Kartesia, the European specialist provider of capital solutions for small and mid-sized companies, is pleased to announce it has provided a financing solution of $50m to sa.global, a leading Microsoft Dynamics Partner offering industry-specific solutions to firms in the professional services and other project-driven industries. The funding will support sa.global’s business transformation, expansion, and other growth initiatives, including the recently announced acquisition of Dynamic Consulting in the US.
sa.global is an 11-time winner of the Microsoft Partner of the Year award, a 10-time member of Inner Circle, and the world’s largest independently owned global provider of Microsoft business solutions to the professional services industry and other project-driven businesses. With a presence in 25 countries and an 850-strong team, sa.global has implementation experience in over 80 countries.
Dynamic Consulting is one of Microsoft’s 25 Managed Partners in the US and serves around 250 clients with a significant focus on project manufacturing, industrial equipment manufacturing, and field service organizations. The complementary acquisition of Dynamic Consulting strengthens sa.global’s presence in the Americas, expands its capabilities across the Microsoft Business Platform and allows to better serve mutual as well as future clients.
The growth funding for this transaction was provided by Kartesia’s Credit Opportunities IV and V funds. The deal team at Kartesia comprised Matthieu Delamaire, Jean Diercxsens and Toon Van Coillie.
Equiteq advised sa.global in this transaction and assisted in establishing a financing solution aligned with the company’s growth ambitions. The deal team consisted of Jerome Glynn-Smith, Jeremy Azzarita and Kiran Menon.
Stephen James, CEO and Founder of sa.global, commented: “We are delighted to have the support of an investor like Kartesia which believes in our business and is excited by the opportunity to support our growth. We chose Kartesia because of its long-term, flexible, and relationship-driven approach, as well as its extensive experience in the technology sector. Partnering with Kartesia gives us the financial strength to compete in an increasingly consolidated market but leaves us free to operate and grow the business in the same entrepreneurial, customer-centric, and agile way which has driven our success for the past 30 years. We will use these funds to further cement our position in the Microsoft ecosystem with rapid innovation on top of our already differentiated product suite and to bolster our future growth and expansion.”
Jerome Glynn-Smith, Managing Director at Equiteq, commented: “It has been an absolute pleasure to advise Steve and the sa.global group of owner-managers to secure flexible structured finance from Kartesia. This transaction has unlocked a high-quality acquisition in the US for the leading independent and global Microsoft partner, built to differentiate through real client-centricity and IP. I’m sure this fantastic sa.global management team will benefit from Kartesia’s experience in supporting business owners grow and deliver equity value in technology & services.”
Jean Diercxsens, Director at Kartesia, commented: “We are very pleased to announce our partnership with sa.global as we continue to invest selectively in entrepreneur and family-led businesses that benefit from solid growth prospects and high-quality management teams. We have been impressed with the robustness of the sa.global organization, the high level of delivery excellence and the strong historical growth track record. The complementary acquisition of Dynamic Consulting is a key milestone for sa.global in order to gain critical mass and further accelerate its presence in the US market. We look forward to working closely with the management team to further unlock sa.global’s organic and inorganic growth potential.”