{"id":534565,"date":"2021-09-07T06:38:01","date_gmt":"2021-09-07T10:38:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/accenture-to-acquire-king-james-group-one-of-the-largest-independent-creative-agencies-in-south-africa\/"},"modified":"2021-09-07T06:38:01","modified_gmt":"2021-09-07T10:38:01","slug":"accenture-to-acquire-king-james-group-one-of-the-largest-independent-creative-agencies-in-south-africa","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/accenture-to-acquire-king-james-group-one-of-the-largest-independent-creative-agencies-in-south-africa\/","title":{"rendered":"Accenture to Acquire King James Group, One of the Largest Independent Creative Agencies in South Africa"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Accenture to Acquire King James Group, One of the Largest Independent Creative Agencies in South Africa <\/b><\/p>\n<p class=\"bwalignc\">\nThis is the first planned acquisition for Accenture in South Africa and on the African continent\n<\/p>\n<p>JOHANNESBURG&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.accenture.com%2Fza-en&amp;esheet=52487002&amp;newsitemid=20210907005435&amp;lan=en-US&amp;anchor=Accenture&amp;index=1&amp;md5=1868081835d41010c15bd91cec62ffa8\">Accenture<\/a> (NYSE: ACN) has entered into an agreement to acquire <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fkingjames.co.za%2F&amp;esheet=52487002&amp;newsitemid=20210907005435&amp;lan=en-US&amp;anchor=King+James+Group&amp;index=2&amp;md5=25509e30b625a09e5a9b2e3635522779\">King James Group<\/a>, a highly awarded creative agency with deep expertise in brand strategy, creativity and digital marketing services. The move will strengthen Accenture Interactive\u2019s focus on putting creativity at the center of experience-led transformation to drive relevance and growth for its clients.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210907005435\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210907005435\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210907005435\/en\/903423\/4\/KJG.jpg\" alt=\"Accenture to Acquire King James Group putting creativity at the center of experience-led transformation (Photo: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Accenture to Acquire King James Group putting creativity at the center of experience-led transformation (Photo: Business Wire)<\/p>\n<\/div>\n<p>\n\u201cTo succeed today, our clients must create unified brand experiences that make their customers\u2019 lives easier and more meaningful. King James Group\u2019s creativity and strength in driving marketing and communications that result in brand equity, will meet our clients\u2019 demands for a single partner with seamless offerings across marketing, commerce and experience,\u201d said Haydn Townsend, Accenture Interactive\u2019s managing director for South Africa.\n<\/p>\n<p>\nAs the first acquisition for Accenture in Africa, it demonstrates the company\u2019s continued investment in bringing best-in-class thinking, capabilities and innovation to its clients across the continent. King James Group\u2019s team of 300 highly skilled creative and brand experts will join Accenture Interactive in South Africa.\n<\/p>\n<p>\nFounded in 1998 with locations in Cape Town and Johannesburg, King James Group offers integrated communications solutions across several industries, including financial services, consumer goods, technology and media. King James Group has consistently been one of South Africa\u2019s most awarded agencies in industry and business rankings, along with countless creative accolades, including Cannes Lions, D&amp;AD, One Show, Clios, Loerie Awards, PRISMS, Bookmarks and the Creative Circle.\n<\/p>\n<p>\nJames Barty, founding partner and chief executive of the King James Group said: \u201cWe have pushed creative boundaries and brand thinking since our inception 24 years ago. Establishing a bigger, more relevant presence has always been on our horizon, and we\u2019re proud to do it in a way that will continue to preserve our ethos, hone our craft and build on our existing achievements. Joining Accenture Interactive will be an incredible opportunity that will offer our people exciting growth and our client\u2019s access to outstanding capabilities on a global scale.\u201d\n<\/p>\n<p>\nAlistair King, founder and chief creative officer, King James Group said: \u201cThis is not just the logical next step for our agency, but it\u2019s a deeply enticing one. We have long admired the creative path that Accenture Interactive is on, and we relish the prospect of King James Group joining the family. This union will make us a better agency, period.\u201d\n<\/p>\n<p>\nFlaviano Faleiro, Accenture Interactive\u2019s president for Growth Markets, said: \u201cAs we continue to lead our clients into the future and empower them to put creative excellence and experience at the heart of their business, we are delighted to welcome King James Group. The agency\u2019s capabilities and scale will complement our efforts to meet client demand for transformative experiences in the market and across all industries.\u201d\n<\/p>\n<p>\nCompletion of the acquisition is subject to customary closing conditions. Terms of the acquisition were not disclosed.