DEAL ALERT
Isosceles Finance is pleased to announce their client, BackOffice Associates (a worldwide leader of information governance and data modernisation solutions), has acquired Comprise IT, a U.K. consulting firm specialising in helping enterprises adopt SAP’s Business Suite 4 SAP HANA. Isosceles acted as exclusive finance advisor to BackOffice Associates. The transaction closed on 20th April, 2016.
BackOffice Associates’ acquisition of CompriseIT is the latest initiative in strengthening the information governance leader’s expertise in helping customers globally as they embark on their journey to implement SAP S/4HANA.
CompriseIT’s Co-CEO and SAP Mentor, Owen Pettiford, will serve as Senior Vice President for SAP Digital Transformation. Dean Wood, Co-CEO, will take on the role of Senior Vice President for SAP Innovation Delivery for BackOffice Associates Limited in Europe and both executives will oversee strategic SAP S/4HANA customer implementations.
What did BackOffice and CompriseIT say about the deal?
David Booth, Chairman and CEO, BackOffice Associates said: “Our relationship has evolved over the past 18 months and after a series of highly successful customer engagements, we recognized that a union between the two organizations was a natural fit for helping customers accelerate adoption and realize the most value out of SAP S/4HANA”
Clive Bellmore, CEO – Europe and Africa, BackOffice Associates said: “This acquisition further solidifies our position as thought leaders in the SAP S/4HANA space. In addition to complementing our ongoing investment in our Barcelona SAP S/4HANA Delivery Centre, we are now uniquely positioned to offer customers the breadth and depth of solutions they need to plan and execute their journey to SAP S/4HANA.”
Owen Pettiford, co-CEO of CompriseIT said: “We are very excited to join the BackOffice Associates family and believe the combination of both organizations will offer the global market unprecedented access to end-to-end SAP S/4HANA delivery knowledge. We also look forward to adding further momentum to the recently-launched BackOffice Delivery Center for SAP S/4HANA in Barcelona.”
Read the full press release here
