Zinnov Advises Akkodis on Acquisition of AXISCADES Engineering Services Business

BENGALURU, India — Global management and strategy consulting firm Zinnov served as the sole financial advisor to Akkodis on its acquisition of the engineering services business from AXISCADES Technologies Limited.

The transaction involves a 100% acquisition of the engineering services business, which spans the heavy engineering, energy, and automotive sectors. The acquired business provides specialized engineering design, analysis, and lifecycle services to global manufacturers across multiple industries.

According to the details of the transaction, the acquisition provides Akkodis with complementary engineering capabilities, an expanded service delivery footprint, and strengthened customer relationships in strategic verticals.

Zinnov's mandate for the transaction included capability evaluation, deal valuation and structuring, and advisory support across a complex multi-geography carve-out. The firm also provided transaction execution support across multiple regulatory environments.

Zinnov operates as a global management and strategy consulting firm assisting organizations with technology, AI, globalization, and innovation. Over the past two decades, the firm has partnered with Fortune 500 enterprises, technology platforms, hyperscalers, Global Capability Centers (GCCs), technology service providers, and private equity firms to address growth and transformation challenges.

"Transactions involving multi-geography carve-outs and cross-border operations require meticulous execution and regulatory navigation. The involvement of specialized financial advisors like Zinnov highlights the complexity of consolidating engineering services businesses in sectors like automotive, energy, and heavy engineering. For enterprises like Akkodis, such strategic acquisitions are critical to expanding service delivery footprints and strengthening vertical capabilities in global markets." — Dr. Shishir Gupta, Founder & CEO, StartupLanes