\n<\/p>\n<p><b>About Accenture <\/b><\/p>\n<p>\nAccenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services \u2014 all powered by the world\u2019s largest network of Advanced Technology and Intelligent Operations centers. Our 569,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.accenture.com&amp;esheet=52487002&amp;newsitemid=20210907005435&amp;lan=en-US&amp;anchor=www.accenture.com&amp;index=3&amp;md5=76e4f37d05851ff6129c8b156e6367af\">www.accenture.com <\/a><\/p>\n<p>\nAccenture Interactive is reimagining business through experience. We drive sustainable growth by creating meaningful experiences that live at the intersection of purpose and innovation. By connecting deep human and business insights with the possibilities of technology, we design, build, communicate and run experiences that make lives easier, more productive and rewarding. Accenture Interactive is ranked the world\u2019s largest digital agency by Ad Age and has been named a Most Innovative Company by Fast Company. To learn more, follow us <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FAccentureActive&amp;esheet=52487002&amp;newsitemid=20210907005435&amp;lan=en-US&amp;anchor=%40AccentureACTIVE&amp;index=4&amp;md5=1670b80980353f2e3cc6ec79d4be4dbe\">@AccentureACTIVE<\/a> and visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.accentureinteractive.com%2F&amp;esheet=52487002&amp;newsitemid=20210907005435&amp;lan=en-US&amp;anchor=www.accentureinteractive.com&amp;index=5&amp;md5=d66891df258ae97063b663a94ed66860\">www.accentureinteractive.com<\/a><\/p>\n<p><b>About the King James Group<\/b><\/p>\n<p>\nThe King James Group is a two-decade young independent South African agency, made up of multiple specialist companies and divisions that work collaboratively. Its specialist teams deliver integrated communications solutions which includes PR, above-the-line advertising, below-the-line design and promotional campaigns, digital communications, corporate reputation, content marketing and social media. It also offers retail expertise in the communications mix through its in-house retail studio as well as shopper marketing. Visit us at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kingjames.co.za&amp;esheet=52487002&amp;newsitemid=20210907005435&amp;lan=en-US&amp;anchor=www.kingjames.co.za&amp;index=6&amp;md5=fe758713087d5f2725633a6afc198d9b\">www.kingjames.co.za<\/a><\/p>\n<p><b>Forward-Looking Statements <\/b><\/p>\n<p>\nExcept for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201clikely,\u201d \u201canticipates,\u201d \u201cexpects,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cprojects,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201cpositioned,\u201d \u201coutlook\u201d and similar expressions are used to identify these forward-looking statements. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. Many of the following risks, uncertainties and other factors identified below are, and will be, amplified by the COVID-19 pandemic. These risks include, without limitation, risks that: the transaction might not achieve the anticipated benefits for Accenture; Accenture\u2019s results of operations have been significantly adversely affected and could in the future be materially adversely impacted by the COVID-19 pandemic; Accenture\u2019s results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and political conditions and the effects of these conditions on the company\u2019s clients\u2019 businesses and levels of business activity; Accenture\u2019s business depends on generating and maintaining ongoing, profitable client demand for the company\u2019s services and solutions including through the adaptation and expansion of its services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving technological environment could materially affect the company\u2019s results of operations; if Accenture is unable to keep its supply of skills and resources in balance with client demand around the world and attract and retain professionals with strong leadership skills, the company\u2019s business, the utilization rate of the company\u2019s professionals and the company\u2019s results of operations may be materially adversely affected; Accenture could face legal, reputational and financial risks if the company fails to protect client and\/or company data from security incidents or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; Accenture\u2019s profitability could materially suffer if the company is unable to obtain favorable pricing for its services and solutions, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies or fail to satisfy certain agreed-upon targets or specific service levels; changes in Accenture\u2019s level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company\u2019s effective tax rate, results of operations, cash flows and financial condition; Accenture\u2019s ability to attract and retain business and employees may depend on its reputation in the marketplace; as a result of Accenture\u2019s geographically diverse operations and its growth strategy to continue to expand in its key markets around the world, the company is more susceptible to certain risks; Accenture\u2019s business could be materially adversely affected if the company incurs legal liability; Accenture\u2019s work with government clients exposes the company to additional risks inherent in the government contracting environment; Accenture\u2019s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; if Accenture does not successfully manage and develop its relationships with key alliance partners or fails to anticipate and establish new alliances in new technologies, the company\u2019s results of operations could be adversely affected; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture\u2019s services or solutions infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; Accenture\u2019s results of operations and share price could be adversely affected if it is unable to maintain effective internal controls; changes to accounting standards or in the estimates and assumptions Accenture makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; Accenture might be unable to access additional capital on favorable terms or at all and if the company raises equity capital, it may dilute its shareholders\u2019 ownership interest in the company; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the \u201cRisk Factors\u201d heading in Accenture plc\u2019s most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture\u2019s expectations.