Deloitte today announced its intention to acquire the business and assets of Keytree, the international technology consultancy, to grow its digital reach to support clients worldwide
The combination of Deloitte and Keytree’s capabilities will create the UK’s largest SAP-enabled transformation practice and allow Deloitte to significantly grow its capacity to support clients worldwide with their digital transformation programmes.
Founded in 2006, Keytree, a business with 400 employees, provides digital transformation services including data analytics, cloud and robotic technologies and a suite of products and managed services.
Richard Houston, senior partner and chief executive of Deloitte UK, said: ‘We believe that beyond Covid-19, investment in technology will be a critical catalyst for the recovery of UK businesses. Being digitally-connected has never been more important.
‘Organisations of every size need to find new ways to thrive post Covid-19 and digital transformation programmes will be right at the heart of this.
‘Bringing together our scale and Keytree’s expertise and entrepreneurial spirit will help our clients to ensure these critical programmes support their long-term success. We’re looking forward to welcoming the Keytree team into our firm once the deal completes.’
Keytree’s chief executive officer, Dan McNamara, managing director, Tim Kyle, and wider workforce will integrate into the firm’s consulting practice.
On making the announcement, Tim Kyle, managing director of Keytree, said: ‘Both companies share similar cultural and business values and by working together in the future, we will be in a position to deliver solutions for our customers that will overcome significant business challenges, drive digital innovation and continue our commitment to positively impact the communities in which we operate.’
With headquarters in London, Keytree currently operates within the UK, India and Spain, with smaller divisions located in Australia and Canada. Working with Deloitte, Keytree will extend its reach to work across the firm's global network.
Keytree’s skills and expertise will bolster Deloitte’s implementations of SAP S/4HANA, SAP Customer Experience, SAP SuccessFactors and SAP Cloud Platform, supporting customers with their key digital transformation strategies, growth and success in the years ahead.
Rob Cullen, partner and leader of Deloitte’s enterprise technology practice, added: ‘Bringing together Keytree’s market leading capabilities in SAP digital design and innovation with our own will give clients an unrivalled breadth and depth of expertise as they transform the functions at the heart of their businesses.
‘This will significantly boost the ways that we can transform our clients’ digital core operations and the experience of their customers and employees as they continue to adapt to new ways of working.
‘Teams from Deloitte and Keytree have collaborated for a number of years to support clients and I am excited by the prospect of accelerating Keytree's growth when it becomes a Deloitte business.’