SAP consulting firm Rizing Inc, backed by private equity firm One Equity Partners, has acquired Attune Consulting, an SAP S/4 HANA partner focused on solutions for the fashion industry. Financial terms of the deal were not disclosed.
This is technology M&A deal number 267 that ChannelE2E has covered so far in 2021. See all technology M&A deals for 2021 and 2020 listed here.
The addition of Attune’s expertise providing SAP solutions to the fashion and lifestyle sectors complements Rizing’s own SAP cloud portfolio and its consumer industries capabilities, the buyer said.
Private equity firm One Equity Partners has owned Rizing since 2018. The SAP partner, founded in 2003, has two core brands and associated focus areas:
- Vesta Partners, an enterprise asset management (EAM) professional services firm.
- /N SPRO, a firm that encompasses /N SPRO HCM and /N SPRO Retail.
Rizing has 750 employees and offices in 11 countries. Attune brings with it a staff of 500 employees across 10 countries.
Rizing Acquires attune: “A United Force”
Describing the M&A deal in a prepared statement, Mike Maiolo, CEO of Rizing, said:
"We are very excited to announce that attune consulting has joined Rizing. Together, we will expand our capabilities in SAP Consumer Industries and establish a prominent position across all aspects of the Fashion segment. Customers from both organizations benefit from this transaction. Now, two of the top SAP Partners in Consumer Industries and Fashion are a united force to deliver unmatched value through combined experience, expertise, and scale. For current SAP customers planning their SAP S/4HANA migration, we're here to make that happen around the world.”
Vajira de Silva, CEO of Attune, added:
"This merging of Rizing's and attune's industry knowledge and experience will provide our long-term valuable clients with access to exciting new technologies and talented resources. The strength of the combined companies will allow us to grow into new markets and augment our products and services to better address the needs of existing and new clients."
SAP Partner Mergers, Acquisitions
M&A activity in the SAP partner ecosystem remains steady. See a complete list of SAP M&A partner deals here.
