Leading SAP solutions providers Invenio Business Solutions and LSI Consulting have recently announced a merger agreement, in a move to expand SAP implementation services globally and better deliver significant offerings to existing customers.
Combining two well-established experts in SAP implementation services, the newly merged organisation will operate as a single entity while maintaining its respective brands as part of the agreement.
The merger will provide end-to-end service portfolios and business solutions to help customers achieve immediate success in the public sector and maximise the value of their digital transformation.
As an award-winning SAP Gold Partner and SAP consultancy, Invenio has a solid presence in the Asia Pacific, Europe, and the Middle East. Meanwhile, LSI Consulting is an SAP enterprise solutions provider catering to utility, healthcare, educational, and government institutions in the United States and Canada.
Arun Bala, Group CEO of Invenio, stated in the announcement that their growth is driven by their goal to be recognised as one of the top global technology consulting companies in the industry. Bala added:
“We’re delighted to join forces with LSI, a well-respected SAP based provider in public services with a track record of delivering success in the North American market. Our customers will now benefit from an expanded end-to-end solution and service portfolio to help them succeed with their digital transformation goals. Our remarkable alignment in values and culture will help the combined organisation deliver even greater value to our customers, markets and employees.”
LSI Consulting CEO Steve Roach said that their business aims to accelerate the impact of digital transformations by leveraging SAP’s cutting-edge and secure technologies to create an intelligent public enterprise. Roach remarked:
“Invenio is a highly regarded player in the tax and revenue management space and shares our commitment to solution-oriented customer partnership and a superlative customer experience.”
Merging High-Growth SAP Implementation and Consultancy Partners
The deal between Invenio and LSI Consulting brings together two fast-growing SAP implementation and consultancy partners with consistent SAP-based solutions for the public and private industries.
The newly merged organisation — which has SAP, Amazon Web Services, Microsoft Azure, and Google Cloud Platform accreditations — will act as the premier global SAP partner for public services with expanded capabilities such as:
- SAP Cloud solutions including SAP Ariba, and SAP SuccessFactors — an HR solution designed to improve employee experience and meet the needs of companies with global operations.
- A template-based accelerated ERP solution called GovOne, specifically modified for public services in the global market.
- Extensive experience in serving high-profile public sector entities such as healthcare, educational institutions, and tax authorities.
- Market-leading tax and revenue management services and solutions offerings.
- Specialised domain expertise, artificial intelligence (AI), and data analytics.
Invenio and LSI Consulting’s clients include top media, manufacturing, and pharmaceutical brands globally, as well as some of the biggest public enterprises worldwide. The consolidated business has more than 1000 employees with locations across four continents.
Moreover, LSI Consulting CEO Steve Roach will join the Invenio Board of Chairman Geoff Neville, Group CEO Arun Bala, CFO Steve Coxhead and BGF Investor Alex Snodgrass accordingly.
Roach further expressed his delight at the newly announced partnership. He commented:
“We will leverage our collective history and complementary solutions to enable our customers’ success and ultimately to improve the lives of constituents around the globe. We’re proud to join forces with their first-class team and to continue our journey together.”
