Accenture (NYSE: ACN) has acquired The Shelby Group, a leading provider of digital procurement and optimization services. The acquisition further enhances Accenture’s capabilities in sourcing and procurement technology transformation. Financial terms of the transaction were not disclosed.
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Accenture has acquired The Shelby Group, a leading provider of digital procurement and optimization services. (Graphic: Business Wire)
Founded in 2002 with headquarters in Schaumburg, Illinois, The Shelby Group is a procurement technology consultancy with deep 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.
“In an environment characterized by ongoing disruption, businesses are looking to deliver sustainable savings, reduce risk and support business growth,” said Emma McGuigan, senior managing director and Enterprise & Industry Technologies lead at Accenture. “The depth of The Shelby Group’s digital procurement experience helps us meet growing client demand for sourcing and procurement transformation.”
Jim Kandilas, CEO and co-founder, The Shelby Group, said, “For more than 20 years, we have helped our clients reimagine the strategic value of their procurement function. Our goals of delivering savings and operating efficiencies, along with improved treasury and risk management results through digitization will continue. As part of Accenture, we will further scale our solutions and accelerate innovation, providing exciting new opportunities for our people and our valued clients.”
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.
Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 733,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com.
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