Microsoft consultancy sa.global lands $50 million growth financing

Microsoft technology consultancy sa.global has secured $50 million in growth financing from Kartesia, with the aim of accelerating its growth and further internationalising its footprint.

The deal sees Kartesia take an undisclosed minority stake in sa.global, with the UK-headquartered company retaining “complete control” of the business said CEO and Founder Stephen James. “We will remain an independent, owner-operated company.

“Partnering with Kartesia gives us the financial strength to compete in an increasingly consolidated market but leaves us free to operate and grow the business in the same entrepreneurial, client-centric, and agile way which has driven our success for 30 years.”

Founded in 1990, sa.global has grown into a business with around 800 professionals in 25 countries. The firm specialises in the design and implementation of Microsoft Dynamics across verticals, and is an 11-time winner of the coveted Microsoft Dynamics Partner of the Year Award and has been a part of Microsoft’s elite Inner Circle for ten years in a row.

James: “We will use the funds from Kartesia to bolster our future growth and expansion, and further cement our position in the Microsoft ecosystem.”

The shareholders of sa.global were advised by Equiteq during the deal, which provided investment banking and M&A advisory support. Commenting on the deal, Jerome Glynn-Smith, Managing Director at Equiteq, said: “It has been an absolute pleasure to advise Steve and his team at sa.global to secure flexible structured finance from Kartesia. I’m sure they will benefit from Kartesia’s experience.”

The capital raising comes shortly after sa.global announced the acquisition of Dynamic Consulting, a Microsoft consultancy based in the United States. The deal sees sa.global recover much of the terrain it previously lost in the world’s largest Microsoft consulting market – about a year ago, sa.global’s US-based assets were acquired by HSO (another Microsoft technology consultancy).

Jean Diercxsens, Director at Kartesia said: “We have been impressed with the robustness of the sa.global organisation, the high level of delivery excellence, and the strong historical growth track record. We look forward to working closely with the management team to further unlock sa.global’s organic and inorganic growth potential.”