Accenture Federal Services Completes Acquisition of Cognosante

Company Launches Health Portfolio to Deliver Specialized Mission Solutions

Accenture Federal Services has completed its acquisition of Cognosante, a Falls Church, Virginia-based provider of digital transformation and cloud modernization solutions for federal health, defense, intelligence, and civilian agencies. Accenture Federal Services announced its intent to acquire Cognosante on April 15, 2024.

Cognosante provides mission-driven technology solutions for federal government clients, including healthcare programs supporting veterans, active-duty military, patients, beneficiaries, providers, and payors. The company has an exemplary delivery track record powered by technology expertise, cloud modernization and migration capabilities, and program management.

With the acquisition, Accenture Federal Services is creating a new federal health portfolio for its business. This portfolio will deliver the specialized mission solutions that clients need to drive better health outcomes and more accessible, equitable healthcare experiences for all.

“The health market is a unique mission space in the U.S. federal government,” said Accenture Federal Services CEO John Goodman. “With the addition of Cognosante’s industry-leading people and capabilities, and by continuing to draw upon Accenture’s proven commercial innovation in health, life sciences, and insurance, Accenture Federal Services will accelerate impact for our clients and offer greater career growth opportunities for our people as a result of this acquisition.”

The acquisition adds more than 1,500 people to Accenture Federal Services’ more than 14,000-person workforce.

Financial terms of the acquisition were not disclosed.

Accenture Federal Services is a wholly owned subsidiary of Accenture (NYSE: ACN).

About Accenture Federal Services

Accenture Federal Services is a leading US federal services company and subsidiary of Accenture LLP. We empower the federal government to solve challenges, achieve greater outcomes, and build a digital core that is agile, smart, and secure. Our 14,000 people are united in a shared purpose to advance our clients’ mission-critical priorities that make the nation stronger and safer, and life better for people. We draw out the best of Accenture’s global network in nearly every industry, bringing proven commercial innovation to solutions built with advanced R&D, emerging technologies, and human-centered design at speed and scale. Together, we help clients create lasting value for their workforce, customers, and partners and make a difference for the country and our communities. See how we make change that matters at accenturefederal.com.

About Accenture

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 742,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com.

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