Technology and IT consultancy Net at Work has acquired the Sage Software practice of CPA and advisory firm Eide Bailly LLP. Financial terms of the deal were not disclosed.
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Net at Work Acquires Eide Bailly's Sage Practice
Net at Work, founded in 1996, is based in New York, New York. The company has 526 employees listed on LinkedIn. Net at Work’s areas of expertise include ERP, CRM software, HR software, accounting software, distribution software, manufacturing software, Magento eCommerce, IT consulting, virtualization, cloud computing, managed services, Microsoft Dynamics CRM, business process review, e-commerce, integrations, cloud ERP, hosting, vCIO, HCM, payroll solutions, software, consulting, inventory solutions, fixed asset software, Sage 100, MAS 90, Sage 300, Accpac, Sage 500, Sage X3, Sage Enterprise Management, NetSuite, Microsoft Dynamics, Sage CRM, Infor Saleslogix, Salesforce, Sage HRMS, Sage People, Sage FAS, Abila MIP, Magento, Shopify, Acumatica, Criterion and Sage Intacct.
Eide Bailly, founded in 1917, is based in Fargo, North Dakota. The company has 2,806 employees listed on LinkedIn. Eide Bailly’s areas of expertise include business advisory, accounting and technology, Oracle, Sage Software, Salesforce and Microsoft Dynamics CRM.
The acquisition broadens Net at Work's team of experienced Sage consultants and support staff and adds the expertise of a top 25 CPA consulting firm, the companies said. Over 400 of Eide Bailly's Sage 100 and Sage 500 clients have already been onboarded to Net at Work and are receiving support from the Net at Work Sage team. Eide Bailly's former Sage account management and consulting team have joined Net at Work.
Net at Work and Eide Bailly: Sage Expertise
Alex Solomon, Net at Work's co-president, commented on the news:
"We welcome Eide Bailly's clients into the Net at Work family where they will receive the level of Sage expertise and support that our clients have come to expect, with access to our complete portfolio of business solutions. The acquisition brings additional world-class talent to our already industry-leading Sage group, further improving our ability to support all the operational needs of our clients and migrating their legacy systems to next-gen systems. As with all of our clients, this will enable them to remain agile and competitive in a changing – and challenging - business environment."
Stuart Tholen, Eide Bailly's partner in charge of ERP solutions, added:
"For more than 30 years, the Sage team at Eide Bailly has worked with our valued clients in getting the most out of their technology investments. Net at Work's acquisition of our world-class Sage practice adds a group of talented consultants to their team and provides these clients with deepened support of their Sage solution focused on excellent service, positive outcomes, and a genuine care for their results."
Sage Partner M&A
M&A activity in the Sage Software partner ecosystem remains steady. In September 2021, accounting firm Baker Tilly acquired AcctTwo Shared Services, an MSP and VAR focused on Sage Intacct financial software. In May 2022, Aktion Associates, Inc. acquired United Solutions, a Massachusetts-based Sage CRE software reseller. And in July 2022, MyCREcloud acquired managed IT services firm Net Informant and Sage Software consulting firm CRE Services Group.
