Codestone Acquires Clarivos

May 3, 2022

Codestone, an FPE Capital-backed SAP and Microsoft partner, acquired SAP ERP, Analytics and EPM specialist Clarivos in a deal that closed on 3 May 2022. The acquisition adds over 70 Clarivos employees and is expected to generate approximately £10 million in incremental revenue and £2 million in incremental adjusted EBITDA over the next 12 months while expanding Codestone's SAP Cloud ERP, EPM and analytics capabilities.

Buyers
Codestone, FPE Capital
Targets
Clarivos
Platforms
Codestone
Industry
IT Services
Location
United Kingdom
Transaction Type
Addon

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