Accenture

Company acquired: InvestTech Systems Consulting

Head count: less than 200 employees

Annual revenue: undisclosed

Purchase price: undisclosed

Date of announcement: Jan. 31

Accenture agreed to buy Los Angeles-based InvestTech Systems Consulting, hoping to bolster its ability to help global investment managers, institutional investors and asset services stay in front of new digital innovations and technologies.

Dublin, Ireland-based Accenture, No. 2 on the CRN Solution Provider 500, said InvestTech will become part of Accenture's Capital Markets practice and provide consulting, strategy, digital technology and outsourcing services.

The InvestTech deal is Accenture's second industry-focused asset-management acquisition in a little over a year following its December 2015 purchase of Beacon Consulting Group, which provides management consulting to five of the top 10 North American asset management firms.