Equiteq advises Copperman Consulting, a UK SAP BPC specialist, on its sale of a majority stake to Decision Inc.
Equiteq, the leading M&A advisory firm for companies in the knowledge economy, is pleased to announce that it has advised Copperman Consulting, the largest SAP BPC consultancy in Europe, on the sale of a majority stake to Decision Inc. The transaction closed on October 16, 2018.
A SAP Gold partner, Copperman specializes in SAP BPC design, implementation, and support, primarily for UK FTSE 100 companies and several other FTSE 250 companies.
Decision Inc. is a global data, digital and performance intelligence business, headquartered in South Africa. The transaction is part of the company’s global expansion strategy, using Copperman’s strong foundation to establish a foothold in the UK and European markets.
Nicholas Bell, CEO of Decision Inc. said, “Our strategy is centred on being a global leader in information-driven transformation. We knew to realize this, we needed a global scale and capability. We also wanted to provide clients with the knowledge and insights gained from different global experiences. Now, we can leverage the experience and expertise of Copperman across markets and provide our staff with a significant opportunity to travel the world and expand their skills.”
Anis El-Mariesh, Shareholder at Copperman commented, “Nicholas Bell will join the board and work with us to support and grow our SAP influence. Our employees will be part of our plan to build collaboration opportunities and allow them to experience other markets.”
Stephen Garbett, Senior Management and Shareholder at Copperman, added, “We believe that communication and collaboration across both companies is key to our global business strategy. It means we can now deliver more for our clients using both our deep technical skills and relationship with SAP and Decision Inc.’s extensive experience and expertise driving transformation through SAP solutions.”
Discussing the transaction, Gabriela Silvestris, Managing Director of M&A in Equiteq’s London office, said, “We are excited about the opportunity this brings to all parties as this will accelerate their global growth strategy. We wish the combined team great success on their future plans”.
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