London, United Kingdom – Technology Holdings, a global boutique investment banking firm with offices in North America, Europe and the Asia-Pacific, is pleased to announce that it has acted as the exclusive financial advisor to Blackcomb Consultants, on its strategic sale to Accenture.
Headquartered in Chicago, Blackcomb has over 150 employees that specialize in Guidewire, the leading Property & Casualty insurance cloud technology platform, and helps insurance carriers of all sizes accelerate their digital transformation journeys. Blackcomb is the largest US-based independent Guidewire partner serving P&C insurance carriers globally.
Victor Voss, a co-founder of Blackcomb Consultants said, “Accenture and Blackcomb Consultants share a vision focused on delivering innovation to P&C carriers of all sizes, and by joining Accenture, we will be able to scale and expand our solutions for insurers worldwide, helping them create a sustained competitive advantage.”
Terry Kavanaugh, Managing Director at Technology Holdings, added “This transaction underscores Technology Holdings’ deep expertise in Insurance technology services and specifically, within the Guidewire ecosystem. This is our firm’s 13th insurtech transaction and 4th transaction in the Guidewire space and John’s team at Accenture will be a wonderful home for Blackcomb. We are proud to have advised the Blackcomb leadership and shareholding team on this transaction and we wish them every success in their strategic partnership with Accenture.”
Find out more about this transaction here.