclusive financial advisor to Axis Corporate, one of the leading management and technology consulting firms in Spain focused on the financial services sector, on its strategic sale to Accenture.
Founded in 2005 and headquartered in Barcelona, Axis Corporate provides a wide range of advisory services, including operations strategy and supply chain consulting, business intelligence, cost transformation, talent and culture, finance, and sustainability. It also has strong risk management capabilities, with a special focus on helping banks better manage and recover non-performing assets and loans. Axis Corporate has long-standing relationships with the largest financial services and banking institutions in Spain, with expertise across retail and commercial banking, consumer finance and payments.
“Technology Holdings proved to be an exceptional advisor throughout the entire sale process. Their profound expertise in the financial services management consulting and digital transformation space, along with deep connections within the buyer landscape globally, was invaluable to us throughout the process. Their ability to identify the unique qualities and differentiating attributes of a management consulting firm like Axis was crucial to the success of the transaction. They provided insightful guidance at each stage, expertly navigated complex negotiations, and delivered on their promise of securing an outstanding result and Accenture as the best partner for our company. We’re extremely happy with the outcome and extend our heartfelt gratitude to the entire team for their unwavering support and dedication across all aspects of the deal,” said Casimiro Gracia Abián, Executive Chairman at Axis Corporate.
“Southern Europe at Technology Holdings said, “We are thrilled with the successful outcome achieved for Axis Corporate and Accenture and extend our best wishes to the entire Axis Corporate team as they embark on the next phase of their journey with Accenture. This marks our 8th transaction in Southern Europe. The partnership between Axis Corporate and Accenture demonstrates the robust market outlook for management and technology consulting companies within the banking, financial services & insurance sectors,” said Pablo Jorge, Associate Director at Technology Holdings.
Vivek Subramanyam, Founder and CEO of Technology Holdings added, “We are delighted to have closed this key deal with Accenture – our 24th Consulting deal and 31st BFSI deal. This deal exemplifies Technology Holdings’ extensive expertise in Management Consulting, Business Consulting & Technology Consulting with our capabilities spanning across every facet of this domain. We wish Axis Corporate every success in this strategic partnership with Accenture.”
Find out more about this transaction here.