Deloitte to acquire London based Keytree to strengthen SAP and cloud offerings

Deloitte to acquire London based Keytree to strengthen SAP and cloud offerings
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13 Aug, 2020

Accounting firm Deloitte on Thursday said that it looks to acquire the business and assets of London’s largest SAP technology consultation partner, Keytree. 

The statement did not disclose the value or the timeline of the deal.

Founded in 2006, Keytree also has offices in India, Spain, Australia and Canada. The company employs over 400 people globally and provides digital transformation services such as data analytics, cloud and robotic process automation (RPA), among other products and managed services.

London based Deloitte said that the addition of Keytree’s capabilities would help it create the largest SAP-enabled transformation practice in the UK and one of the largest in Europe.

“Joining forces with Keytree strengthens Deloitte’s SAP and cloud transformation capabilities globally, and reinforces the close-to-market geographic presence and insights of Deloitte,” Sam Balaji, global consulting leader at Deloitte, said.

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As part of the deal, Keytree employees, along with CEO Dan McNamara and managing director Tim Kyle, will join Deloitte’s enterprise technology and performance practice, a statement said.

“Combining our business and people with the brilliant team at Deloitte and fusing the organisation’s rigorous technology and data capabilities with our own will ensure that we are able to operate and innovate at an even larger global scale,” McNamara said.

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Keytree’s service offerings are expected to help with Deloitte’s implementation of SAP S/4HANA, SAP Customer Experience and SAP cloud platform to aid with its clients’ digital transformation needs.

“Bringing together Keytree’s market-leading experience in SAP digital design and innovation with our own will give Deloitte clients an unrivalled breadth and depth of knowledge as they transform the functions at the heart of their businesses,” Rob Cullen, partner and enterprise technology leader for Deloitte UK, said.