Version 1 Strengthens ERP Practice
Version 1 today announced it has acquired the Oracle ERP business of London-based Database Service Provider Global Limited. Employees and customers of the divested business transferred to Version 1 on Friday 29th April 2016.
Version 1 is an Oracle Platinum Partner with €75m(£55m) revenues and 750 employees in offices across the UK and Ireland. The Company has previously completed five very successful acquisitions the most recent of which saw it acquire British Midlands based Oracle E-Business Suite specialist Patech Solutions in 2015.
Commenting on the announcement, Justin Keatinge, Chief Executive Officer of Version 1 said, “Today’s announcement firmly establishes Version 1 as the market leader in UK & Ireland for Oracle ERP consulting, implementation and managed services. It further consolidates our position as the Oracle partner of choice for customers requiring integrated end-to-end services and joined-up expertise across Oracle Applications, Database, Hardware & Cloud. We are delighted to strengthen our ERP Practice through this acquisition welcoming a team of highly skilled Oracle ERP specialists and new customers in the travel & hospitality, retail, utilities, gaming & betting, financial services, professional services and software & high tech industries. This deal is the latest step in our acquisition programme which is focused on reinforcing our ability to deliver a complete line of solutions and services across our main technology partnerships with Oracle, Microsoft and Amazon.”
Having completed the deal with Version 1, Simon Goodenough, Executive Chairman of dsp said:- “We are delighted to have found, in Version 1, a good home for our award winning Oracle ERP consulting practice and its clients. This de-merger allows us to rapidly increase the rate of investment in our Oracle and Microsoft SQL core technology managed services, as well as continue to innovate and develop our Oracle Cloud and Microsoft Azure solutions. Having acquired Oracle Support provider FSR Change Management last year we envisage further inorganic growth during 2016 as we strive to go the extra mile for our clients. These are exciting times.”
Version 1 has appointed Chris Baker as ERP Practice Head with responsibility for all ERP Consulting & Managed Services across UK & Ireland encompassing both Cloud and on premise solutions.
Chris recently joined Version 1 from KPMG and has in his 30 year career led many Oracle ERP engagements and held consultancy, sales, and leadership roles in Oracle UK as well as start-ups and multi-national companies.