Mergers and Acquisitions, Enterprise, Mergers and Acquisitions

PriceWaterhouseCoopers (PwC) Acquires SAP Supply Chain Partner Olivehorse

PwC is acquiring Olivehorse, a supply chain management consultancy and SAP software partner based in the UK. Financial terms of the deal were not disclosed.

This is technology M&A deal number 832 that ChannelE2E covered in 2021.

COVID, Cybersecurity Drive Supply Chain Consulting Demand

Olivehorse, founded in 2012, is based in Coventry, UK. The SAP Gold partner provides end-to-end supply chain planning and management solutions to clients across the SAP, Anaplan and Kinaxis ecosystems, the seller said.

PwC’s acquisition of Olivehorse will strengthen its supply chain practice and add 60 members to its staff. The acquisition is expected to close in the first quarter of 2022.

Demand for supply expertise has accelerated for two major reasons. First, companies need to navigate supply chain pressures and disruptions triggered by the COVID-19 pandemic. Second, businesses need to safeguard their supply chains from cyberattacks -- which increasingly target multiple weak links in physical and virtual supply chains.

PwC Acquires Olivehorse: Executive Perspectives

Fred Akuffo, co-founder and managing director, Olivehorse
Fred Akuffo, co-founder and managing director, Olivehorse
Alistair Kett, PwC

Fred Akuffo, co-founder and managing director of Olivehorse said:

“This deal represents the next step in the growth of Olivehorse as we join PwC and provides us with the ability to make an even bigger market impact. For our people, we are gaining access to a global brand and established digital tools and alliances which will further the value we can bring to our clients going forward. We look forward to this.”

Alistair Kett, consulting supply chain and operations leader at PwC, said:

“I’m delighted that Olivehorse are joining PwC. By combining our capabilities, people, networks and credentials, we are reflecting, in very real terms, our ambition to invest and grow quickly in this market. The challenges facing the UK and Global economies in the field of supply, scarcity and disruption will all need innovative and technology enabled solutions and our new joint team is very well positioned to deliver these.”

PwC Acquisitions and Exits

PwC has been both a buyer and a seller in the technology services market. Example acquisitions include:

On the exit side, PwC sold its U.S. public sector business to Veritas Capital in 2018.

Sharon Florentine

Sharon is a master technology storyteller and editor with omnichannel experience: books and print magazines, digital, webcast, blogging, podcast, live events and video and associated brand-specific social media content. From 1999 to 2003, she acquired and edited technology books and certification exam prep guides.

After a year spent in publicity and editorial at mass-market book publishers, she returned to tech publishing and, since 2004, explored B2C and B2B news, issues and trends in consumer, lifestyle, software, software development, AI, ML, networks, big data, hardware, security, storage, cloud, equity, inclusion, diversity, women in tech, career development, IT management, H-1B visa issues and immigration, education, training and learning.

Her previous role was as the managing editor at Techstrong Group in charge of Cloud Native Now, DevOps.com, Security Boulevard and Techstrong ITSM and their brand-specific social media. She currently serves as editorial director for CyberRisk Alliance’s channel brands, ChannelE2E and MSSP Alert and acting editorial director for SC Media UK. Drop me a note and let’s talk!

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