Why Bounteous And Accolite Are Merging

By Amit Chowdhry ● Feb 10, 2024

Bounteous (a digital innovation partner of the world’s most ambitious brands) and Accolite Digital (a leading digital engineering, cloud, data & AI services provider) announced a merger, creating a new end-to-end digital transformation services consultancy that partners with leading brands around the globe to co-innovate and drive exceptional client outcomes.

This combined company will be based out of Chicago with offices across North America, Europe, and Asia, and will be 5,000 people strong, with 1,200+ in North America, 3,400 + in APAC, and 400+ in Europe. Following the merger, the company serves over 300 Fortune 1,000 and high-growth clients, solving their mission-critical problems. Following this merger, the company will be amongst the world’s leading digital transformation consultancies.

Keith Schwartz will serve as CEO and Leela Kaza will serve as Co-CEO of the combined entity, where they will work on furthering a goal of empowering businesses worldwide to compete more successfully in the ever-evolving digital landscape.

The clients will benefit from a comprehensive range of AI & Data, Cloud, Customer Experience & Martech, Digital Commerce, and Product Engineering solutions. And with an experienced, scaled and diverse team of experts across the globe, clients will have access to the right talent to deliver excellence, regardless of location.

This new entity boasts an impressive roster of accreditations, certified teams, and awards across Adobe, Acquia, AWS, Azure, Google, Murex, Olo, Oracle, Salesforce, ServiceNow, Snowflake and more. Among the notable achievements, the new entity shines with its Adobe partnership, a Gold Solution and Specialized Partner that recently received its eighth specialization, and a distinguished collaboration with AWS, underscored by nearly 300 accreditations and a track record of empowering over 50 AWS customers.

This combined entity will serve global companies helping to navigate their most complex challenges across industries like Banking, Financial, and Insurance; Consumer Goods and Retail; Healthcare; Logistics; Restaurant and Convenience; Telecommunications; Technology; and Travel & Hospitality.

Accolite is known for building a wearable device for FedEx that is able to detect fatigue among drivers. And Bounteous is known as the company behind the Domino’s Pizza Tracker.

Both companies are backed by New Mountain Capital, a New York-based investment firm that emphasizes business building and growth.

KEY QUOTES:

“This combination accelerates the realization of the vision Bounteous has been working toward since our founding: to become the world’s preeminent digital innovation partner. Accolite shares our obsession with customer success and has an admirable track record of creating lasting value and impact for their clients. Together, we are re-shaping the landscape of digital transformation and helping businesses adapt and succeed in the age of the connected customer.“

– Keith Schwartz, Co-Founder and CEO of Bounteous

“As customer demands become increasingly complex, businesses need a technology partner who can see the bigger picture and deliver solutions that help them win in their category. With the digital innovation mastery of Bounteous combined with Accolite’s digital engineering expertise and talent across North America, EMEA, and APAC, we are uniquely positioned to empower our clients to create extraordinary customer experiences that inspire genuine brand appreciation and long-term loyalty. This combination also fulfills our stated goal of becoming one of the top digital engineering firms in the world.”

– Leela Kaza, Founder and CEO of Accolite

“This merger is a testament to the scale and quality of the work both Accolite and Bounteous have delivered to clients over the years. We see tremendous growth potential in the combination of these two companies, both of which bring impressive, blue-chip customer rosters, world-class digital consulting and engineering capabilities and a deep commitment to innovation. The technology, skills and global delivery capabilities represented here create a highly attractive digital transformation partner for C-suite leaders at the biggest brands in the world.”

– Prasad Chintamaneni, Managing Director at New Mountain Capital