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M&A as a way to grow internationally: Seidor


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Integral service around a transaction
BY : Diego GutiérrezJanuary Thu, 2016
Seidor, a Catalan company dedicated to providing IT services such as SAP, has decided to make the leap to the US and buy two companies: Crystal Clear Business and Quantum Software. This is yet another sign that Spanish ICT companies are going strong and are going all out, competing in the international market.

seidor

Seidor buys two American companies

Seidor, multinational leader in consulting solutions SAPICT Management Consultancy and Value Added Services, has acquired Crystal Clear Business and Quantum Softwaretwo Detroit-based companies specialising in the implementation of SAP Business One for an undisclosed amount.

With this operation, Seidor strengthens its presence in the USA. Until now, Seidor had its own offices in Houston, but now it is adding the headquarters of Crystal Clear Business and Quantum Software, located next to Detroit, in the state of Michigan. The employees of both companies will move to a single work centre.

In addition to these two acquisitions In the same month of November, Seidor became a Platinum Partner of SAP, the only Spanish capital partner that has been recognized with the highest category, Seidor reaches the highest possible level of strategic partnership with SAP, which allows it to market, globally, SAP solutions with the experience of nearly eight thousand consultants of United VARs.

Why did you decide to buy these companies? Growth by acquisition in a mature sector

With a turnover of €213M, a workforce of more than 2,700 professionals and a direct presence in Europe, Latin America, USA, Middle East and Africa, Seidor is one of the main service partners of SAP, IBM, Microsoft and Adobe, especially in Spain and Latin America, but it is not satisfied with this and also wants to become one of the world leaders.

"We are excited about these two acquisitions, which consolidate our position as one of the most important partners in the Midwest and position us to become a key player in the SAP Business One environment in the United States," said Tomás Fertig, head of Seidor in the United States.

The Sap market is a mature market, especially in the US where there are many competitors and growing through innovation is difficult, which is why Seidor, which already provided SAP services in the US, has decided to grow through new acquisitions in the country.

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