Spotlight
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The martinwolf team tracks noteworthy mergers and acquisitions, and offers
commentary on issues that impact our industry.
"Avanade represents an opportunity for QUANTIQ to expand its client offerings, making use of its entire range of technologies and service capabilities, as well as gain access to a global network of Dynamics professionals to help serve our international client base.”
-Stuart Fenton, CEO of QUANTIQ.
October 20,2021
martinwolf Represented QUANTIQ in Acquisition by Avanade
Scottsdale, Arizona (October 20, 2021) – Avanade, the leading digital innovator on the Microsoft ecosystem, announced it has agreed to acquire QUANTIQ, a Microsoft Business Applications-focused systems integrator in the UK. Terms of the acquisition were not disclosed.
QUANTIQ was represented by martinwolf, a leading M&A advisory firm serving the middle market IT industry and Microsoft Dynamics space. It marks the firm’s seventeenth transaction in the past 11 months.
With an emphasis on Dynamics 365, Power Platform and Azure, QUANTIQ will significantly extend Avanade’s Dynamics 365 capabilities and build on its existing cloud-based Microsoft Business Application offerings – a key strategy for Avanade. Through the combination of QUANTIQ’s ERP customer experience and Avanade’s offshore engineering capabilities and broad expertise across the Microsoft platform, clients will benefit from enhanced solutions that will help accelerate digital transformation across all industry sectors, globally. The acquisition will add approximately 300 new professionals to Avanade’s existing Business Applications team.
Quotes
“Microsoft continues to make strong investments in Dynamics 365 as a key pillar of digital transformation. With QUANTIQ and its strong reputation as a trusted Microsoft partner, we see a huge opportunity for Avanade to quickly scale up to meet the growing need for solutions that help organizations realize, much needed business efficiencies, agility, and resilience, and also help overcome barriers to growth.”
– Andy Gillett, General Manager for Avanade UK and Ireland
“QUANTIQ is excited to be joining Avanade, a business that shares QUANTIQ’s commitment to clients, employees and partners, as well as the belief in the power of Microsoft technologies to drive business transformation. Avanade represents an opportunity for QUANTIQ to expand its client offerings, making use of its entire range of technologies and service capabilities, as well as gain access to a global network of Dynamics professionals to help serve our international client base.”
– Stuart Fenton, CEO of QUANTIQ
About Avanade:
Avanade is the leading provider of innovative digital and cloud services, business solutions and design-led experiences on the Microsoft ecosystem. Our professionals bring bold, fresh thinking combined with technology, business and industry expertise to help make a human impact on our clients, their customers and their employees. We are the power behind the Accenture Microsoft Business Group, helping companies to engage customers, empower employees, optimize operations and transform products, leveraging the Microsoft platform. Avanade has 50,000 professionals in 26 countries, bringing clients our best thinking through a collaborative culture that honors diversity and reflects the communities in which we operate. Majority owned by Accenture, Avanade was founded in 2000 by Accenture LLP and Microsoft Corporation. Learn more at www.avanade.com.
About martinwolf:
Headquartered in Scottsdale, Arizona with an office in Cleveland, martinwolf is a leading M&A Advisory focused on middle market companies in the IT Services and Supply Chain, Managed Services, Security and Software sectors. Since 1997, martinwolf has completed nearly 200 transactions in more than 20 countries and sold eight divisions of Fortune 500 companies. In 2021, the firm acquired IT ExchangeNet, a leader in smaller mid-market (sub $25M) transactions.
martinwolf is a member of FINRA and SIPC. For more information, visit www.martinwolf.com.