M&A Deals That Reshaped The Channel: October 2016
Submitted by Michael Novinson and Jimmy Sheridan on
12. Accenture
Company acquired: Allen International
Head count: 11-50 employees
Annual revenue: Not disclosed
Purchase price: Not disclosed
Date of announcement: Oct. 18
Channel giant Accenture acquired London-based consultancy Allen International to help banking clients reinvent their physical branches and digital offerings.
The Chicago-based company, No. 2 on the 2016 CRN Solution Provider 500, said Allen International will help banks transform their branches with new digital offerings and networks to reduce costs, increase revenue and better engage customers.
Accenture will also benefit from Allen International's history in the vertical, in which the company has worked with more than 350 banks around the world.
This acquisition strengthens Accenture’s current distribution transformation offering, which analyzes how banks interact with their customers.