itelligence, Inc. Acquires Symphony Management Consulting
Acquisition strengthens capacity in SuccessFactors consulting and expands opportunities in the cloud
CINCINNATI – Oct. 1, 2014 – itelligence, Inc. announced today it has acquired Symphony Management Consulting, an SAP and SuccessFactors partner in North America specializing in human capital management (HCM) consulting services, headquartered in Charlotte, N.C.
“Symphony has shown continuous growth since partnering with SAP in 2006 and becoming a SuccessFactors premier partner two and a half years ago,” said Steve Niesman, president and CEO, itelligence North America. “They’ve proven their effectiveness in implementing SAP cloud applications for a wide range of industry segments, and this acquisition will immediately expand itelligence’s cloud footprint through a dedicated global practice, complement our capabilities, and increase our high-growth cross-selling opportunities. Furthermore, the experience Symphony brings to itelligence will further strengthen our ability to keep pace with SAP’s vision of one billion people in the cloud by 2015.”
Norbert Rotter, CFO, itelligence AG, added, “This strategic acquisition serves to further fortify itelligence’s presence in the U.S. and expand our regional and global market presence, especially in strong-performing SAP areas. By adding Symphony‘s significant SuccessFactors and cloud experience, we’re better positioned to capture the full attention of our customer’s departmental business executives with our expanded capability and deliver full SAP value together through end-to-end business visibility, integrated planning, execution and consolidated reporting.”
itelligence provides customers with global scale and reach through country-specific localization that is enabled by full-service SAP solution delivery capabilities across on-premise, cloud (public and managed) and hybrid environments, in five world regions and more than 22 countries. itelligence’s comprehensive offerings deliver SAP packages that bundle software, maintenance, implementation, hosting and ongoing application management, delivered to the preference of our customers through traditional software licensing and delivery or as a subscription-based managed cloud service.
“We are very excited to be joining itelligence, an organization we feel mirrors Symphony’s core values and ideals. Symphony has always believed our customers were the core foundation of our success and deserved our unyielding dedication. Now, our experienced HR professionals will have the ability to continue that level of service in HCM and deliver a holistic end-to-end solution around SAP – both on-premise and in the cloud,” said Kellie Fitzpatrick, co-founder and CEO, Symphony. “Symphony and itelligence share an innovative spirit and a willingness to invest in SAP hybrid cloud integration, which Symphony has demonstrated by developing the only SuccessFactors Employee Central with Employee Central Payroll integrated rapid deployment solution in the country.”
By offering flexible business solutions incorporating pre-packaged, fixed cost alternatives, itelligence can enable both mid-market and large enterprises with ready-to-run solutions, while accelerating project timelines and reducing risk.
“Through this acquisition itelligence will provide our customers expanded choice in their application portfolio with public cloud solutions and hybrid cloud environment integration,” said Mark Mueller, CIO, itelligence North America. “The Symphony team of HCM practitioners and cloud integration experts, combined with the itelligence SAP Business Suite, HANA, User Experience and mobility resources and capabilities, will enable our customers with a holistic innovation platform and the flexibility to transform their business as they choose.”
itelligence, Inc.’s purchase of Symphony Management Consulting is effective October 1, 2014.
Don Holbrook and R.B. McCutcheon from CHILDS Advisory Partners represented itelligence, Inc. in this transaction.