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The agreement adds 30 people to the firm’s existing SAP team furthering its capabilities.
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KPMG acquires Adelaide SAP firm Think180
08 February 2023
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KPMG Australia has expanded its SAP team by acquiring Adelaide-based SAP asset, work and project firm Think180.
KPMG Australia CEO Andrew Yates said the deal would bolster his firm’s capability in key business technology.
“SAP is a world leader in business technology and KPMG is investing heavily in growing our offerings in this space,” said Mr Yates. “By combining KPMG’s capabilities alongside Think180’s, we are creating one of the leading SAP intelligent and enterprise asset management specialist teams in Australia.”
“This acquisition underlines the firm’s commitment to technology transformation capability and merging expert capabilities with a ‘whole of business’ mindset to support our clients.”
SAP produces enterprise resource planning (ERP) products with software for human capital management, supply chain management and enterprise performance management.
Think180 CEO John Schultz said the acquisition was an opportunity to improve processes and expand the impact of both firms.
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“Having built a long history delivering SAP solutions that transform business processes, realise more from existing SAP investments and utilise the latest technologies - joining KPMG represents a unique opportunity for us to ‘level up’ and expand our reach and impact,” said Mr Schultz.
“KPMG shares our ambition to create a world-leading SAP solutions business right here in Australia.”
“By merging our teams and linking in with the depth and breadth of business, technology and compliance expertise within KPMG - we are taking a massive step on this journey.”
KPMG confirmed Think180’s co-founders Mr Schultz and Stephen Silver would join the firm as partners, while their other co-founder Peter Butler would join as a principal director.
KPMG’s existing SAP technology head and partner Pauline Doherty was looking forward to adding further expertise to the practice.
“The acquisition of Think180 reflects KPMG’s commitment to providing industry leading SAP services to meet the needs of the Australian market,” said Ms Doherty.
“Think180 has already established itself as a leading player in the assets and works space.”
“We are excited to add their expertise to our existing team and further enhance KPMG’s unique, business-oriented approach to SAP implementations.”
The firm said the Think180 business would become part of KPMG later this year subject to the successful completion of the acquisition.
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