Accenture to acquire American commerce agency The Stable

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Accenture said that it has signed a deal to acquire US-based commerce agency The Stable for an undisclosed price.

The Stable focuses on assisting consumer brands to develop and operate their own digital commerce channels and manage their brand and sales performance across major North American retailers.

Through the acquisition, Accenture is expected to boost the global commerce transformation expertise of Accenture Song as well as its ability to quickly build and operate digital commerce ecosystems driven by data that maximize the performance of sales and provide innovative marketing and commerce experiences.

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Glen Hartman — Accenture Song global lead for commerce services said: “The B2B and B2C companies that fast-track their commerce transformation across the customers’ entire life journey will grow well into the future.

“By embedding The Stable’s set of talent and capabilities into Accenture Song’s, we will continue to help our clients meet customers where they are, on their terms and reimagine buying and selling experiences.”

Accenture to acquire American commerce agency The Stable

Accenture to acquire American commerce agency The Stable. Photo courtesy of Ssu/Wikimedia Commons.

Established in 2015, The Stable offers a suite of omnichannel commerce capabilities for driving revenue and efficiency for brands in retail, consumer goods, marketplaces as well as direct-to-consumer channels.

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The team of The Stable comprising over 400 people will be absorbed into Accenture.

Chad Hetherington — The Stable founder and CEO said: “We are so proud to be joining Accenture Song to execute on our shared vision of helping the world’s best brands drive commerce and experience across all platforms and channels.

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“Joining forces with Accenture will enable us to radically expand our capabilities across the entire value chain and fuel massive growth and value to our clients and employees.”

The closing of the deal is subject to the meeting of customary closing conditions.

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