|By Business Wire||
|February 19, 2013 10:41 AM EST||
G3 Global, a SAP Gold Partner, today completed a cash funded acquisition of Diagonal Consulting. Founded in 1986, Diagonal Consulting is an international systems integrator that provides SAP implementation and consulting services. G3 Global’s acquisition of Diagonal will form a more substantial services-rich organisation that will deliver a wider portfolio of services to the combined customer base.
In 2004, Diagonal was acquired by Morse PLC for ₤50m ($77m) and latterly transferred to 2e2 in 2010 as part of the Morse acquisition. 2e2 Administrators, FTI Consulting have agreed to support the transition of Diagonal customers as well as the Diagonal trademarks.
G3 Global has been quick to react to the challenging situation many 2e2 customers have found themselves in, by offering immediate access to the G3 Global helpdesk function, whilst deploying resources to develop transition plans. This activity has been helped by a significant number of the 2e2 delivery team and support team joining G3 Global, after they were made redundant by 2e2 UK Ltd. in the last week of January.
The broader solution offerings made possible by the acquisition include application maintenance and support, fully managed services, hosting and mobility. In addition, the two specialty technology companies will now enjoy stronger physical U.S. and European presence.
Now serving the UK, Europe, Africa, and the United States, G3 has a rapidly growing international business. Chris Gunter, CEO of G3 Global, noted “Having enjoyed an active US customer base over the last 10 year, we have been planning formal incorporation into North America for some time. The Diagonal acquisition is not only an important strategic opportunity to build a greater presence in the U.S., but also a fitting business match for both employees and customers.” Gunter added “The leadership Steve Woodgate and his Diagonal team bring to the table adds significant value to our global and local customer base.”
“This acquisition represents a significant step in G3 Global’s progress,” said Gunter. “There is excellent synergy between G3 and Diagonal, a matching of minds and business ethos that benefits employees of both companies, not to mention a strengthening of capabilities that will make the united customer base very happy.”
“We are very excited to join the G3 family,” says Diagonal President, Steve Woodgate, “and to have a home in a large organisation with such an incredible alignment of culture, methodology and management.
G3 Global continues to be financially sound, without any debt encumbrances.
About G3 Global
Founded in 1998, G3 Global is a SAP Gold Partner that delivers a portfolio of integrated SAP and Business Intelligence solutions. Incorporating strategic consulting and change management programs, G3 works with enterprises to enable them to reach strategic business goals through innovation and business process efficiency leveraging SAP, Oracle and other leading software.
For more information on G3 Global, visit http://www.g3g.com/
Founded in 1986, Diagonal Consulting is an international systems integrator, SAP Partner and reseller that provides implementation, training and support services. It is dedicated to helping businesses and organizations streamline operations, reduce IT costs, and improve reporting capabilities. Diagonal’s team of experienced consultants utilize unparalleled industry knowledge and expertise to deliver the powerful, sustainable IT outsourcing and SAP support solutions that drive business success.
In 2004, Diagonal was acquired by Morse PLC for ₤50m ($77m) and latterly transferred to 2e2 in 2010 as part of the Morse acquisition.
For more information on Diagonal Consulting, visit http://www.diagonal-consulting.com/
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