Ernst & Young’s EY Canada has acquired ServiceNow partner SuMO IT Solutions. The financial terms of the transaction were not disclosed.
Linda Williams, Managing Partner of Ernst & Young Canada, Consulting
This is the 285th technology M&A transaction reported by ChannelE2E so far in 2021. View all technology M&A transactions in 2021 and 2020 listed here.
The seller said that SuMO IT Solutions is the first Canadian company to obtain the status of ServiceNow Elite Partner and is also an authorized training partner. SuMO’s areas of expertise include IT and customer service management, asset management, human resource service delivery, and security operations.
At the same time, Ernst & Young is a partner of the global elite ServiceNow.
Ernst & Young Canada’s acquisition of SuMO IT Solutions: executive perspective
In a prepared statement about the transaction, Linda Williams, managing partner of Ernst & Young Canada and consulting firm, said:
“Efficient and agile operations are essential to support the pace of change in today’s digital economy-however, many organizations are faced with manual processes, legacy systems, and insufficient data challenges to increase their productivity. SuMO joining our team allows us to Integrating our technology, capabilities, and business expertise to support our customers in implementing digital solutions can not only meet these ever-changing challenges, but also optimize results and bring meaningful results to the business.”
Biren Agnihotri, Ernst & Young Canada
Steven Kiss, SuMO IT solutions
Add to Steven Keith, SuMO Vice President of Sales and Marketing:
“We have established a strong enterprise service and operation management company, Canada Now, through Ernst & Young, we can use their expertise and global influence to accelerate the transformation and growth of our customers. We look forward to joining the Ernst & Young team to provide our combined customers with the technology and insights needed to create value, helping them to be more agile, innovative, resilient, and better respond to disruptive changes. “
in conclusion Billen Agnihotri, EY Canada’s digital and emerging technology leader:
“Combining with qualified and best suppliers on the market, such as SuMO, allows us to quickly track organic growth and create the infrastructure needed to gain a competitive advantage in the mature ServiceNow market Canada. Together, we can easily design, develop, and deploy ServiceNow business solutions to help our customers accelerate time to value by simplifying processes, thereby improving the productivity, agility, and scalability of their businesses in the coming years. “
More ServiceNow partner mergers and acquisitions
M&A activities among ServiceNow partners are very active. The reasons include: ServiceNow’s IT Service Management (ITSM) software has become the standard for enterprises to manage services together. To ride this wave, ServiceNow partners are acquiring each other to achieve scale, expertise, and regional coverage.
Related: See all ServiceNow partner mergers and acquisitions listed here.
#Ernst #Young #acquires #ServiceNow #partner #SuMO #Solutions
More from Source