Italian digital service company Engineering sells two units to Accenture

Engineering, a prominent player in Italy's digital services landscape, is parting ways with its Alfahealth and Industries eXcellence units, selling them to Accenture, a leading global technology consulting firm. Set to conclude by the end of Q4 th...

Italian digital service company Engineering sells two units to Accenture
Italian digital service company Engineering said on Wednesday it would sell its Alfahealth and Industries eXcellence units to global tech consulting ‌company Accenture. No ⁠value ⁠for the transaction was disclosed.

A source ​familiar with the matter told Reuters the deal was worth ​around €900 million ($1 billion). Alfahealth and Industries eXcellence respectively offer digital solutions for Italy's healthcare and ​industrial sectors.

Together they ⁠accounted for ‌about 18% of Engineering's consolidated ​net revenue ​and 25% of adjusted core ⁠earnings (Ebitda) in 2025.


Engineering, jointly controlled by private equity firms Bain Capital and NB Renaissance, reported a 2025 adjusted core profit of €280.3 million. The transaction will help sharpen Engineering's focus on its core segments and further accelerate its fast-growing AI offering, the ‌company said.

Accenture said separately that the two acquisitions were part of ​its strategy ​of integrating ⁠software, data and AI to accelerate the competitiveness and transformation of Italy's strategic sectors.

The transactions are ​expected to close in the fourth quarter of this year, subject to approvals from Italian antitrust and government authorities.
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