Analysis

November 5, 2019

Rush to acquire innovation agencies

Big consultancies like Accenture, BCG and McKinsey have bought up a string of small innovation agencies in an attempt to remain relevant.


Maija Palmer

2 min read

Photo credit: Photo by Brandy S on Unsplash

London-based digital consultancy Bow & Arrow has become the sixth innovation agency to be bought by Accenture in the last year. The acquisition, for an undisclosed sum, is part of a flurry of deals by big consultancies to buy small innovation-based advisory business.

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Innovation agency acquisitions
A chart showing the rise in the number of innovation agency acquisitions by the five big consultancy firms (Accenture, McKinsey, Deloitte, Boston Consulting Group and Capgemini) since 2013.
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Consultancy acquisitions
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Consultancy acquisitions by headcount
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Innovation consultancy acquisitions by year
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