Overview:
On 30 August 2022, NTT Data Business Solutions, NTT Data’s SAP consulting arm, announced that it had acquired a majority stake in Walldorf, Germany-based SAP Data Transformation Partner, Natuvion.
The acquisition strengthens NTT Data’s SAP transformation and cloud migration expertise.
About NTT Data:
Headquartered in Tokyo, Japan and part of the NTT Group, NTT Data is a global provider of IT and business services. It provides consulting, industry solutions, business process services, digital & IT modernization and managed services.
The company has clients in over 50 countries across the globe.
About Natuvion:
Founded in 2014, Natuvion is an SAP consulting services provider.
An SAP Data Transformation Partner, it provides data migration, data transformation, data integration, data protection, data security and data quality services.
It has over 250 employees across Germany, Austria, Switzerland, Slovakia, US and Australia.
It is headquartered in Walldorf, Germany.
Rationale of the transaction:
With this acquisition, NTT Data expands its SAP S/4HANA transformation expertise.
NTT Data and Natuvion have been functioning as partners to implement complex SAP S/4HANA transformation projects since 2020.
The addition of Natuvion, a part of an exclusive group of four transformation experts globally operating under SAP's guidance as part of SAP’s Selective Data Transition Engagement, significantly bolsters NTT Data’s SAP consulting credentials.
Commenting on the transaction Norbert Rotter, CEO of NTT Data Business Solutions and SVP of NTT Data Corporation, Tokyo said, "By acquiring a majority stake in Natuvion we are deepening the successful collaboration between the two companies and further strengthening our leading market position in the area of cloud migration globally. Clients around the world are continuing to invest in SAP technologies such as SAP S/4HANA and SAP cloud solutions. The type of migration involved requires a great deal of experience. Our new colleagues' exclusive relevant transformation know-how and the Natuvion Group's corporate culture are a very good fit for us. We will market Natuvion's automation solutions worldwide and make them available within the NTT/NTT DATA group.”
The Chesapeake Group was not an advisor in this transaction.