Accenture Federal Services has entered an agreement to acquire Cognosante.
Cognosante was founded in 2008 by Michele Kang and grew into a provider of technology solutions to federal clients, including healthcare programs supporting veterans, active-duty military, patients, beneficiaries, providers and payors.
The company’s team of over 1,500 people will join Accenture Federal Services’ team of over 14,000.
“We are continually innovating and investing to help federal agencies stay ahead of the ever-changing needs of their mission and customers,” said Accenture Federal Services CEO John Goodman. “Accenture Federal Services is excited to welcome the Cognosante team. We are truly impressed with their people, capabilities, and impact. Together, we will deliver on the promise of technology for the nation’s priorities.”
Cognosante also brings its technology expertise, cloud modernization and migration capabilities, and program management to Accenture Federal Services.
“The Cognosante team is thrilled to embark on this next chapter of our remarkable journey,” Kang said. “I am grateful for the extraordinary group of past and present employees and clients who made Cognosante what it is today. As we explored ways to continue to scale and grow, we could not have found a better home than Accenture Federal Services. The company shares our commitment to its clients and people and has industry-leading capabilities, talent, speed, and scale. We look forward to continuing to help our clients modernize, enable the future mission, and enhance the lives of millions of people.”
The finalization of the acquisition is subject to regulatory review and other customary closing conditions. Terms of the transaction were not disclosed.