Accenture to acquire Bridge Energy Group
Accenture has acquired Bridge Energy Group, a firm that provides grid modernization, analytics, and security services to utilities.
Boston-based Bridge Energy serves North American electric utilities. Their experience complements Accenture’s portfolio of services for electric transmission and distribution service providers.
“We are excited to welcome Bridge to Accenture to better help utilities drive transformation by creating new efficiencies for assets and operations while uncovering new revenue streams,” Stephanie Jamison, a managing director at Accenture who leads its Transmission and Distribution business, said. “Similar to our 2015 acquisition of the Structure Group, BRIDGE will help us meet growing demand from our utilities clients for evaluating and applying new and emerging technologies, including advanced analytics, artificial intelligence, the cloud, and blockchain, to develop the grid of the future.”
Terms of the transaction were not disclosed.
“Joining forces with Accenture will provide the scale, career training, ecosystem and other strengths that will further enable our employees to leverage their strong industry skills to achieve even greater success in serving clients and advancing their careers,” Bridge CEO Hugo van Nispen said. “It’s very exciting to jointly tackle our clients’ most complex challenges through innovation, especially for grid modernization, reliability and resiliency. I look forward to our clients and our team benefiting from Accenture’s deep industry and technology expertise and its end-to-end innovation capabilities.”
Bridge employees have joined the utilities practice of Accenture’s Resources operating group.
Accenture provides a broad range of services in strategy, consulting, digital, technology and operations.
