Ropes & Gray has advised Engineering Group on the signing of an agreement with Accenture for the sale of Industries eXcellence Group, active in the development and implementation of digital solutions for industrial sectors, with a primary focus on the United States and selected European markets.
This transaction is a significant step forward on the ongoing strategic transformation aimed at sharpening Engineering’s focus on its core segments and further accelerating the fast-growing AI offering.
The Ropes & Gray team was led by private equity partners Cataldo Piccarreta and Giorgia Lugli with support from counsel Jacopo Figus Diaz, associates Federica Di Terlizzi and Riccardo Masaro, and trainees Mattia Montaini, Marianna Pessi, Manfredi Comande, Paolo Maggisano, Federica Giovannini, Costanza Cappelli, and Nicolo Di Martino in the Milan team. Additional support was provided by private equity partner Charles Boer, tax partner Zhen Zhang, data privacy & cybersecurity partner Maya Song, litigation & enforcement partner Emerson Siegle, executive compensation & employee benefits partner Renata Ferrari, and associates Kim Ton-That, Riley Curtin, and Tehya Corona in the U.S. team.
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