by Joe Panettieri • Jul 13, 2022
Accenture has acquired The Secure — a digital commerce company centered on client manufacturers within the North American retail channel. Monetary phrases of the deal weren’t disclosed.
That is know-how M&A deal quantity 635 that ChannelE2E has lined to date in 2022.
Accenture Acquires Secure; Boosts ‘Music’ Enterprise Unit
Accenture, based in 1989, is headquartered in Dublin, Eire and has greater than 70 places across the globe. The corporate has 699,000 workers listed on LinkedIn. Accenture’s areas of experience embody administration consulting, methods integration and know-how, enterprise course of outsourcing and software and infrastructure outsourcing.
The Secure, based in 2015, is predicated in Minneapolis, Minnesota. The corporate has 463 workers listed on LinkedIn. The Secure supplies omnichannel commerce capabilities that “drive income and effectivity for manufacturers throughout client items, retail, marketplaces and direct-to-consumer channels,” the corporate indicated.
The Secure aligns with Accenture Music — a bunch that focuses on international commerce transformation experience.
Accenture Buys Commerce Company: Government Views
In a ready assertion in regards to the deal, Glen Hartman, Accenture Music’s international lead for commerce providers, mentioned:
“As we speak, each firm is a commerce firm. The B2B and B2C firms that fast-track their commerce transformation throughout the shoppers’ total life journey will develop nicely into the longer term. By embedding The Secure’s set of expertise and capabilities into Accenture Music’s, we are going to proceed to assist our shoppers meet clients the place they’re, on their phrases and reimagine shopping for and promoting experiences.”
Chad Hetherington, founder and CEO of The Secure, added:
“We’re so proud to be becoming a member of Accenture Music to execute on our shared imaginative and prescient of serving to the world’s greatest manufacturers drive commerce and expertise throughout all platforms and channels. Becoming a member of forces with Accenture will allow us to radically develop our capabilities throughout the complete worth chain and gasoline large development and worth to our shoppers and workers.”
Accenture: Associated Acquisitions, M&A Price range
Accenture has made a number of acquisitions to scale its commerce-focused experience. Instance offers embody Salesforce cloud consulting companies Businet System and Tambourine each situated in Japan; Openmind in Italy, Glamit in Argentina; and Expertise in Brazil.
Accenture expects to spend about $2.5 billion on acquisitions throughout the firm’s present 2022 fiscal 12 months. That determine is down from a earlier M&A spending estimate of about $4.0 billion for fiscal 2022.