Login
Stream to breathe further life into Oxygen
Australian specialist SAP consulting firm, Stream, has been acquired by UXC’s SAP software and services integrator subsidiary, Oxygen Business Solutions.
Digital
Firms: Swaab (UXC), Truman Hoyle (Lyle Abel)
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
Deal: Acquisition of Australian specialist SAP consulting firm, Stream, by UXC’s SAP software and services integrator subsidiary, Oxygen Business Solutions
Area: Technology
Value: Confidential
Key players: The Swaab team was led by corporate partner Alistair Jaque (pictured) and senior associate Andrew Draper
Deal significance: The purchase, which forms part of UXC's broader strategic direction, will provide UXC with greater resources and means to continue to grow in the SAP technology market. "We have had a strong year with our SAP business and the additional capability, scale and geographic reach this provides creates even more momentum as we scale for bigger and more complex projects,” said UXC managing director Cris Nolli. Stream currently has annual revenues of approximately $10 million and over 40 permanent staff in offices across Australia.
