Wednesday, February 21, 2024
HomeNewsBounteous and Accolite join forces, forming global leader in digital transformation services

Bounteous and Accolite join forces, forming global leader in digital transformation services

Bounteous, renowned for its digital innovation, and Accolite Digital, a prominent provider of digital engineering, cloud, data, and AI services, have merged. This union creates a comprehensive digital transformation consultancy aimed at collaborating with global brands to innovate and achieve exceptional results.

Headquartered in Chicago, the combined company will have offices across North America, Europe, and Asia. It will boast a workforce of 5,000 employees, including 1,200 in North America, 3,400 in APAC, and 400 in Europe. Following the merger, the company will cater to over 300 Fortune 1,000 and high-growth clients, addressing their critical challenges. This move positions the company among the top digital transformation consultancies worldwide.

Keith Schwartz assumes the role of CEO, while Leela Kaza becomes Co-CEO of the combined entity. Together, they will drive the company’s mission of empowering businesses to thrive in the evolving digital landscape.

Clients will gain access to a broad spectrum of solutions, including AI & Data, Cloud, Customer Experience & Martech, Digital Commerce, and Product Engineering. The company’s extensive and diverse global team of experienced experts ensures clients receive excellent services, irrespective of their geographical location.

The new company holds an impressive array of accreditations, certified teams, and awards from recognized entities such as Adobe, Acquia, AWS, Azure, Google, Murex, Olo, Oracle, Salesforce, ServiceNow, Snowflake, and others. Notably, the entity stands out for its Adobe partnership as a Gold Solution and Specialized Partner, boasting its eighth specialization. Additionally, it has a noteworthy collaboration with AWS, backed by nearly 300 accreditations and a successful track record of empowering over 50 AWS customers.

The combined company is dedicated to serving leading global firms, assisting them in navigating intricate challenges across various industries, including Banking, Financial, and Insurance; Consumer Goods and Retail; Healthcare; Logistics; Restaurant and Convenience; Telecommunications; Technology; and Travel & Hospitality.

“This combination accelerates the realization of the vision Bounteous has been working toward since our founding: to become the world’s preeminent digital innovation partner. Accolite shares our obsession with customer success and has an admirable track record of creating lasting value and impact for their clients,” said Keith Schwartz, Co-Founder and CEO of Bounteous. “Together, we are re-shaping the landscape of digital transformation and helping businesses adapt and succeed in the age of the connected customer.“

“As customer demands become increasingly complex, businesses need a technology partner who can see the bigger picture and deliver solutions that help them win in their category,” said Leela Kaza, Founder and CEO of Accolite. “With the digital innovation mastery of Bounteous combined with Accolite’s digital engineering expertise and talent across North America, EMEA, and APAC, we are uniquely positioned to empower our clients to create extraordinary customer experiences that inspire genuine brand appreciation and long-term loyalty. This combination also fulfills our stated goal of becoming one of the top digital engineering firms in the world.”

Both companies are backed by New Mountain Capital, a New York-based investment firm that emphasizes business building and growth. 

Prasad Chintamaneni, Managing Director at New Mountain Capital, said, “This merger is a testament to the scale and quality of the work both Accolite and Bounteous have delivered to clients over the years. We see tremendous growth potential in the combination of these two companies, both of which bring impressive, blue-chip customer rosters, world-class digital consulting and engineering 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 at the biggest brands in the world.”

Subscribe To Newsletter

ICYMI

BRL Editor
BRL Editorhttps://businessreviewlive.com
Business Review Live covers finance, technology, travel, lifestyle, and everything in between through exclusive interviews and analysis, market statistics, digital video, and an expanded array of content formats.