Accenture buys Sierra-Cedar's Workday practice

05 February 2020 Consulting.us

Management and technology consultancy Accenture has acquired the Workday, Salesforce, and US MuleSoft practices of Sierra-Cedar, an Alpharetta, GA–based technology consultancy.

The move will add approximately 275 of Sierra-Cedar’s more than 1,000 professionals to Accenture’s US Workday, Salesforce, and MuleSoft practices. The transaction will bolster Accenture’s capabilities in modernizing core operational systems and processes for higher education and government clients – including software systems for finance, accounting, HR, and student services.

“We are focused on our clients’ priorities for more efficient, secure, transparent, and customer service-oriented operations, and the practitioners joining Accenture have the industry and platform skills that are at the center of many such efforts,” said Ryan Gaetz, managing director of Accenture’s education and government-focused Workday practices. “By bolstering our practice focused on Workday Student, Financial Management and Human Capital Management, Accenture can help our clients achieve a greater set of outcomes.”

Accenture buys Sierra-Cedar’s Workday practice

The transaction, for which terms were not disclosed, is expected to close in early 2020.

The sale will see Sierra-Cedar pull back its focus to Oracle and AWS solutions and implementations. The firm will also retain its MuleSoft India practice, which is not a part of the transaction.

“We are grateful for the tremendous contributions of our Workday, Salesforce, and MuleSoft consultants and leadership teams and are confident that Accenture will be a terrific partner for these practice areas moving forward,” said Cal Yonker, CEO of Sierra-Cedar. “This transaction will provide Sierra-Cedar with an enhanced focus and the ability to make additional investment in key strategic growth drivers such as Oracle Cloud and AWS.”

Accenture spent nearly $1.2 billion on 33 acquisitions in 2019, and currently has 505,000 employees in 120 countries. The firm last month acquired the cybersecurity services business of Symantec, adding roughly 300 employees.