BrazilKPMG advises on Cegeka's acquisition of Solutions Factory in Austria
Cegeka, a Belgium headquartered IT services consultancy and system integrator, has acquired Solutions Factory, a Microsoft Dynamics 365 specialist based in Austria. The deal is part of Cegeka’s broder internationalisation strategy which has a clear focus on the German-speaking region of Germany, Austria and Switzerland.
According to Arno Visser, COO for Business Solutions at Cegeka, the transaction will take the company’s operations in the DACH region “to a new level.” He stated; “most of the Solutions Factory staff have more than ten years of specialised expertise, which will give us a competitive advantage. But above all, they share the values of Cegeka – combing deep knowledge of customers with a drive to look for innovative solutions and generate real business value.”
The move comes at a time when Cegeka is flourishing. The company recently booked its fourteenth consecutive year of growth, lifting its group revenues by 6% to €440 million and operational profit by 21% to €30 million. The IT consultancy, which has offices in Belgium, the Netherlands, Germany, France, Italy, Luxembourg, Austria, Romania, Slovakia and the Czech Republic, employs around 4,000 professionals.
Founded in 2015, Solutions Factory is a firm specialised in Microsoft Dynamics 365 services, spanning design, implementation and business support. According to Manuel Möser, CEO of the Vienna based company, by joining forces with Cegeka the firm will enjoy “extra opportunities both for existing and new customers.” He explained, “they will benefit from Cegeka’s extensive portfolio of ERP-related services, products and technologies, and from Cegeka Austria’s Microsoft Dynamics expertise. We can now offer high-end support for the entire Microsoft Dynamics suite.”
The deal was advised by a number of M&A consultants, including KPMG. Dealmakers form the firm’s Belgian Corporate Finance service line supported Cegeka with successfully closing the acquisition.
Meanwhile in Belgium’s professional services M&A market, BDO earlier this year bolstered its Advisory division with the acquisition of two digital consultancy companies, and Centric purchased Summit Retail, an IT services firm for the retail industry. More recently, Belgium-headquartered market research consultancy Insites Consulting received financial backing from a Dutch private equity firm.
