Press release

Equiteq advises Enowa LLC on its sale to Reply

January 12, 2022

Enowa LLC, headquartered in Philadelphia, is a leader in the fields of cloud design and value-added services on SAP technology and counts among its customers some of the main North American names in the space of Industrial Chemical, Consumer Services, Healthcare and Energy.

Reply’s global network of companies with their vast competencies in Information Technology and more than 10,000 employees, will provide Enowa the global backing of a much larger organization, while retaining the agility, quality and closeness to its clients that it is known for today. The Reply network offers access to leading technology important to the future of Enowa clients, such as AI and IOT, plus a wider SAP competence including Customer Experience (SAP CX), Ariba, Fieldglass and Concur.

Enowa will lead the North American SAP competency for Reply from their Philadelphia area office with its nation-wide delivery team. Enowa’s competency will provide Reply’s existing clients access to experienced business process and SAP experts delivering state-of-the-art SAP S/4HANA and cloud-based solutions.

Ali Sarraf, CEO of Enowa LLC commented, “We are very excited to be joining Reply’s network of companies as the leading SAP Consulting practice in North America. The strong interest in people, culture and customer focus that characterize Reply fit perfectly with our corporate culture. Together we will have the opportunity to bring new value to our customers.”  

Winni Hesel, Partner and VP of Innovation at Enowa adds, “We love the fact that with the Reply business model, we are able to keep our culture, and can now include even more innovative technologies and digital transformation solutions in our offerings.”

Rick Place, Partner and Vice President of Enowa shared, “Enowa will continue to deliver business process and SAP consulting that meets business requirements and adheres to SAP’s future roadmap. Leveraging the Reply network, we welcome the opportunity to support Reply’s existing clients with our service offerings, add additional value to Enowa’s clients, and gain more momentum into new industries. It is an exciting start to 2022.”

Commenting on Equiteq’s role in the transaction, the Enowa team noted, “We chose Equiteq, over a range of other highly-regarded investment banks, as our advisor due to their global platform and relationships, proven-track record of successful transactions in our space, and highly-customized M&A approach. The team worked closely with us to create multiple strategic options that aligned with our personal and professional goals. We are very pleased about the outcome of this sale process and excited about the additional value we can provide our clients and growing team through this combination.”

Daniel Siller, Managing Director at Equiteq said,We are excited to see the team at Enowa continue their successful journey of almost two decades with Reply as their partner. Enowa’s market reputation, seasoned team, proven-track record and strong culture have been all crucial pillars in achieving success to date. Reply will enable Enowa to maintain the crucial elements that have made Enowa successful in the past and will continue to make them successful in the future. We wish the combined team great success”.

To see all of our deals, please click here.