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Accenture (NYSE: ACN) has agreed to obtain ConcentricLife, a foremost healthcare advertising agency with abilities in aiding Daily life Sciences manufacturers develop an ideal model expertise at any stage of the health and fitness journey. The settlement to purchase ConcentricLife, which is a subsidiary of Stagwell (NASDAQ: STGW), reinforces Accenture Track&CloseCurlyQuotes continued financial commitment in developing finish-to-conclusion options for its Everyday living Sciences purchasers through appropriate communications and encounters attuned to the ever-evolving life of now&CloseCurlyQuotes people and healthcare experts.

This press release characteristics multimedia. View the complete release listed here: https://www.businesswire.com/information/house/20231025436020/en/

Accenture has agreed to acquire ConcentricLife, a leading healthcare marketing agency with expertise in helping Life Sciences brands build an optimal brand experience at any stage of the health journey. (Photo: Business Wire)

Accenture has agreed to obtain ConcentricLife, a major healthcare marketing agency with experience in helping Lifestyle Sciences brand names develop an optimum brand working experience at any stage of the well being journey. (Image: Small business Wire)

Founded in 2002, ConcentricLife is recognized as one particular of the MM+M Company 100, the industry’s definitive guideline to the top organizations in the health landscape. Its award-profitable worldwide workforce has considerable issue-make a difference skills in scarce disorders, healthcare and wellness, with advanced advertising and marketing capabilities spanning the group. ConcentricLife will work with lots of of the world’s most influential corporations inside the biopharma field.

David Droga, CEO, Accenture Music said: “We figure out and worth the position ConcentricLife has founded as a foremost healthcare advertising company and our mutual dedication to health care providers, people, and customers with a aim on wellbeing outcomes. We believe that that collectively with ConcentricLife we will produce a effective ability to condition the potential of wellbeing activities and deliver a definitely persuasive proposition for our shoppers.&CloseCurlyDoubleQuote

With creative marketing expert services and strategic consulting products and services critical to the progress and relevance of pharmaceutical, biopharma and medical know-how device brands, Accenture Music and ConcentricLife have an aligned vision of the huge prospect ahead in specialist, individual and purchaser wellness communications provided the worldwide healthcare marketplace is predicted to grow to US$665 billion by 2028, in accordance to Confirmed Current market Study.

ConcentricLife features entire-company digital health care internet marketing and communications experience and capabilities that assist makes solution climbing purchaser demands in rare diseases, overall health and wellness. Every of ConcentricLife&CloseCurlyQuotes methods revolves all-around a main of industry experts in advertising and marketing methods, which include encounter style and design, engagement, professional strategy, output, medical communications and social. Consumers depend on ConcentricLife to launch their most essential brand names and improve the brand practical experience above the entire item lifecycle management. Headquartered in New York, ConcentricLife’s 270+ staff will sign up for Accenture Song in other marketplaces such as Atlanta, Chicago, Ft. Lauderdale, San Diego and London.

Ken Begasse Jr., CEO, ConcentricLife said: “Our shared ambition has usually been to adjust the way health and fitness is professional. This transaction will boost our means to help our clientele achieve this vision in addressing the troubles of tomorrow. With this put together expertise of various pondering and ordeals, we will increase our capability to fix new affected individual and service provider troubles in significant-influence parts which include obtain, scientific trials, and affected person providers.&CloseCurlyDoubleQuote

ConcentricLife will be the most current in a series of acquisitions that Accenture Track has manufactured to bolster its means to help customers grow, innovate and maintain relevance, including Fiftyfive5, The Steady and Romp.

Completion of the acquisition is topic to customary closing situations, which includes receipt of regulatory clearance.

