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Accenture Acquires Retail Energy Broker

February 29, 2024

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Copyright 2010-23 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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Accenture has acquired Insight Sourcing, a provider of strategic sourcing and procurement services which includes retail energy broker services

The acquisition specifically includes Insight Sourcing’s energy procurement and management business, Insight Energy

"Insight Sourcing will broaden Accenture’s sourcing and procurement services for private equity companies and the consumer goods, retail, technology and industrial industries," Accenture said

Insight Sourcing helps its clients optimize costs when sourcing and negotiating contracts for direct materials (e.g., metals, electronics, food ingredients, chemicals, clinical services), indirect materials (e.g., logistics, packaging, IT, marketing), services related to capital expenditures (e.g., construction, facility equipment) and energy procurement management.

"With Insight Sourcing, Accenture will continue expanding its capabilities for private equity clients. Insight Sourcing currently serves more than 60 companies in this industry, including 10 of the 25 largest funds in North America," Accenture said

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