LSI Consulting, a leading provider of implementation and application managed services for the SAP ecosystem, has been acquired by Invenio, a UK-based SAP technology consulting firm backed by Business Growth Fund Limited (“BGF”).
- LSI’s extensive experience with SAP’s digital core and cloud solutions combined with Invenio’s strengths in SAP solutions for tax and revenue management and digital supply chain create a broad solutions platform for SAP customers worldwide
- LSI’s North American focus compliments Invenio’s success in Europe, the Middel East and Asia Pacific regions
- The expanded capabilities of the new organization include SAP, Amazon Web Services, Microsoft Azure, and Google Cloud Platform accreditations
About LSI
LSI empowers government organizations to run better and improve citizens’ lives by empowering agency services personnel, reducing operational cost and complexity and effectively managing risk and compliance. Since its founding in 1998, LSI has been developing and configuring SAP software specific for public sector, education and healthcare markets. Fast forward to the digital age and LSI continues to transform public organizations by leveraging SAP’s next-generation HANA technologies. LSI provides the full gamut of offerings from advisory, IT and business strategy, implementation (cloud or on-premises), hosting, support and migration services.
About Invenio
Invenio, founded in 2006, is an award-winning consultancy, headquartered in Reading, UK, which solves complex business challenges with innovative digital solutions, based on SAP technology. Invenio provides end-to-end solution and service offerings which include integration, mobility & portals, and advanced analytics. Recognized for leading SAP S/4HANA implementations and creating industry-specific solutions, Invenio continues to deliver the future by transforming organizations into intelligent enterprises across the public and private sectors. Invenio has offices in the UK, Germany, Mauritius, Saudi Arabia, UAE, Jordan, India, Fiji, and the United States.
About BGF
BGF is the most active and influential investor in small and mid-sized businesses in the UK. An established and independent company, it has £2.5bn to support a range of growing companies – early stage, growth stage and quoted – across every region and sector of the economy. BGF is a minority, non-controlling equity partner with a patient outlook, based on shared long-term goals with the management teams it backs. With a 150+ strong team, BGF offers an unparalleled international network of business leaders, sector experts, board-level non-executives and provides in-house support with Chair and senior executive selection and appointments.
Transaction Details
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SectorsTech-Enabled & IT Services
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ServiceM&A
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OwnershipFounder-Owned
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PracticesManaged IT Services