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Deloitte today announced its intention to acquire the business and assets of Keytree. Keytree is a technology consultancy with headquarters in the UK and offices in India, Spain, Australia and Canada.
About Keytree
Founded in 2006, Keytree is a business with 400 employees. It provides digital transformation services including data analytics, cloud and robotic technologies and a suite of products and managed services. It has its headquarters in London. Keytree currently operates within the UK, India and Spain. It also has smaller divisions located in Australia and Canada. Working with Deloitte, Keytree will extend its reach to work across the organization.
About the deal
The combination of Deloitte and Keytree’s capabilities will create the largest SAP-enabled transformation practice in the UK and one of the largest in Europe. It will position Deloitte to significantly grow its capacity to support clients worldwide with their digital transformation programs. Further, Keytree’s CEO Dan McNamara, Managing Director Tim Kyle, and wider workforce will integrate into part of the Deloitte enterprise technology and performance practice.
“This is an exciting time for Keytree," says Tim, "As we build on the success we have experienced over the last 14 years."
He further added that both organisations have similar cultural and business values. By working together in the future, they will be in a position to deliver solutions for customers. They will further drive digital innovation and positively impact communities.
Sam Balaji, Deloitte Global Consulting leader, on the account said:
“Digital connection has never been more important. And technology-enabled transformation will be a critical catalyst for businesses as they recover and thrive beyond COVID-19. Joining forces with Keytree strengthens Deloitte’s SAP and Cloud transformation capabilities globally and reinforces the close-to-market geographic presence and insights Deloitte delivers to help clients with their critical programs and long-term success.”
Further, Richard Houston, senior partner and chief executive of Deloitte North and South Europe (NSE) and Deloitte UK said:
"Organizations of every size need to find new ways to thrive post COVID-19. Digital transformation programs will be right at the heart of this. Bringing together our scale and Keytree’s capabilities and entrepreneurial spirit will help our clients to ensure these critical programs support their long-term success. We’re looking forward to welcoming the Keytree team into Deloitte once the deal completes."
"The skills, size and scale of our team have grown quickly over the past 14 years. Combining our business and people with the brilliant team at Deloitte and fusing the organization’s rigorous technology and data capabilities with our own will ensure that we are able to operate and innovate at an even larger global scale and be in the best position possible to support our clients when they need us most,” says Dan McNamara, chief executive of Keytree.