Belo Horizonte, Brazil, Feb 25 — Accenture (NYSE: ACN) has agreed to acquire Verum Partners, an infrastructure and capital projects management firm with deep expertise in the mining, metals, transportation, logistics, chemicals and energy industries. Accenture will bring together its digital and advanced AI capabilities and Verum Partners’ on-site execution leadership to help clients in Latin America make their infrastructure projects more efficient.
Founded in 2017 and headquartered in Belo Horizonte, Verum Partners has more than 180 employees with extensive hands-on field experience, who will join Accenture’s Infrastructure & Capital Projects practice.
Verum Partners specializes in identifying and eliminating inefficiencies across the lifecycle of clients’ infrastructure and capital projects, from feasibility to engineering, construction, commissioning and operational handover. The company’s deep project management and industry expertise helps organizations reduce rework, improve productivity, and make their complex industrial projects operationally ready faster.
Rodolfo Eschenbach, Market Unit Lead – Latin America, Accenture, said: “Brazil’s investment cycle is accelerating, from mining expansion and grid modernization to energy transition programs and transportation infrastructure. AI-enabled project management models offer organizations opportunities to get to grips with delays and overspend.”
Large infrastructure and capital projects in mining, energy and transportation often span more than a decade and are challenged by fragmented teams of contractors, suppliers and engineers. Accenture research shows that approximately 90% of such projects fail to meet original schedule and budget targets. Verum Partners will strengthen Accenture’s capabilities to address these challenges in the Latin American market for infrastructure and capital projects head-on.
Renato Improta, Latin America Lead for Industry X, Accenture, commented: “Verum Partners is experienced in aligning thousands of workers, multiple contractors and complex field conditions on a daily basis. This ability, combined with the company’s expertise in addressing on-site challenges and Accenture’s advanced AI and digital capabilities, will deliver AI-enabled platforms and project management models to our clients that significantly lower the risks and improve the predictability of their infrastructure megaprojects.”
David Elio, CEO, Verum Partners, added: “Capital projects succeed when teams share information openly, coordinate continuously and solve problems directly in the field. Joining Accenture allows us to scale this approach, deepen digitalization early and support clients in delivering safer, faster and more predictable industrial, energy and infrastructure assets.”
Infrastructure and capital projects are a growing part of Accenture’s service portfolio and global capabilities, recently reinforced by its acquisition of a majority stake in US data center developer DLB Associates. Since 2023, Accenture has rapidly built a global presence and deep capabilities in infrastructure and capital projects. This includes key acquisitions of U.S. advisory and management company Anser Advisory and Canadian consulting and program management company Comtech. Subsequent acquisitions, including data center construction consultancy Soben in the UK, BOSLAN in Spain, Partners in Performance in Australia, IQT Group in Italy and Orlade in France, are enabling Accenture to meet evolving client demands.
Terms of the transaction were not disclosed. Completion is subject to customary closing conditions, including regulatory approvals.