The acquisition, expected to complete in August, will help cement EY’s position as an industry leader in SAP GRC services by further enhancing its end-to-end offering — from strategy to technology implementation.
Integrc has operations in the Netherlands, UK, India and UAE. It specialize in the full lifecycle of GRC consultancy and support services, including SAP GRC operations, audit, strategy and planning, implementation, operational control and fully managed services. Upon closing, the deal will help provide EY clients with new powerful propositions in the field of GRC and help them address big, complex issues in this area.
Jonathan Blackmore, Advisory Risk Leader, Europe, Middle East, India and Africa (EMEIA) at EY said “Integrc has unique and differentiating technology and industry insight, and we look forward to welcoming their highly skilled people into EY when we complete. Through our global alliance with SAP, we already co-create fit-for-purpose GRC technology solutions and advanced risk analytics capabilities. With this acquisition, we will be able to provide a world-class set of solutions to help our clients’ GRC operations work better.”
Acquisitions and alliances are an important part of EY Vision 2020 growth strategy and in past two years, company’s Global Advisory business has made a series of targeted acquisitions to complement existing services and offerings.
Michael Green, MENA Risk Leader at EY, says: “With this acquisition, EY will have the largest MENA based SAP GRC specialized team among the other consultancy organizations, gaining immediate access to the largest resource pool in SAP GRC in EMEIA and strengthening our alliance with SAP.”
This deal brings EY valuable GRC intellectual property assets and complementary advisory sector experience, enabling EY to offer an enhanced GRC client offering in terms of both business strategy and technology implementation.
Martyn Proctor and Werner van Haelst, Joint Managing Director at Integrc said, “We’ve inspired some of the world’s leading and most responsible companies to break new ground with GRC. With EY we now have the opportunity to do this on a much bigger stage. Our SAP expertise and innovative approach is a perfect fit with EY’s trusted brand, so this announcement is exciting news for customers.”