SNP acquires Trigon Consulting and strengthens premium services for customers and partners

• Consulting specialist for IT and business transformations, data migration and digitalization joins the SNP Group with effect from May 1, 2024
  
  
• The move expands and strengthens the SNP go-to-market model, enabling partners and customers to use SNP software more quickly
  
  

Trigon has been providing IT consulting services for mid-sized and large companies since 1997, now making SAP S/4HANA and RISE with SAP a focus of their consulting. Trigon employs a structured and methodical approach to deliver solutions for IT and business processes. The company offers a wide range of consulting solutions for companies, from implementing data migrations and integrations during mergers and acquisitions to IT transformations and digitalization projects.

SNP is currently experiencing strong business growth, driven by the high demand for data migration and data management solutions. In light of this ongoing dynamic development, SNP is working to strengthen its capacity so that it can continue to meet this demand effectively going forward. SNP is financing the acquisition from its current cash flow, which the company significantly improved in the 2023 fiscal year.

Michael Dirks, Managing Director & Global Head of Services at SNP: “Our business is showing very strong momentum. Our main challenge right now is to expand our capacity to meet the high demand. The acquisition of the Trigon Group is therefore a very important step forward for us. We are gaining an experienced team of around 40 colleagues with extensive IT consulting expertise, who will join forces with us to drive the transformation of IT landscapes. The move provides immediate impetus for our Service business and will also have positive indirect effect on our Software business.”

Heinz Kuhnle, Founder and Managing Director of Trigon, adds: “We already worked closely with SNP in the past and achieved success in joint projects. Our companies complement each other perfectly, and our expertise will strengthen SNP’s consulting services and expand its capacity. Pooling our expertise was the next logical step, as it creates a win-win situation for everyone involved. We are thrilled to become part of this incredible team and are looking forward to the exciting journey ahead with SNP.”

About SNP

SNP (ticker: SHF.DE) is the global technology platform leader and trusted partner for companies seeking unparalleled data-enabled transformation capabilities and business agility. SNP’s Kyano platform integrates all necessary capabilities and partner offerings to provide a comprehensive software-based experience in data migration and management. Combined with the BLUEFIELD approach, Kyano sets a comprehensive industry standard for restructuring and modernizing SAP-centric IT landscapes faster and more securely while harnessing data-driven innovations.

The company works with more than 3,000 customers of all sizes and in all industries worldwide, including 20 of the DAX 40 and 103 of the Fortune 500. The SNP Group has more than 1,500 employees worldwide at over 35 locations in 15 countries. The company is headquartered in Heidelberg, Germany, and generated revenues of EUR 203,4 million in the 2023 fiscal year.