Deloitte Ireland has acquired DNM, an Irish cloud consultancy and managed IT services provider (MSP) business. Financial terms of the deal were not disclosed.
Some milestones to note:
- This is M&A deal number 239 that ChannelE2E has covered so far in 2020. See the complete M&A deal list here.
- This is the third AWS cloud partner that we've seen acquired this week.
- ChannelE2E has compiled this extended list of MSP acquisitions involving AWS cloud partners.
Founded in Dublin in 2000, DNM focuses on accelerating business transformation for its clients through technology, specifically through cloud engineering offerings and capabilities. In addition to its managed services offerings, DNM provides cloud architecture, migration, and analytics.
Both Deloitte and DNM are Premier Consulting Partners in the AWS Partner Network. DNM will join Deloitte’s consulting business, resulting in a team of more than 1,000 technology consultants. The team will provide Deloitte with increased capacity to help its clients, according to the company.
AWS is a key strategic alliance for Deloitte in Ireland and globally. As such, DNM’s credentials as an APN Premier Consulting Partner were a key factor in the acquisition, according to Deloitte.
Deloitte Acquires DNM: Executive Commentary
In a prepared statement about the deal, Harry Goddard, CEO, Deloitte Ireland commented:
“This is an important investment in our business. The combination of skills in technology and business transformation is a powerful proposition and gives us a real platform for growth in an area of heightened importance for clients. Business and digital transformation is a critical priority for organisations of all sizes. Cloud technology, in particular, is an important enabler in the adoption of new technologies that can make this transformation possible.”
Richard Nunan, CEO at DNM, added:
“In a world where agility, greater automation and faster time to innovation is pivotal, I believe this combination with Deloitte will provide us with the strength and scale to raise the profile of the cloud solutions that we can bring to our customers. We are excited to have the opportunity to merge with a global leader, whose alliance ecosystem will accelerate our growth ambitions and make them possible.”
