Bounteous, a digital innovation partner for the world’s most ambitious brands, and Accolite Digital, a leading provider of digital engineering, cloud, data and artificial intelligence services, announced their merger and creating a new end-to-end digital transformation services consultancy with leading brands from around the world to co-innovate and drive exceptional client outcomes.
The combined company will be headquartered in Chicago with offices in North America, Europe and Asia, and will have a team of 5,000 people, more than 1,200 in North America, more than 3,400 in APAC and more than 400 in Europe. In addition to the merger, the company serves more than 300 Fortune 1000 and high-growth clients in solving their mission-critical problems. With this merger, the company will be among the leading digital transformation consultancies in the world.
Keith Schwartz will serve as CEO and Leela Kaza as co-CEO of the combined entity, where they will work together to advance its mission of empowering businesses around the world to compete more successfully in the ever-evolving digital landscape.
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Clients will benefit from a wide range of AI and data, cloud and customer experience solutions, in addition to Martech, digital commerce and product engineering. With an experienced, broad and diverse team of experts distributed around the world, clients will have access to the right talent to deliver excellence, regardless of their location.
The new entity has an impressive list of accreditations, certified teams and awards across Adobe, Acquia, AWS, Azure, Google, Murex, Olo, Oracle, Salesforce, ServiceNow, Snowflake and more. Among its notable achievements, the new entity shines with its partnership with Adobe, a Gold solution and specialty partner that recently received its eighth specialization, and a distinguished collaboration with AWS, backed by nearly 300 accreditations and a track record of empowering more than 50 customers. from AWS.
The combined entity will serve leading global companies and help them address their most complex challenges in industries such as banking, finance and insurance; consumer goods and retail trade; health care; Logistics; restaurants and convenience stores; telecommunications; technology; and travel and hospitality.
“The combination accelerates the realization of the vision Bounteous has worked toward since its founding: to become the world’s leading digital innovation partner. “Accolite shares our obsession with customer success and has an admirable track record of creating lasting value and impact for its customers,” said Keith Schwartz, co-founder and CEO of Bounteous. “Together, we are reshaping the digital transformation landscape and helping businesses adapt and succeed in the era of the connected customer.”
“As customer demands become increasingly complex, businesses need a technology partner that can see the bigger picture and deliver solutions that help them win in their category,” said Leela Kaza, Founder and CEO from Accolite. “With Bounteous’ digital innovation mastery combined with Accolite’s digital engineering expertise and talent across North America, EMEA and APAC, we are uniquely positioned to empower our customers to create extraordinary experiences that inspire genuine recognition of brand and long-term loyalty. “This combination also delivers on our stated goal of becoming one of the world’s leading digital engineering companies.”
Both companies are backed by New Mountain Capital, a New York-based investment firm that emphasizes business creation and growth.
Prasad Chintamaneni, CEO of New Mountain Capital, said: “This merger is a testament to the scale and quality of work that both Accolite and Bounteous have delivered for their clients over the years. We see tremendous growth potential in the combination of these two companies, both of which bring impressive lists of blue-chip clients, world-class digital engineering and consulting capabilities, and a deep commitment to innovation. “The technology, skills and global delivery capabilities represented here create a highly attractive digital transformation partner for C-suite leaders from the world’s largest brands.”
SOURCE: BusinessWire