Hanse Orga continues acquisitions, adding e5 Solutions Group
The German group follows last week’s purchase of Dolphin Enterprise Solutions with its second purchase this month.
The German group follows last week’s purchase of Dolphin Enterprise Solutions with its second purchase this month.
Financial automation software vendor Hanse Orga Group has agreed to buy e5 Solutions Group, a North America-based implementation and support services specialist, which also as provides software add-ons for SAP treasury applications that enable and augment SAP standard treasury functionality to enterprise customers in North America.
Hanse Orga commented: “The firm’s focus on treasury management, in combination with Hanse Orga Group’s existing expertise in delivering international solutions to clients for order-to-cash and procure-to-pay business requirements, will create a unique fintech company which is able to serve customers along the whole financial automation value chain within SAP. Solutions can be designed that will incorporate non-SAP enterprise resource planning technology which solves many of today’s global business problems of fragmented technology landscapes and processes.”
Established in 2001, e5 works with some of the largest organisations in North America and customers include Fortune 100 companies. The founding partners of e5 will remain shareholders in the new enterprise and the current e5 leadership team will continue to lead the development and management of e5 as part of the Hanse Orga Group, which recently concluded a deal to acquire Dolphin Enterprise Solutions.