Ahead-Looking Statements

Apart from for the historical information and discussions contained herein, statements in this news release might represent ahead-looking statements in just the that means of the Private Securities Litigation Reform Act of 1995. Terms these types of as “may,&CloseCurlyDoubleQuote “will,&CloseCurlyDoubleQuote “should,&CloseCurlyDoubleQuote “likely,&CloseCurlyDoubleQuote “anticipates,&CloseCurlyDoubleQuote “expects,&CloseCurlyDoubleQuote “intends,&CloseCurlyDoubleQuote “plans,&CloseCurlyDoubleQuote “projects,&CloseCurlyDoubleQuote “believes,&CloseCurlyDoubleQuote “estimates,&CloseCurlyDoubleQuote “positioned,&CloseCurlyDoubleQuote “outlook&CloseCurlyDoubleQuote and identical expressions are applied to determine these ahead-on the lookout statements. These statements include a quantity of challenges, uncertainties and other factors that could lead to precise results to vary materially from people expressed or implied. These challenges include things like, with out limitation, hazards that: Accenture and ConcentricLife will not be capable to near the transaction in the time period of time expected, or at all, which is dependent on the events&CloseCurlyQuote skill to fulfill sure closing disorders the transaction could not obtain the expected benefits for Accenture Accenture&CloseCurlyQuotes outcomes of operations have been, and may perhaps in the future be, adversely afflicted by risky, adverse or unsure economic and political conditions, including the invasion of Ukraine by Russia, the related sanctions and other steps that have been and continue on to be imposed in reaction to this conflict, as well as the existing inflationary natural environment, and the consequences of these problems on the enterprise&CloseCurlyQuotes shoppers&CloseCurlyQuote businesses and levels of organization exercise Accenture faces authorized, reputational and economical dangers from any failure to guard shopper and/or enterprise information from stability incidents or cyberattacks Accenture&CloseCurlyQuotes organization depends on building and sustaining ongoing, financially rewarding customer desire for the business&CloseCurlyQuotes expert services and options which include via the adaptation and expansion of its solutions and alternatives in response to ongoing variations in know-how and offerings, and a sizeable reduction in this sort of need or an incapacity to answer to the evolving technological ecosystem could materially have an effect on the firm&CloseCurlyQuotes outcomes of operations if Accenture is not able to match people and skills with consumer need all around the planet and draw in and retain industry experts with powerful management skills, the company&CloseCurlyQuotes enterprise, the utilization price of the firm&CloseCurlyQuotes specialists and the organization&CloseCurlyQuotes results of functions might be materially adversely influenced the COVID-19 pandemic has impacted Accenture&CloseCurlyQuotes small business and operations, and the extent to which it will carry on to do so and its effects on the company&CloseCurlyQuotes long term economical results are uncertain the markets in which Accenture operates are remarkably aggressive, and Accenture could possibly not be capable to contend efficiently Accenture&CloseCurlyQuotes ability to catch the attention of and retain enterprise and workforce might rely on its name in the market if Accenture does not successfully regulate and create its relationships with important alliance associates or fails to anticipate and set up new alliances in new systems, the organization&CloseCurlyQuotes outcomes of functions could be adversely affected Accenture&CloseCurlyQuotes profitability could materially endure if the business is unable to get favorable pricing for its services and options, if the organization is unable to continue being competitive, if its cost-administration procedures are unsuccessful or if it encounters delivery inefficiencies or fall short to satisfy selected agreed-upon targets or unique service ranges adjustments in Accenture&CloseCurlyQuotes amount of taxes, as nicely as audits, investigations and tax proceedings, or alterations in tax guidelines or in their interpretation or enforcement, could have a materials adverse influence on the organization&CloseCurlyQuotes effective tax price, outcomes of functions, income flows and money condition Accenture&CloseCurlyQuotes outcomes of functions could be materially adversely impacted by fluctuations in foreign currency exchange charges improvements to accounting specifications or in the estimates and assumptions Accenture makes in link with the planning of its consolidated fiscal statements could adversely have an impact on its financial benefits Accenture could possibly be unable to entry more capital on favorable terms or at all and if the organization raises fairness cash, it may well dilute its shareholders&CloseCurlyQuote ownership interest in the corporation as a final result of Accenture&CloseCurlyQuotes geographically diverse operations and its progress method to proceed to grow in its crucial marketplaces close to the planet, the firm is more prone to specific hazards if Accenture is not able to deal with the organizational issues affiliated with its sizing, the business could be unable to achieve its organization targets Accenture may possibly not be prosperous at acquiring, investing in or integrating organizations, moving into into joint ventures or divesting firms Accenture&CloseCurlyQuotes company could be materially adversely afflicted if the business incurs legal legal responsibility Accenture&CloseCurlyQuotes worldwide operations expose the business to various and from time to time conflicting legal and regulatory prerequisites Accenture&CloseCurlyQuotes work with government shoppers exposes the company to more hazards inherent in the federal government contracting ecosystem if Accenture is not able to secure or enforce its intellectual home rights or if Accenture&CloseCurlyQuotes products and services or alternatives infringe upon the intellectual assets rights of other individuals or the firm loses its ability to employ the mental residence of other folks, its enterprise could be adversely impacted Accenture&CloseCurlyQuotes outcomes of operations and share value could be adversely influenced if it is not able to maintain productive inside controls Accenture may perhaps be subject matter to criticism and negative publicity related to its incorporation in Ireland as perfectly as the risks, uncertainties and other factors talked about below the “Risk Variables&CloseCurlyDoubleQuote heading in Accenture plc&CloseCurlyQuotes most current Annual Report on Variety 10-K and other files filed with or furnished to the Securities and Trade Commission. Statements in this information launch discuss only as of the date they ended up manufactured, and Accenture undertakes no responsibility to update any forward-searching statements designed in this information launch or to conform these kinds of statements to precise effects or alterations in Accenture&CloseCurlyQuotes anticipations.

About Accenture

Accenture is a primary international experienced solutions company that assists the world&CloseCurlyQuotes main corporations, governments and other corporations make their electronic main, improve their functions, speed up income growth and enhance citizen services—creating tangible worth at pace and scale. We are a talent- and innovation-led enterprise with about 733,000 persons serving clients in extra than 120 nations around the world. Technologies is at the core of transform right now, and we are 1 of the world&CloseCurlyQuotes leaders in assisting push that modify, with potent ecosystem interactions. We incorporate our strength in technology and leadership in cloud, knowledge and AI with unmatched market experience, useful abilities and world-wide supply ability. We are uniquely in a position to provide tangible outcomes because of our wide vary of solutions, solutions and property throughout Tactic & Consulting, Engineering, Functions, Industry X and Song. These abilities, with each other with our lifestyle of shared success and determination to producing 360° value, empower us to help our clientele reinvent and develop trustworthy, lasting relationships. We measure our achievements by the 360° value we develop for our clientele, each individual other, our shareholders, companions and communities. Stop by us at www.accenture.com.

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