Accenture (NYSE: ACN) has acquired The Shelby Group, a Schaumburg, Illinois-based provider of digital procurement and optimization services.
Financial terms of the transaction were not disclosed.
The acquisition further enhances Accenture’s capabilities in sourcing and procurement technology transformation.
Founded in 2002 by Jim Kandilas, CEO, The Shelby Group is a procurement technology consultancy with experience in Coupa and Ivalua solutions. It helps clients in the manufacturing, financial services, consumer, healthcare and technology industries transform procurement operations by increasing spend visibility and task automation and decreasing cost and risk. The Shelby Group’s team of 172 highly skilled sales and delivery professionals will join the Connected Solutions group within Accenture Technology, bolstering its position as a Coupa Global Elite partner and growing its relationship with Ivalua.
Other acquisitions Accenture has made to support its clients’ supply chain and sourcing and procurement transformations include, Xoomworks Group, a consulting and technology company headquartered in London that specializes in procurement technology, digital innovation and software solutions development; ClearEdge Partners, a firm specializing in procurement spend management, headquartered in Boston; MacGregor Partners, a supply chain consultancy and technology provider specializing in intelligent logistics and warehouse management, headquartered in Raleigh, North Carolina; and Blue Horseshoe, a supply chain management and strategy consulting firm and systems integrator headquartered in Carmel, Indiana.
FinSMEs
03/11/2023