itelligence acquires Swedish SAP technology consultancy EINS Consulting

05 April 2018 2 min. read

The Swedish arm of global SAP technology company itelligence has acquired EINS Consulting, a Stockholm-based IT consultancy that specialises in SAP consulting and implementation. The deal sees 38 employees join the firm.

With around 7,000 employees in 24 countries and a revenue of just under €900 million, itelligence is one of the globe’s larger IT consultancies dedicated to SAP solutions. The company’s SAP services range from consulting and licensing to application management services and hosting / managed services.

The acquisition of EINS Consulting marks its first deal of 2018, following the acquisitions of vCentric Technologies (India) and Goldfish ICT (Netherlands) last year and that of BIT.Group and ITML (both in Germany) the year previous. The scoop of the Swedish outfit adds a team of 38 professionals to its Nordic roster, which consists of offices in Sweden (Stockholm and Malmö), Denmark (Aarhus, Copenhagen and Horsens) and Norway (Olso and Porsgrunn).

itelligence acquires Swedish SAP technology consultancy EINS Consulting

Founded in 2007, EINS Consulting is a SAP partner with a track record in Enterprise Resource Planning, data analytics, and change management, serving customers across Sweden. The company also has a Customer Experience team who support clients in streamlining CRM processes with the help of digital solutions.

“This acquisition marks another step in our strategy to become a true SAP full-service provider in all Nordic countries,” said Norbert Rotter, CEO of itelligence. Nicolaj Vang Jessen, Managing Director of itelligence Nordic and Eastern Europe, added; “With EINS Consulting on board, we will have a powerful base in Sweden and a strong competitive offering for our Swedish clients. A strong local presence combined with our international strength is crucial to the support we provide to our clients with their global projects.”

Milco Österholm, the CEO of EINS Consulting and a former consultant at Spring Consulting and Capgemini, said that he is delighted with the joining of forces with what he calls a leader in SAP consultancy. “itelligence is one of the most successful SAP partners, as it manages to combine international strength with local presence. This fits perfectly with EINS Consulting and our strategic ambition to offer our clients a proven portfolio of industry solutions, add-ons and specialised knowledge in addition to offering our employees an international working environment with many opportunities.”

As part of the integration, Milco Österholm has been appointed Managing Director of itelligence Sweden.

Last month another SAP consultancy, AEPEX, based in the Netherlands and specialised in supply chain management, was acquired by the consulting practice of Deloitte.Meanwhile in Sweden, seven consulting firms were recently named among Sweden's 25 most attractive employers.