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Accenture Federal Services to Buy Novetta From Carlyle; John Goodman, Tiffanny Gates Quoted

Accenture’s (NYSE: ACN) federal services arm has agreed to acquire analytics company Novetta from global investment firm The Carlyle Group (Nasdaq: CG) for an undisclosed sum as part of efforts to expand its artificial intelligence, cloud and cyber capabilities in support of missions of defense, intelligence and law enforcement agency clients.

Accenture Federal Services said Tuesday it will combine Novetta’s 1,300 data scientists, software developers and other technology professionals with its more than 10,500 employees through the transaction, which is subject to regulatory review and other customary closing conditions.

“Novetta will bring expanded capabilities, broad client relationships, and unique assets that complement our work in the national security sector and add greater scale to our digital capabilities,” said John Goodman, CEO of AFS and a 2021 Wash100 Award winner.

Goodman added that the combination will help government sector clients use analytics and emerging technologies to address challenges and transform how they carry out their missions.

“I am extremely excited about joining Accenture Federal Services,” said Tiffanny Gates, president and CEO of Novetta and a 2021 Wash100 Award recipient. “They will provide new growth opportunities for our people, enable expanded capabilities for our customers, and allow us to accelerate our growth trajectory.”

Carlyle acquired Novetta from Arlington Capital Partners in 2015.

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