Accenture Completes Acquisition of Javelin Group, Expands Accenture Strategy Capabilities in the Retail Industry
LONDON; June 29, 2015 – Accenture (NYSE: ACN) has completed its acquisition of Javelin Group, a retail strategy consulting and digital transformation services provider. The acquisition was first announced on May 18, 2015.
Accenture acquires Javelin Group to expand its capabilities
in helping the world’s leading retailers
and consumer brands accelerate their digital transformation.
Javelin Group will be a distinct business unit within Accenture Strategy, where its specialist retail strategy and digital capabilities will strengthen Accenture’s ability to help the world’s leading retailers and consumer brands accelerate their digital transformation. The combination of Javelin Group’s skills and Accenture’s global reach and industry expertise will enable Accenture Strategy to better serve a fast growing international retail market.
“As digital technologies transform consumer behaviours and help retailers deliver new, differentiated experiences, leading brands face the challenge of executing large scale change rapidly,” said Chris Donnelly, Retail Industry Strategy lead, Accenture Strategy. “Javelin Group’s unique set of integrated strategy consulting and implementation capabilities will help us support clients through their entire digital transformation journey.”
Javelin Group brings to Accenture Strategy a broad range of services including digital market assessment and potential evaluation, digital performance improvement, omni-channel retail planning, retail analytics, supply chain fulfilment and operations, as well as location and international expansion strategy. It also provides digital technology consulting and systems implementation and support services.
Accenture is a global management consulting, technology services and outsourcing company, with more than 336,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$30.0 billion for the fiscal year ended Aug. 31, 2014. Its home page is www.accenture.com.
Accenture Strategy operates at the intersection of business and technology. We bring together our capabilities in business, technology, operations and function strategy to help our clients envision and execute industry-specific strategies that support enterprise wide transformation. Our focus on issues related to digital disruption, competitiveness, global operating models, talent and leadership help drive both efficiencies and growth. For more information, follow @AccentureStrat or visit www.accenture.com/strategy.
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