Magellan Partners acquired Keralia Consulting, a specialist in service management company

In order to strengthen its consulting activities and IT activities specializing in Enterprise Service Management (ESM), Magellan Partners Group acquired Keralia Consulting. In order to accelerate external growth, this technology and data-based organization and information system consultant raised funds in January 2021. The private investment participant CAPZA entered as a minority shareholder, thereby securing 100 million euros.

Turnover 5 million euros
An investment today makes it possible for the group to announce its first acquisition to expand the range of its products and services. Keralia Consulting has a turnover of 5 million euros in 2020, has 40 consultants, and focuses on the ServiceNow platform, which is the leading software suite for managing IT services, human resources, and business customers. For Magellan partners, the acquisition of this company helps the group support the company’s strategy in all aspects of digital transformation.

By acquiring this entity, Magellan Partners intends to create a French expert in ServiceNow solutions. “Our two companies will use their huge business complementarities and expertise to provide our customers with great value. ITSM, information technology service management and ESM projects are the challenges faced by the information system sector and the core of automation needs continue to increase. “ Didier Zeitoun, President of Magellan Partners Group pointed out. By joining the group, Keralia Consulting changed its identity and became Unit. “We now have the key to making Unit the first pure French player on ServiceNow”, Continue to Didier Zeitoun.

Continued growth
Through the acquisition of Keralia Consulting, Magellan Partners Group is seeking new growth potential. Although Magellan Partners’ turnover in 2020 will be close to 145 million euros and already has 1,240 consultants, the group was founded in 2008 and is expected to reach 350 million euros and 3,000 employees by 2025. Therefore, Magellan Partners has set a target of 15% organic growth, which will specifically involve targeted external growth strategies. Therefore, the acquisition of Keralia Consulting is the seventh acquisition of Magellan Partners and the third acquisition since 2019.