Accenture Complete Its Acquisition of H.B. Maynard and Co., Inc by Madhav Srinivasan

Accenture Complete Its Acquisition of H.B. Maynard and Co., Inc by Madhav Srinivasan


Accenture, a global management consulting, technology services and outsourcing company, acquires H.B.Maynard and Co., Inc. a consulting and software firm, which provides workforce-productivity-management solutions to assist companies enhance their market competitiveness. Accenture is an outsourcing company which teams up with its customers to help them become high-performance governments and companies.

By providing Accenture with the dedicated expertise of Maynard in workforce performance methods, the acquisition makes the Retail practice of Accenture much stronger. This provides a diversity of services to facilitate customers improve their workforce performance.

Janet Hoffman, managing director of Accenture's Retail practice in North America said, "The combination of Accenture's experience with Maynard's processes and tools will help our clients achieve both operational and workforce efficiency more quickly than ever, putting them on the road to high performance." He further said that this acquisition has facilitated them to improve their management consulting practice, mainly around retail stores and distribution.

The changeover of more than 90 employees of Maynard to Accenture complements the aggressive recruiting initiatives of Accenture to meet up the increasing demand of customers for management consulting services. No agreement terms were revealed.

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Accenture Complete Its Acquisition of H.B. Maynard and Co., Inc - November 2007