Accenture has acquired Ocelot Consulting, a firm specializing in full-stack development, data engineering, data science, and cloud modernization strategy. Financial terms of the deal were not disclosed.
This is technology M&A deal number 318 that ChannelE2E and MSSP Alert have covered so far in 2023. See more than 2,000 technology M&A deals for 2023, 2022, 2021, and 2020 listed here.
Accenture, founded in 1989, is based in Dublin, Ireland. The company has 541,251 associated members listed on LinkedIn. Accenture's areas of expertise include artificial intelligence, data and analytics and security.
Ocelot Consulting, founded in 2016, is based in St. Louis, Missouri. The company has 115 employees listed on LinkedIn. Ocelot Consulting’s areas of expertise include cloud consultancy, full-stack development, data engineering, and data science.
The acquisition is intended to enhance Accenture’s Amazon Web Services (AWS) engineering skills in the Midwest, advancing cloud transformation for North American clients.
Accenture Acquires Ocelot: Perspectives from Company Leaders
Andy Tay, Global Lead of Accenture Cloud First, commented:
"Ocelot Consulting increases our talent base to help clients build a strong digital core—powered by cloud, data, and AI—and to achieve new performance frontiers."
Tyler Robert, Co-founder and President of Ocelot Consulting, said:
"For the past seven years, we have focused on sharing our transformational lessons in agility, cloud, security, and development operations with other companies in the region."
Taliya King, Office Managing Director—St. Louis, Accenture, remarked:
"The combined strength of Accenture and Ocelot Consulting will accelerate client growth in industries including utilities, banking, insurance, agriculture, and consumer goods."
Enhancing Cloud Transformation Capabilities
The deal is a strategic move to enhance cloud-based services and capabilities, according to the company. This merger brings together diverse skills and experiences, aiming to provide innovative and effective cloud solutions to a broader range of clients, Accenture said.
The acquisition of Ocelot Consulting is part of a larger strategy to expand the company's cloud engineering and digital transformation capabilities, meeting the evolving needs of clients in various industries.
Accenture has been very active in the M&A space in recent years. You can see a full list of Accenture acquisitions ChannelE2E has tracked here.
