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The deal would see the Certus APAC team folded into KPMG’s technology enablement teams to bolster its support for firms navigating the technological impacts of COVID-19.
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KPMG moves to acquire technology consulting firm
24 August 2021
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10 minute read
KPMG Australia on Monday revealed that it had agreed to terms for the acquisition of Certus APAC, an Oracle implementation partner that specialises in the corporate delivery of cloud technology across the financial services, retail and public sectors.
The deal is set to be completed by late 2021, though commercial details have yet to be disclosed.
As part of the move, Certus APAC founder and managing partner Ian Wood would join the KPMG partnership, while 40 of his staff would be folded into the firm’s technology enablement teams across Sydney, Melbourne and India.
KPMG Australia CEO Andrew Yates said the Certus team and the Oracle cloud capabilities they will bring with them will better aid the firm’s service offering to clients facing major pandemic-induced change.
“The pandemic has forced organisations to re-evaluate how they interact with their customers, staff and suppliers, and determine if their current systems are fit for purpose,” Mr Yates said.
“Remote work and reduced face-to-face contact have changed mobility and virtual accessibility needs, and driven the requirement for more robust human capital management systems to engage with staff.
“Supply chains have become increasingly complex, requiring more sophisticated and flexible systems. Our clients are looking to us to help solve these problems, and Oracle cloud capabilities will add a further dimension to our technology enablement offering.”
Certus APAC, which was founded in 2014, is a recognised Oracle Platinum Specialised Partner and a training provider to Oracle University. Mr Wood said the business’s credentials would be a massive coup for both KPMG and its clients.
“Our rapid growth over the past four years has been fuelled by increasing demand for Oracle cloud transformation,” Mr Wood said.
“This has accelerated significantly during the pandemic, and we have reached a stage where the resources and support of a large firm was the logical next step. Joining with KPMG will allow us to continue this growth trajectory and focus on what we do best.”
Mr Wood said the deal is set to benefit both firms, who share the same ethos and values.
“The alignment of opportunity and, most importantly, culture, makes this the perfect fit for both sides,” he said. “Innovation and agility are at the heart of what we do, and KPMG are as passionate as we are about creating measurable value for our clients.”
KPMG Australia’s move to acquire Certus APAC emerges as the latest in a series of deals made to bolster its technology enablement services, after it appointed Alex Moreno — who joined from Accenture — its first national Salesforce lead.
Mr Moreno’s appointment followed the acquisitions of Microsoft partner Hands-On Systems in 2015 and Murex software specialist IT Markets in 2016.
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