DGAP-News

All for One Steeb AG to Acquire inside Unternehmensberatung GmbH and Enlarge its HR Digital Transformation Portfolio - Seite 2

KWP and inside complement one another superbly in terms of their client and service portfolios, culture and locations. The two will be merged to strengthen their shared approach to business and, with their outstanding management team, will help human resource departments fully embrace the digital age. Joachim Volpert (from KWP) and Dr Ralph-Peter Rembor (from inside) will be the managing directors of the combined company. Of the sellers, inside's founder and majority shareholder Jürgen Schulz will be retiring. René Schumann and Jörg Schreiber, who like Rembor are shareholders and managing directors of inside, will complete the combined company's expanded management team. With some 240 employees and an initial sales volume of approximately EUR 32 million, the merged company intends to take the leading position in the SAP HR market in Germany, Austria and Switzerland (the so-called DACH region) with the largest SAP Cloud HR customer base.

»Serving the market for 25 years, KWP, founded in 1992, and inside continue to inspire and empower customers with innovative SAP HR solutions. This is only one of many reasons why the combined company will open up an exciting world of opportunities for customers, employees and partners alike«, explained Schulz.

Lars Landwehrkamp, the CEO of All for One Steeb AG: »The transaction was well prepared and you can see how much the newly formed team values making the endeavour a success. From the outset, KWP and inside will be providing both new and existing customers with significant added value in designing and executing digital transformation, including the most extensive HR process and technology expertise for SAP HCM, SuccessFactors and Concur, not to mention HR best practices devised especially for the midmarket sector. Major growth opportunities await us for many years to come by enhancing our cloud strategy in this way«.

About All for One Steeb

All for One Steeb AG (ISIN DE0005110001) is the number 1 in the German-speaking SAP market and a leading IT service provider. The full-service provider's portfolio comprises end-to-end services and solutions across the entire IT value chain, from management and technology consulting, SAP industry solutions and cloud applications up to highly scalable hosting and cloud services out of its German datacenters, where All for One Steeb is orchestrating highly available IT operations for all business-related IT systems - including SAP solutions as well as Microsoft Exchange or Sharepoint. This is why market observers also rank All for One Steeb amongst the leading IT service providers for Outsourcing and Cloud Services, SAP HANA, Business Analytics and Performance Management, Human Capital Management, Application Management Services or Communications and Collaboration. As an SAP Platinum Partner, All for One Steeb is a reliable general contractor and serves with more than 1,300 employees over 2,000 clients in Germany, Austria and Switzerland, mainly among the manufacturing and consumer goods industry. As a founding member of United VARs, the largest global network of leading SAP partners, All for One Steeb guarantees a comprehensive consulting and service portfolio as well as the best local support in some 80 countries. In the financial year 2015/16, All for One Steeb AG achieved a turnover of EUR 266 million. The company is listed in the Prime Standard segment of the Frankfurt Stock Exchange.