BDO acted as lead M&A advisor to the shareholders of Incremental Group on the sale of the business to Telefónica Tech, a subsidiary of Telefónica SA.
Incremental is one of the leading Microsoft Dynamics Partners in the UK and is also a major player in the Data and Analytics market. It has been a Microsoft Business Applications Inner Circle member for the past three years and is one of only two partners in EMEA on Microsoft's Global Advisory Board for data analytics. With a headcount of 350, the business will continue with its ambitious scale-up plans with the backing of Telefónica Tech.
Telefónica Tech has an ambition to be the number one cloud transformation partner for their customers, delivering next generation modern workplace experiences, trusted enterprise security services to protect apps in a data and hybrid cloud world. It has been on a journey to transform its business and acquiring Incremental brings enterprise applications and advanced data capabilities to its portfolio of services.
"For business owners with ambitions like ours, it is so important to be able to rely on insight from advisers who understand the dynamics of the M&A market, the nuances of our sector and how to get a deal over the line. It’s also vital to build a positive working relationship, which will allow you to succeed together. BDO has done just that over the past five years"
Neil Logan, CEO, Incremental Group