Accenture has acquired Media Hive, an e-commerce solutions provider with expertise in cross-channel commerce strategy, custom application development and the creation of innovative retail experiences for any device.
The acquisition will strengthen the capabilities of Accenture Interactive around Salesforce Commerce Cloud (previously Demandware) implementations and the delivery of best-in-class commerce experiences for clients.
As the Demandware 2016 North America Delivery Partner of the Year, Media Hive will bring an award-winning team of strategists, consultants, delivery and support specialists, with pexpertise in platform development, systems architecture, interactive experiences, retail innovation and digital commerce.
Media Hive has delivered commerce work for some of the leading luxury retail brands including Shiseido Group, Theory, Hanna Anderrson, Lucky Brand, Citizen Watch Company of America, and more.
Founded in 2003 by Thomas McGee, co-founder and Greg O’Keeffe, co-founder and chief executive officer, Media Hive is based in Asbury Park, NJ with a second office in Brooklyn, New York.
“With the acquisition of Media Hive, we are significantly strengthening our commerce capabilities, particularly in Salesforce Commerce Cloud,” says Glen Hartman, head of Accenture Interactive, North America. “The acquisition of Demandware by Salesforce has created a new opportunity for Accenture to deliver seamless e-commerce solutions to clients built on Salesforce Commerce Cloud. Together, we will bring together Accenture Interactive’s omni-channel marketing expertise and scale with Media Hive’s robust technical and retail expertise to drive the ultimate commerce experience for our clients.”
Accenture Interactive offers end-to-end commerce services, ranging from digital commerce strategy and design to platform delivery and managed services.
“Becoming a part of Accenture Interactive will provide the ability to bring our all-star technical talent and strong retail client relationships together with Accenture’s scale and leading industry expertise,” says Vince Santo, chief operating officer and president of Media Hive. “Our team is thrilled to join Accenture as it provides a unique opportunity for the team to grow and continue to drive value for our clients.”
“It is amazing to see the energy in our ecosystem surrounding Salesforce Commerce Cloud,” says Jeffrey Barnett, CEO, Salesforce Commerce Cloud. “We are thrilled to see one of our most strategic partners double down to support the transformation of retailer customers.”
Media Hive and its shareholders were represented in this deal by a law firm team at Seward & Kissel LLP – led by partners Jim Abbott, Jim Cofer, and Anne Patin – and by financial advisor Tom O’Shea at Bentley Associates.