Lemongrass Consulting has acquired the business and assets of Wharfedale Technologies (WFT), a technology services company specializing in the migration and management of SAP on Microsoft Azure workloads. Financial terms of the deal were not disclosed.
This is technology M&A deal number 153 that ChannelE2E has covered so far in 2022. See more than 1,000 technology M&A deals for 2022, 2021, and 2020 listed here.
Lemongrass Consulting Acquires Wharfedale Technologies: About the Deal
Lemongrass is a software-enabled services provider that specializes in SAP on cloud and other automated managed services. The company has customers in the Americas, EMEA and APAC and partners with SAP, Amazon Web Services, Microsoft and Google Cloud, according to the firm.
Meanwhile, WFT was founded in 2000 by former technology partners and senior managers at Deloitte, IBM, HP and EMC. The company specializes in SAP hosting, infrastructure and cloud services. In 2010, WFT became the first SAP-certified cloud services provider in North America. In 2018, 2019 and 2020, it won the Microsoft MSUS Partner Award for Intelligent Cloud - SAP on Azure. In 2020, it also obtained the SAP on Azure Advanced Specialization from Microsoft, according to the statement.
WFT CEO Ganesh Radhakrishnan, U.S. employees and a delivery team in India will join Lemongrass, the companies indicated. Headcount details were not disclosed.
Lemongrass Acquires WFT: Executive Insight
Mike Rosenbloom, CEO at Lemongrass, commented on the news:
“We’re already engaged with a number of companies in the US and elsewhere that want our help moving and running their SAP systems on Azure. This deal enhances our engineering and service delivery teams while positioning us to compete with the largest systems integrators in the Azure services market.”
Ganesh Radhakrishnan, CEO of WFT, added:
“We’ve helped many companies run SAP on Azure. I am proud of the work we’ve done over the past decade and excited about the opportunity to grow even more under the Lemongrass umbrella.”