Allitix has been Acquired by Accenture

Livingstone’s Business & Technology Services team is pleased to announce that Allitix  has been acquired by Accenture (NYSE: ACN). The transaction closed on November 1, 2024, and the terms were not disclosed.

Founded in 2017, Allitix is headquartered in Irvine, California. As a trusted Anaplan partner, Allitix provides tailored Anaplan-based solutions across finance, sales, supply chain, and human resources functions, with specific competencies in the manufacturing, consumer, technology, media and telecom, and financial services industries.

Allitix provides services to the broader Enterprise Performance Management market, a growing investment area around the “office of the CFO”, allowing companies to implement software tools and services that provide an integrated view of supply chain management, sales forecasting, and accounting and finance thereby allowing business leaders to make informed decisions in real-time.

“Joining Accenture is an exciting opportunity for us. Our shared vision for transforming the way organizations operate through connected planning makes this a perfect fit,” said Mark Ishikawa, Founder and Managing Partner at Allitix. “By combining Accenture’s technology and consulting capabilities and global reach with our deep expertise in Anaplan, we can offer unparalleled expertise, scale, and support to help our clients navigate complex planning environments and stay ahead in a rapidly evolving market.”

“Livingstone’s unrelenting advocacy drove a premium valuation for Allitix with an attractive buyer. I couldn’t be more pleased with the first-class representation we received from the Livingstone team,” added Derek Hansen, Founder and Partner at Allitix.

Accenture is a leading global professional services company that helps the world’s leading organizations build their digital core, optimize their operations, accelerate revenue growth, and enhance services—creating tangible value at speed and scale. They are an innovation-led company with approximately 774,000 people serving clients in more than 120 countries.

“The acquisition of Allitix expanded Accenture’s customer footprint and added 73 technical professionals to Accenture’s Anaplan practice in North America. This addition strengthens Allitix’s capabilities, allowing them to deliver even greater innovation and value to their clients,” said Brennan Libbey, Partner at Livingstone.

“We’re thrilled about the outstanding outcome for Allitix and another successful transaction for entrepreneur-owned clients at Livingstone.  The demand for high-quality, technology implementation experts for leading software ecosystems continues to be strong,” noted Josh Kroll, Director at Livingstone.

In 2024, Livingstone’s US team successfully closed 23 deals across various industry verticals, underscoring our commitment to consistently deliver exceptional value to our clients spanning all sectors.