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itelligence AG (“itelligence”) and ITML GmbH (“ITML”) announced the acquisition of a 100 percent stake in ITML, the renowned South German SAP consulting company and SAP Gold Channel Partner, by itelligence.
With the acquisition of ITML, itelligence consolidates its position as the world's most successful SAP consulting house for the SME sector, continues its expansion in Germany and significantly increases its market presence in southern Germany. In addition, itelligence strengthens its position in the promising and fast-growing customer relationship management (CRM) segment, particularly in cloud CRM solutions, and in the area of customer commerce, with ITML experts nationwide.
Herbert Vogel, CEO of itelligence says: "With ITML, we not only strengthen our presence in the lucrative southern German market but also in the booming field of Customer Engagement & Commerce (CEC) and omni-channel. SAP and ITML both offer sophisticated solutions which we can adapt to suit the SME sector."
Norbert Rotter, CFO of itelligence says: "The purchase of ITML is a strategic asset for itelligence. itelligence acquires an attractive customer base and significant CRM expertise. In addition, we are significantly strengthening our presence in south-western Germany, which we will continue to expand."
Stefan Eller, Co-Founder and Managing Director of ITML says: "We are very excited about the new opportunity offered by itelligence. I expect that the integration of ITML will enable itelligence to increase CRM and CEC turnover significantly, because I am convinced that our customers and our employees will benefit from both the integration and our solutions alike."
Tobias Wahner, Co-Founder and Managing Director of ITML says: "itelligence is very well prepared for the future and offers us a great base on which to drive new innovation topics such as the internet of things or cloud solutions. Existing and new solutions can also be offered to itelligence’s extensive installed customer base, so that they too will benefit from the stronger CRM focus."
Willy Krießler, Co-Founder and Managing Director of ITML says: "The acquisition by itelligence opens up many opportunities for our employees to develop professionally in an international environment. We are confident that our exceptional team spirit will help us to develop rapidly together with our colleagues from itelligence."
goetzpartners acted as sole M&A advisor to itelligence in this transaction. The transaction is goetzpartners’ fifth deal with itelligence, proving the high quality of goetzpartners’ expertise in buy-side M&A advisory and further cements the two companies’ long-term relationship.
itelligence is one of the leading international full-service providers of solutions in support of SAP solutions, employing more than 5,000 highly qualified employees in 23 countries. As a frequently awarded SAP partner, among others global value-added reseller, itelligence is SAP-certified in cloud services, in hosting services for SAP HANA® Enterprise Cloud and an SAP platinum partner. itelligence realises large projects in the SAP solution-based environment for customers worldwide. The company’s services in support of SAP solutions range from consulting and licensing to application management services and hosting services to proprietary industry-specific SAP solutions. In 2015, itelligence generated total sales of EUR 696.2 million.
TML is an independent IT service provider with solutions for the entire SAP Business Suite. The company plans, builds and optimises the application of new and existing SAP applications – customers include SMEs up to global corporations. As an SAP Channel Partner with Gold Status, ITML is an important SME partner of SAP Germany AG & Co. KG. In addition to SAP solutions, ITML is the only provider offering CRM solutions which are fully integrated into SAP. ITML has grown continuously since its founding in 1998. At present, the company, which is headquartered in Pforzheim, employs more than 160 people. It also has locations in Dortmund and Biel (Switzerland).