Symatrix makes key acquisition to strengthen consulting capabilities
Oracle ERP, HCM and Outsourced Payroll Services provider Symatrix has acquired Succeed, a UK-based Oracle Peoplesoft HCM and payroll consultancy services provider, as it looks to strengthen its HR and Payroll consulting capabilities.
The acquisition is the latest stage of Symatrix’ ongoing expansion and follows a year of dynamic growth for the business during 2020.
In line with this, Symatrix plans to bring all of Succeed’s existing employees into the business. This will lead to a further rise in headcount, following a major recruitment drive over the past year.
The acquisition also highlights Symatrix’ commitment to delivering Oracle implementations and providing high-quality consulting and support. Like Symatrix, Succeed has been actively engaged in HR and payroll since 2000 and has built up extensive experience and expertise across both areas, which will help strengthen the Symatrix offering.
Chris Brooks, Managing Director, Symatrix, said: “We see significant synergies between our two businesses both in terms of our expertise in Oracle and our understanding of HR and payroll. We are taking on an experienced team and some fantastic customers. The Succeed team is a great addition and will help us strengthen even further our existing Consulting and Manage Service offerings.”
Brooks added: “The Succeed customers will continue to receive the exceptional service levels that they are used to and in addition will benefit from access to the wider Symatrix service suite including fully managed payroll and testing as a service.”