\n<\/p>\n<p><i>Copyright \u00a9 2021 Accenture. All rights reserved. Accenture and its logo are trademarks of Accenture. <\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210907005435r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210907005435\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210907005435\/en\/<\/a><\/span><\/p>\n<p>\nRosie Milton<br \/>\n<br \/>Accenture<br \/>\n<br \/>+44 77 6928 6484<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:rosie.milton@accenture.com\">rosie.milton@accenture.com<\/a><\/p>\n<p>\nJonathan Mahapa<br \/>\n<br \/>Accenture<br \/>\n<br \/>+27 11 208 3947<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:jonathan.mahapa@accenture.com\">jonathan.mahapa@accenture.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Africa South Africa<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Software Networks Consulting Advertising Data Management Communications Professional Services Technology<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210907005435\/en\/903423\/3\/KJG.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Accenture to Acquire King James Group putting creativity at the center of experience-led transformation (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Accenture to Acquire King James Group, One of the Largest Independent Creative Agencies in South Africa This is the first planned acquisition for Accenture in South Africa and on the African continent JOHANNESBURG&#8211;(BUSINESS WIRE)&#8211;Accenture (NYSE: ACN) has entered into an agreement to acquire King James Group, a highly awarded creative agency with deep expertise in brand strategy, creativity and digital marketing services. The move will strengthen Accenture Interactive\u2019s focus on putting creativity at the center of experience-led transformation to drive relevance and growth for its clients. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210907005435\/en\/ Accenture to Acquire King James Group putting creativity at the center of experience-led transformation (Photo: Business Wire) \u201cTo succeed today, our clients must &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/accenture-to-acquire-king-james-group-one-of-the-largest-independent-creative-agencies-in-south-africa\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Accenture to Acquire King James Group, One of the Largest Independent Creative Agencies in South Africa&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-534565","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Accenture to Acquire King James Group, One of the Largest Independent Creative Agencies in South Africa - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/accenture-to-acquire-king-james-group-one-of-the-largest-independent-creative-agencies-in-south-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Accenture to Acquire King James Group, One of the Largest Independent Creative Agencies in South Africa - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Accenture to Acquire King James Group, One of the Largest Independent Creative Agencies in South Africa This is the first planned acquisition for Accenture in South Africa and on the African continent JOHANNESBURG&#8211;(BUSINESS WIRE)&#8211;Accenture (NYSE: ACN) has entered into an agreement to acquire King James Group, a highly awarded creative agency with deep expertise in brand strategy, creativity and digital marketing services. The move will strengthen Accenture Interactive\u2019s focus on putting creativity at the center of experience-led transformation to drive relevance and growth for its clients. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210907005435\/en\/ Accenture to Acquire King James Group putting creativity at the center of experience-led transformation (Photo: Business Wire) \u201cTo succeed today, our clients must &hellip; Continue reading &quot;Accenture to Acquire King James Group, One of the Largest Independent Creative Agencies in South Africa&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/accenture-to-acquire-king-james-group-one-of-the-largest-independent-creative-agencies-in-south-africa\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-07T10:38:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20210907005435\/en\/903423\/4\/KJG.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/accenture-to-acquire-king-james-group-one-of-the-largest-independent-creative-agencies-in-south-africa\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/accenture-to-acquire-king-james-group-one-of-the-largest-independent-creative-agencies-in-south-africa\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Accenture to Acquire King James Group, One of the Largest Independent Creative Agencies in South Africa\",\"datePublished\":\"2021-09-07T10:38:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/accenture-to-acquire-king-james-group-one-of-the-largest-independent-creative-agencies-in-south-africa\\\/\"},\"wordCount\":1732,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/accenture-to-acquire-king-james-group-one-of-the-largest-independent-creative-agencies-in-south-africa\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20210907005435\\\/en\\\/903423\\\/4\\\/KJG.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/accenture-to-acquire-king-james-group-one-of-the-largest-independent-creative-agencies-in-south-africa\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/accenture-to-acquire-king-james-group-one-of-the-largest-independent-creative-agencies-in-south-africa\\\/\",\"name\":\"Accenture to Acquire King James Group, One of the Largest Independent Creative Agencies in South Africa - 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