Houlihan Lokey Advises Comtech

Houlihan Lokey is pleased to announce the sale of Comtech Group Inc. (Comtech) to Accenture (NYSE:ACN). The transaction closed on October 26, 2023.

Founded in 1994 and headquartered in Toronto, Comtech is a leading consulting and program management company for infrastructure projects in Canada and the United States. Its clients are transportation, infrastructure, industrial manufacturing, building, and power and utility companies in the public and private sectors. Comtech helps them deliver large, long-term infrastructure projects, such as urban transportation, automotive manufacturing processes, renewable and nuclear power, and building rehabilitation. The firm’s people bring a mix of consulting and project management expertise in construction management, facility and manufacturing engineering, and process control automation. Comtech has offices in Canada and the United States.

Accenture is a leading global professional services company that helps the world’s leading businesses, governments, and other organizations build their digital core, optimize their operations, accelerate revenue growth, and enhance citizen services—creating tangible value at speed and scale. Accenture is a talent and innovation-led company with approximately 733,000 people serving clients in more than 120 countries.

Houlihan Lokey served as the exclusive financial advisor to Comtech. This deal exemplifies the continued success of Houlihan Lokey’s dedicated coverage of the engineering and infrastructure services sector.