Accenture to buy Maryville Consulting to expand its tech strategy

Accenture’s agreement to acquire Maryville Consulting Group marks a strategic advancement in bolstering its technology strategy capabilities.

Maryville, established in 1994 and based in St. Louis, Missouri, is a distinguished full-service digital transformation consultancy. The firm’s proprietary Product Model framework facilitates technology transformations through comprehensive processes, governance, funding models, and performance metrics.

Maryville’s core expertise lies in digitising value streams, enabling effective collaboration with stakeholders to develop unified, actionable strategies.

Their business management services further provide a robust financial foundation for strategic execution, offering portfolio-based budgeting and forecasting while integrating total cost of ownership into product-level profit and loss statements.

Joey Blomker, managing director of Maryville Consulting Group, emphasised that joining Accenture signifies a natural progression for the company, facilitating the scaling of their mission to align technology with business outcomes.

The acquisition will integrate Maryville’s team of over 100 professionals into Accenture’s North American operations, enhancing the firm’s technology-enabled “Reinvention and Product Operations” capabilities.

Furthermore, the partnership strengthens Accenture’s value proposition by combining its outcome-focused consulting strategy with Maryville’s established collaborations with prominent technology firms such as Apptio and ServiceNow.

Keith Boone, Accenture’s tech strategy and advisory lead for the Americas, highlighted that Maryville’s deep expertise and client relationships will significantly augment Accenture’s capacity to help clients leverage technology as a competitive advantage.

Pending standard closing conditions and antitrust approvals, this acquisition reflects Accenture’s commitment to expanding its technology strategy and advisory prowess in an increasingly digital business environment.