Big Four firm EY has signed a share purchase agreement to acquire Ireland -based enterprise technology firm Client Solutions. The deals see EY welcoming around 180 professionals to its ranks.
Founded in 1994, the Client Solutions company works with large private and public sector organizations, helping them modify, refresh or expand their technology capabilities to harness the value of digital and become more agile, lean, responsive. and competitive.
According to Frank O’Keeffe, EY’s Managing Partner in Ireland, the acquisition of Client Solutions will help EY better serve its clients in the rapidly growing technology and digital transformation space.
O’Keeffe: “Clients are increasingly looking for guidance on how to innovate and change their business models. Unlocking intelligence and making change at ever-increasing speed is critical to how we serve our clients. We are excited about the possibility of bringing the full power of EY and Client Solutions experience and knowledge to market. ”
Continuing, O’Keeffe said Client Solutions is bringing skills to complement the current credentials of EY teams in the technology consulting space. These include technology services such as software development, SAP solutions, service management and intelligent automation.
Client Solutions is a certified partner of software vendors such as SAP, Microsoft, ServiceNow, Snowflake, Coreview and Neptune. The company has also earned numerous partner awards in recent years.
According to the Irish Times, the latest accounts for Client Solutions show that it earned € 3.5 million in the year to the end of June 2020, and € 4.6 million last year.
Financial details of the acquisition were not disclosed, with the deal subject to closing conditions including merger clearance by the Competition and Consumer Protection Commission.
Commenting on the joining forces, Teddy McCarthy, CEO of Client Solutions, said, “We look forward to the prospect of joining EY where we will continue to develop our culture of continuous improvement and innovation to deliver excellence to customers. business technology solutions. “
“This is an exciting next step in our journey and together I am confident that we will grow up to the driving force of our clients’ success.”
The deal in Ireland continued an active M&A campaign for EY training in the UK and Ireland. In the last two quarters of 2021, the Big Four firm closed four deals: Lane4, Seaton Partners, People Leadership and PeakEPM.