Codestone Group has acquired Clarivos in a bid to create an SAP cloud powerhouse.
The SAP partner make Clarivos part of its technology and cloud services business.
Clarivos has a headcount of more than 70 and claims 350 successful EPM and ERP projects across EMEA.
Codestone co-founder & CEO Jeremy Bucknell said the partner expects the buy will generate £10 million in incremental revenue, and £2 million in incremental adjusted EBITDA, over the next year.
