Clearwater International advises Infinity Works on sale to Accenture
Birmingham’s Clearwater International has advised digital transformation consultancy Infinity Works on its sale to global professional service company Accenture.
The sale will mark an exit for investors Growth Capital Partners (GCP).
Founded in 2014 and headquartered in Leeds, Infinity Works’ team of 480 staff specialise in using agile and cloud-first approaches to enable some of the UK’s most recognised businesses and public services to digitally transform.
From tier-one retail and financial services to the NHS, Infinity Works provides a range of services including data, cloud, design and research, and full-stack engineering.
GCP invested in Infinity Works in March 2019 as a supportive partner to the founder management team. During the last two years, GCP’s support and investment has enabled Infinity Works to accelerate growth, boosting the service proposition of the business and more than doubling headcount.
The Clearwater International team comprised artner Carl Houghton, partner Richard Goldsack, TMT director Wesley Fell-Smith, TMT associate directors Jonathan Grant and Kirsten Handley, associate Gregory Cornes and executive Carly Sinicrope, with support from US partner KeyBanc Capital Market, led by managing director Dev Navare.
Wesley Fell-Smith said: “In a rapidly evolving market, Infinity Works stands out because of its deep technical expertise in cloud migration and data with a great culture focussed on nurturing and developing its talented people, who are committed to delivering exceptional outcomes for their clients. I am sure that the team will thrive as part of Accenture.”