Accenture Acquires Identity and Access Management Company IAMConcepts to Expand Cybersecurity Footprint in Canada

September 09, 2025 at 11:22 AM EDT

Acquisition brings Accenture highly specialized, credentialed talent and enhances industry solutions

Accenture (NYSE: ACN) has acquired IAMConcepts, a privately held Canadian company specializing in identity and access management (IAM) services. The acquisition will bolster Accenture’s ability to deliver advanced IAM solutions in Canada across key critical infrastructure industries such as financial services, power utilities, mining and transportation.

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Accenture has acquired IAMConcepts, a privately held Canadian company specializing in identity and access management (IAM) services.

Headquartered in Toronto, Canada, with talented employees across the country, IAMConcepts provides end-to-end IAM services, including Identity Governance and Administration, Privileged Access Management and Customer Identity and Access Management. The company serves some of Canada’s largest banks, along with leading insurance companies, higher education and critical infrastructure organizations. Since its founding in 2013, IAMConcepts has completed hundreds of IAM projects for clients.

“As AI accelerates the threat landscape, organizations must rethink their approach to identity security. Yet most identity and access management programs still focus predominantly on human users,” said Paolo Dal Cin, global lead, Accenture Cybersecurity. “By combining IAMConcepts’ technical skills and critical infrastructure knowledge with Accenture’s end-to-end cybersecurity services and expertise, we will help our clients to secure digital identities through a more holistic approach to threat detection.”

According to Accenture's Research for State of Cybersecurity Resilience 2025 report, two-thirds (67%) of organizations continue to rely on legacy IAM systems, limiting their ability to support modern security, scalability and user experience requirements^[1]. This underscores the critical importance of identity security as a foundation for digital trust, innovation and business growth.

“Agentic and generative AI has completely changed the game on both sides of the fight, making strong and robust IAM protections even more critical for business resilience,” said Fahad Kabir, CEO at IAMConcepts. “We are excited to join the Accenture team, expanding our capabilities to help protect clients as they navigate this new arena, where hackers and cyber threats may no longer just be a real person behind a keyboard.”

Kristine Osgoode, Canada lead, Accenture Cybersecurity said: “Cyberattacks can have devastating consequences on Canadian organizations and the country's economy, safety and national security. As threats continue to grow more complex, strengthening identity security is crucial to a strong digital core and proactive risk management. Together with IAMConcepts, we will continue to partner with our clients as a strategic enabler, bringing a robust team with deep technical proficiency, strong ecosystem partnerships and innovation that drives trust and long-term success.”

The acquisition of IAMConcepts will be the latest in a series of strategic moves by Accenture to expand its cybersecurity capabilities and solutions. Since 2015, Accenture has made 22 acquisitions in the cybersecurity sector including most recently CyberCX, Morphus and MNEMO Mexico.

Recently, IAMConcepts was recognized in the 2024 KuppingerCole North American Leadership Compass report on IAM systems integrators. Additionally, Accenture has been positioned as a Leader in Everest Group’s Identity and Access Management Services Peak Matrix ® assessment, 2023.

The terms of the acquisition were not disclosed.

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 791,000 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. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, 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 accenture.com.

Accenture is a leading provider of integrated cybersecurity services and industry-specific solutions. Delivered at global scale through over 40 Accenture Cybersecurity Centers, we transform cybersecurity into an engine for business growth and differentiation. Our AI-powered assets and 29,000 highly skilled specialists help clients harness cybersecurity to power business, protect people and drive reinvention. Visit us at accenture.com/cybersecurity.

Forward-Looking Statements

Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “aspires,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook,” “goal,” “target” and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance nor promises that goals or targets will be met, and involve a number of risks, uncertainties and other factors that are difficult to predict and could cause actual results to differ materially from those expressed or implied. These risks include, without limitation, risks that: the transaction might not achieve the anticipated benefits for Accenture; Accenture’s results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and geopolitical conditions and the effects of these conditions on the company’s clients’ businesses and levels of business activity; Accenture’s business depends on generating and maintaining client demand for the company’s services and solutions including through the adaptation and expansion of its services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving technological environment could materially affect the company’s results of operations; risks and uncertainties related to the development and use of AI could harm the company’s business, damage its reputation or give rise to legal or regulatory action; if Accenture is unable to match people and their skills with client demand around the world and attract and retain professionals with strong leadership skills, the company’s business, the utilization rate of the company’s professionals and the company’s results of operations may be materially adversely affected; Accenture faces legal, reputational and financial risks from any failure to protect client and/or company data from security incidents or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; Accenture’s ability to attract and retain business and employees may depend on its reputation in the marketplace; if Accenture does not successfully manage and develop its relationships with key ecosystem partners or fails to anticipate and establish new alliances in new technologies, the company’s results of operations could be adversely affected; Accenture’s profitability could materially suffer due to pricing pressure, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies or fail to satisfy certain agreed-upon targets or specific service levels; changes in Accenture’s level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company’s effective tax rate, results of operations, cash flows and financial condition; Accenture’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; Accenture’s debt obligations could adversely affect its business and financial condition; changes to accounting standards or in the estimates and assumptions Accenture makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; as a result of Accenture’s geographically diverse operations and strategy to continue to grow in key markets around the world, the company is more susceptible to certain risks; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; Accenture’s business could be materially adversely affected if the company incurs legal liability; Accenture’s work with government clients exposes the company to additional risks inherent in the government contracting environment; Accenture’s global operations expose the company to numerous and sometimes conflicting legal and regulatory requirements; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture’s services or solutions infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent Annual Report on Form 10-K, as updated in Item 1A, “Risk Factors” in its Quarterly Report on Form 10-Q for the second quarter of fiscal 2025, and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.

^[1]Accenture Research for the State of Cybersecurity Resilience 2025 Report. Based on a four-point scale question: We have a custom IAM solution or software that was designed to meet requirements 5 – 15 years ago and is legacy.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250908044917/en/

Contacts

Alison Geib

Accenture

+1 703 947 4404

alison.geib@accenture.com

Scott Tabachnick

Accenture, Canada

+1 416 641 3851

scott.tabachnick@accenture.com

Marco Amaya

Accenture

+1 703 947 4134

marco.amaya@accenture.com

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Accenture Acquires Identity and Access Management Company IAMConcepts to Expand Cybersecurity Footprint in Canada

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