Acquisition-hungry tech providers and consulting agency Atturra has struck once more, selecting up Melbourne-based enterprise content material administration (ECM) specialist Chrome Consulting.
Described by Atturra as the biggest consultancy within the A/NZ area specialised within the deployment of OpenText in a SAP context, Chrome was based in 2014 and has a group of round two dozen workers listed on LinkedIn.
The deal, made by way of Atturra subsidiary Anatas for an preliminary $5 million in money and shares, is predicted to shut towards the tip of subsequent month and can enhance the agency’s capabilities within the “vital and rising” section.
“That is one more thrilling acquisition that makes us a real market chief in ECM in Australia,” said Atturra CEO Stephen Kowal. “Chrome’s core choices and its trade options strengthen our portfolio, and we see important upside within the potential to develop into enterprise options. The synergies between our service choices and cultural alignment are very robust.”
A former recipient of SAP’s A/NZ companion of the 12 months award for options extensions, Atturra cited Chrome’s spectacular monitor file in aiding SAP prospects throughout industries with their S/4 HANA information optimisation, decommissioning and transformation journeys by way of end-to-end ECM service choices overlaying strategic advisory, implementation and ongoing help.
The agency was established in Melbourne in 2014 by Athol Hill alongside fellow director Daniel Jewell, with present CEO Mark Frear approaching board by way of SAP 4 years in. The management trio boast greater than eight many years of mixed worldwide IT trade expertise predominantly centered on the SAP and ECM area, and had been supported within the sale by SCD Advisory.
“That is an thrilling transfer for Chrome,” said Frear. “Atturra brings the same partner-friendly perspective and tradition whereas including complementary capabilities in service supply managed help and a distinct buyer base. Mixed, the acquisition will permit us all to deal with the numerous alternatives forward and tackle the SAP ecosystem’s wants extra successfully.”
Now pulling in annual revenues pushing the $250 mark, Atturra has made greater than a half a dozen acquisitions since itemizing on the ASX in 2022 following its rebrand from FTS Group the 12 months prior, together with administration consultancy Exent in July. The agency isn’t nevertheless finished simply but, with Atturra elevating funds for additional inorganic progress and confirmed to be in talks with New Zealand’s Plan B.
