Bridgepoint Group plc

10/01/2024 | Press release | Distributed by Public on 10/01/2024 02:38

Kerv announces strategic acquisition of Microsoft Dynamics consultancy, Inciper

Today, Bridgepoint portfolio company Kerv has announced the acquisition of Inciper - a consultancy focused on the implementation and support of Microsoft Business Applications and Data Analytics with particularly specialisms in Dynamics for Finance & Operations, the large-scale Enterprise Resource Planning (ERP) platform. The acquisition brings with it Inciper's 75 expert practitioners and the combined operations will create in Kerv a unique capability - expertise across the entire range of Microsoft Dynamics 365 business applications and the ability to transform organisations across all aspects of their operations - from mid-market to the largest enterprises and Public Sector organisations.

The Inciper team will join Kerv Digital, the Group's Microsoft-aligned Digital Transformation practice, and will continue to be led by their founders, Mark Roberts and Dave Sanderson.

Speaking about the acquisition and the Inciper team, Kerv's executive chair Alastair Mills said "We are delighted to welcome the Inciper team to Kerv. Mark and Dave have built a fantastic business that is well known for their leading position in the Microsoft Dynamics F&O market. We know there is a strong cultural alignment between the teams and together, we'll focus on our achieving our mission of helping organisations harness the power of technology for the good of our people, our customers, our society and our planet."

Mark Roberts, Inciper's co-founder, said: "We are incredibly proud of what Inciper has become over the past eight years and, from the very first conversation with the Kerv team, we recognised that we'd found a kindred spirit, with such close alignment in many areas including the importance of customer and employee experience. That, combined with the excellent capability fit across the two companies, means we are really excited about what the future holds for Inciper within the Kerv Group."

Robin Lawson, Partner at Bridgepoint Development Capital, said: "Inciper is a highly complementary first acquisition for Kerv since our investment earlier in 2024, enhancing its specialist capabilities within the high-growth dynamics and data space. Inciper's expertise will allow Kerv to continue winning large and complex transformations, further positioning the business as a leading digital transformation partner in the UK."

Inciper serves mid-market, enterprise and large public sector organisations including The Welsh Government, Marston HoldingsandM&S, and brings additional revenues in excess of £10m to Kerv, together with an organic growth rate of 20%. Inciper is a highly accredited, directly managed partner of Microsoft, and is widely recognised for its expertise in the Microsoft Dynamics 365 CE & F&O, Power Platform and data platform & analytics capabilities.

Funding was provided by Kerv's existing investment partner Bridgepoint, via its Bridgepoint Development Capital franchise, with additional support from existing investor Lloyds Development Capital and facilities from Apera.

The transaction closed on 30 September 2024.