DyFlex Options, one among Australia’s best-known SAP companions, is embarking on its subsequent section of progress with the backing of a personal fairness participant.
Introduced this morning, 5 V Capital has taken a strategic curiosity in Perth-based SAP companion DyFlex Options for an undisclosed sum. Collectively, the 2 corporations intention to strengthen the place of DyFlex Options within the Australian market, and increasing its attain to different Asia Pacific nations.
Established in 2005, DyFlex Options has a staff of round 150 employees working from places of work in Perth, Sydney and Adelaide. The agency is a SAP Platinum companion centered on serving to mid-market organisations with a variety of SAP domains, together with Cloud, SAP S/4HANA, SuccessFactors, Analytics Cloud, and Enterprise Know-how Platform.
“This partnership marks a pivotal second for DyFlex Options,” mentioned Co-CEO Jason Heaney. “We see immense alternative within the SAP area as companies transition to cloud options. With 5 V Capital’s assist, we’ll strengthen our place, deepen our experience, and increase our footprint into key markets just like the East Coast of Australia, New Zealand, and Southeast Asia.”
“Our clients are on the core of every thing we do,” he continued. “By way of this partnership, we’re reinforcing our dedication to offering world-class options that drive operational effectivity, innovation, and long-term success for our clients. With enhanced assets, we will scale our choices and supply even larger assist to companies navigating their digital transformation journeys.”
The sale to 5 V Capital was guided by SCD Advisory, which served because the unique M&A advisor and had beforehand offered strategic recommendation within the pre-sale preparation section. “We congratulate DyFlex Options on their partnership with 5 V Capital and need them continued success as they construct their place as a number one nationwide SAP participant,” famous Pierre Briand, founding father of SCD Advisory.
Commenting on the addition to its portfolio, Chris Adams, Managing Director at 5 V Capital, mentioned: “DyFlex Options is the most important unbiased SAP Platinum companion in Australia, and with SAP mandating cloud migration, there’s a vital market alternative. We’re dedicated to supporting DyFlex in executing its imaginative and prescient, leveraging our expertise in IT providers and M&A to assist drive significant enlargement.”
Final yr, one other main SAP companion, Chrome Consulting, was acquired by Atturra, whereas the yr earlier, Adelaide-based SAP specialist Think180 was absorbed into KPMG.
