On August 24, 2017, it was announced that Accenture (NYSE: ACN) had acquired VERAX Solutions (VERAX), a Toronto-based technology and systems-integration consulting firm that serves the financial services sector in Canada.
Accenture is a leading global professional services company with more than 411,000 employees in 120 countries providing a broad range of services in strategy, consulting, digital, technology and operations across more than 40 industries and all business functions. The acquired company, VERAX, is a technology and systems-integration consulting firm founded in 2003 that serves the financial services sector in Canada. Employing around 180 people, its key service areas include IT strategy, enterprise architecture consulting, project and program management, financial risk, compliance solutions, business intelligence, and data warehousing.
Fasken advised Accenture in this acquisition with a team led by Michel Boislard that included Kiran Singh, Alexandra Lazar, Christian Paquette, Alain Ranger, and Kevin Yip.
