The combined organisation will have deep expertise in SAP S/4HANA, Analytics, HCM, Private and Public Cloud, serving clients in Retail, Fashion, Consumer Goods, Manufacturing, Energy, Logistics, Public Sector and other industries across North America, the UK, Europe and Asia Pacific.
[Aberdeen, UK | Seattle, USA – May 29, 2024] Today, Absoft Limited, a UK-based SAP implementation and managed services company, announced its acquisition by Applexus Technologies Inc, a global SAP services provider.
Applexus is a global technology leader specialising in SAP Advisory and business transformation services with a strong focus on delivering business value to its clients. It has delivery centers across the US, Canada, UK, India, and Sri Lanka, with over 500 consultants. As part of the new entity, Absoft will assume the lead role for driving growth in the UK and Europe.
The combined entity will create a differentiated provider in the SAP space with:
- A comprehensive set of services across SAP S/4HANA, analytics, private & public cloud, HCM/SuccessFactors, SAP BTP, and other technologies.
- Industry-aligned SAP solutions, S/4HANA implementation accelerators and services for customers in retail, fashion, consumer goods, oil & gas, manufacturing, rail, logistics, and public sector.
- Global delivery capabilities with over 600 staff across the USA, Canada, UK/Europe, India, and Sri Lanka.
- A complementary set of IP solutions for SAP customers.
The combination is a game changer for S/4HANA transformations, bringing together unique IP assets. Applexus CeleRITE, an AI-powered platform that automates the migration of code, configurations, data, and security for fast S/4HANA migrations, will benefit from Absoft’s DATAMA solution, which allows customers to migrate only necessary data, including historical data, a major challenge in S/4HANA migrations. The combination enables customers to accelerate mergers, acquisitions, and divestitures through automated selective transitions.
By joining with Applexus, a market leader in SAP Data & Analytics with expertise in SAP Datasphere, SAC, and best-in-class cloud analytics platforms, Absoft significantly strengthens its analytics offerings for the UK and European market.
Ian Mechie, Founder and Chairman of Absoft said, “The Absoft leadership team is delighted to take charge of driving growth for the combined entity in the UK and Europe. Our customers will now have access to a significantly wider range of services across advisory, implementation, and support services for S/4HANA, analytics, private & public cloud, HCM/SuccessFactors, SAP BTP, and other technologies. This also allows all our employees to continue to grow their skills and take forward all the good things we have built so far.”
“We are thrilled to join forces with Absoft and grow together as one team,” said Sam Mathew, CEO and Founder of Applexus. “This acquisition aligns strongly with our overall growth strategy and helps us expand our presence in the UK and Europe, a key focus geography for us. Our strong cultural fit and shared values make us ideal partners,” he added.
Keith Davidson, Managing Director at Absoft, concluded, “Together with Applexus we are able to scale our industry and services footprint while adding complementary IP solutions. We can now offer 24/7 global services when our customers need it while continuing to provide the high-touch service we are known for.”
About Applexus
Applexus has been at the forefront of innovation in the SAP landscape. As a premier SAP services provider, Applexus’ core offerings include SAP S/4HANA transformations, Data and Analytics, Business Advisory Services, and Application Managed Services for SAP. For more information, visit https://www.applexus.com
