Atos acquires Eagle Creek Software Services, a Salesforce partner
French IT mega-consultant Atos has acquired Eagle Creek Software Services, a US technology and management consultancy and Salesforce partner. Financial terms of the deal were not disclosed.
This is the M&A 442 deal that ChannelE2E has covered so far in 2020. See the full list of M&A deals here.
Eagle Creek specializes in Salesforce enterprise implementations for its customers in North America. Atos announces that it will integrate the company’s expertise in customer relationship management, end-to-end application development and the integration of business intelligence into its growing Salesforce business.
Based in Minnesota, Eagle Creek has more than 250 employees. The company specializes in the healthcare, financial services, insurance and communications sectors.
Atos acquires Eagle Creek: a Salesforce agreement
Bryan Ireton, Managing Director of Atos North America, commented on the news:
âThe acquisition of Eagle Creek and their specific expertise in Salesforce will strengthen our digital portfolio in North America and globally. This will give us the opportunity to develop a world-class Atos Salesforce franchise and give us the ability to help clients manage and maximize their interactions with their clients, and provide them with the means to add more value while improving the customer satisfaction. The transaction also serves to strengthen Atos ‘service excellence, as Eagle Creek’s culture and values ââtake our clients’ engagement to new heights.
Ken Behrendt, President of Eagle Creek, said:
âKnowledge of customer and consumer data is essential for our customers. We are confident that joining Atos will significantly contribute to our drive to help companies better organize and access customer data, as well as to help our employees and consultants pursue their careers with new challenges and growth.
Atos growth trajectory
Atos is of course no stranger to acquisitions. Even with the global pandemic slowing M&A activity overall, Atos has managed to make a handful of acquisitions. Recent offers include:
- October 2020: SEC Consult Group, a 200-person cybersecurity consulting firm that offers penetration testing, red-teaming and technical assessment services
- July 2020: EcoAct, a consulting firm specializing in carbon reduction strategies. Financial terms were not disclosed.
- June 2020: Paladion for MDR (Managed Discovery and Response), Managed Security Service Provider (MSS) and SOC (Security Operations Center) capabilities.
- April 2020: Miner & Kasch, an artificial intelligence (AI) and data science technology consulting firm from Elkridge, Maryland.
Atos has 110,000 employees in 73 countries. The annual turnover of the company is approximately 12.9 billion US dollars. For a full list of Atos acquisitions, ChannelE2E has compiled a list here.
Salesforce Partner Ecosystem: Mergers and Acquisitions
Meanwhile, Salesforce consulting partners remain attractive acquisition targets as the Salesforce ecosystem continues to grow.
The company’s revenue grew 29% in 2020 to $ 17 billion, while stock prices have risen 50% since the start of the year. According to IDC estimates, the jobs created through the use of Salesforce cloud services between 2019 and 2024 will reach 4.2 million. The research company also says that in 2019, for every dollar earned by Salesforce, the largest ecosystem grossed $ 4.3, according to its estimates.
With numbers like these, it’s no wonder companies of all sizes are looking to get involved in the Salesforce ecosystem. Often, this involves taking hold of small businesses in order to integrate their expertise. ChannelE2E has compiled a list of Salesforce-related offers, which you can view here.