Technology Holdings advises Insurance Technology Specialist, Blackcomb, on its strategic sale to Accenture

Oct 2022
Has been acquired by

Insurance Technology Services

View Transaction Details
Technology Holdings advises Insurance Technology Specialist, Blackcomb, on its strategic sale to Accenture
Seller Blackcomb Consultants
Buyer Accenture
Focus Sector Insurance Technology Services
Date October 2022

Technology Holdings is pleased to announce that it has acted as the exclusive financial advisor to Blackcomb Consultants, on its strategic sale to Accenture.

quote After talking to multiple advisory firms, we decided to go with Technology Holdings because of their track record in both Insurance technology solutions & Guidewire. The Technology Holdings team clearly understood what we do, what differentiates us and were able to effectively position us with strategic partners. They brought us our ideal partner in Accenture and were with us all through the process. Their support was critical in closing the transaction.
Victor Voss Co-Founder, Partner & Managing Director, Blackcomb Consultants

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.

Founded in 2011, Blackcomb provides a range of services, including claims, billing & policy administration system implementations and upgrades, production support, cloud services, performance improvement and organizational change management. The acquisition of Blackcomb enhances Accenture’s ability to deliver Guidewire solutions to insurers to help them become “cloud-first” businesses.

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.”

John Koepke, Accenture’s Technology lead for Insurance in North America, commented “This acquisition strengthens our ability to help insurance carriers use technologies like artificial intelligence and analytics to improve productivity and provide hyper personalized offerings to their customers.”

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.”

Transactions
Aug 2023
Has been acquired by

Fintech Software Engineering

View Transaction Details
Technology Holdings advises Woodridge Software, a Fintech Software Development Company, on its sale to RCG Global Services
Jun 2023
Has been acquired by

Software Engineering, Telco & Embedded Systems

View Transaction Details
Technology Holdings advises DEK Technologies, a Software Engineering and Embedded Systems Specialist, on its strategic sale to Endava
May 2023
Has been acquired by

Life Sciences Commercialization & Marketing

View Transaction Details
Technology Holdings advises The Kinetix Group, a Life Sciences Commercialization and Marketing company, on its sale to Petauri Health
Apr 2023
Technology Holdings is pleased to announce that it has acted as the exclusive financial advisor to AIOPSGROUP, a digital commerce specialist on its strategic sale to valantic, a Munich-headquartered digital solutions, consulting and software company with more than 500 large clients, including 32 of the 40 listed German blue chips.
Has been acquired by
TECHNOLOGY HOLDINGS ADVISES AIOPSGROUP, A DIGITAL COMMERCE, SALESFORCE AND AIOPS SPECIALIST, ON ITS STRATEGIC SALE TO VALANTIC

Digital Commerce, Salesforce & AIOPs

View Transaction Details
Technology Holdings advises AIOPSGROUP, a Digital Commerce, Salesforce and AIOPs specialist, on its strategic sale to valantic
Mar 2023
Technology Holdings is pleased to announce that it has acted as the exclusive financial advisor to SUAZIO, a leading data-driven Life Sciences and MedTech consultancy on its strategic sale to NAMSA, the world's leading MedTech CRO, an Archimed portfolio company headquartered in the United States.
Has been acquired by

Life Sciences & MedTech Consulting

View Transaction Details
Technology Holdings advises SUAZIO, A Data-Driven Life Sciences and MedTech Strategic Consultancy, on its strategic sale to NAMSA
Feb 2023
Has been acquired by

Hyperautomation, AI & Data Science

View Transaction Details
Technology Holdings advises Humans4Help, a Hyperautomation, AI & Data Science Specialist, on its strategic sale to Alan Allman Associates
Nov 2022
Has been acquired by

Capital Markets Technology Services

View Transaction Details
Technology Holdings advises TeamTek Consulting, a Capital Markets Technology specialist, on its strategic sale to Accolite Digital
Oct 2022
Has been acquired by

Insurance Technology Services

View Transaction Details
Technology Holdings advises Insurance Technology Specialist, Blackcomb, on its strategic sale to Accenture
Aug 2022
Has been acquired by

ServiceNow Consulting & IP

View Transaction Details
Technology Holdings advises one of the largest Servicenow partners globally, Enable, on its strategic sale to Fujitsu
Jun 2022
Has been acquired by

ServiceNow Consulting

View Transaction Details
Technology Holdings advises ServiceNow Partner Do it Wise on its strategic sale to Inetum
Jun 2022
Has been acquired by

Digital Banking & Wealth Management

View Transaction Details
Technology Holdings advises Digital Banking and Wealth Management IT expert, Confinale on its strategic sale to HCL Technologies
May 2022
Has been acquired by

Salesforce Consulting

View Transaction Details
Technology Holdings advises Salesforce Platinum Partner S4G Consulting on its strategic sale to McKinsey
Feb 2022
Has been acquired by

Hyperautomation, AI & Analytics

View Transaction Details
Technology Holdings advises Hyperautomation, AI & Intelligent Analytics specialist, You-Get, on its strategic sale to Ilionx
Feb 2022
Has been acquired by

Insurance Technology Services

View Transaction Details
Technology Holdings advises Award Winning Insurance Technology Specialist, Business Agility on its acquisition by Endava
Dec 2021
Has been acquired by

Adobe Workfront Consulting

View Transaction Details
Technology Holdings advises Rego Consulting on the sale of its Adobe Workfront Business to IBM
Dec 2021
Has been acquired by

MedTech Design & Innovation Consulting

View Transaction Details
Technology Holdings advises Healthcare Design and Innovation Consultancy Worrell Design on its sale to Veranex