The Silicon Partners Inc. (TSP) announces agreement to acquire iXerv Americas
FOLSOM, California, April 2021 – BUSINESS WIRE – The Silicon Partners, Inc. (“TSP”) is pleased to announce that it has signed a definitive agreement to acquire iXerv Americas (“iXerv”), an SAP SuccessFactors services provider with SAP Recognized Expertise and Gold Partnership status, to provide SAP Human Experience Management (HXM) business transformation and Qualtrics management services along with its current SAP S/4HANA, Robotic Process Automation (RPA), Artificial Intelligence (AI) and Machine Learning (ML) professional services and solutions.
Key Transaction Highlights
TSP entered into a definitive agreement to acquire iXerv Americas, a pan-Americas SAP services provider with presence in the United States, Caribbean, and Latin America. The combined entity, which will operate as TSP, effective immediately, will now have offices in United States (Folsom, Los Angeles, Dallas, and Miami), Latin America (Brazil, Chile, and Mexico), Caribbean (Puerto Rico), Europe (Belgium), India (Noida and Pune) and China (Shanghai) and will focus on SAP S/4HANA services, SAP SuccessFactors, Qualtrics, Robotic Process Automation via UiPath, Procurement Business Transformation via AppOrchid, Application Management Services (AMS) and Artificial Intelligence/Machine Learning across all business units and industries for enterprise customers.
The following organizational changes will take effect immediately:
- Luke Marson, President and Co-Founder of iXerv, will become Senior Vice President of the TSP HXM business unit
- Bruno Silva, CEO of iXerv Americas, will become Senior Vice President of the TSP Latin America SAP services line of business
- Marvin SooHoo, will assume a dual role and become Co-Chairman of TSP and Executive Vice President – Innovations
iXerv Americas and iXerv Latin America
iXerv Americas, founded in 2016 with an initial focus on SAP SuccessFactors Employee Central and Employee Central Cloud Payroll services, has enjoyed annual double-digit growth prior to the pandemic and attained SAP Recognized Expertise status as well as recognition with the likes of Gartner and Raven Intel as a premier SAP Partner.
Luke Marson, President and Co-Founder of iXerv, states, “We are excited for this opportunity to team up with TSP to fill a gap in the market for customers who require a specialist to provide SAP S/4HANA and SAP SuccessFactors migration services together. We believe that the unique fit of skills and experience between the two teams will result in significant success for customers and SAP. We believe in TSP’s vision to be a true global SAP Partner and being a one-stop shop for the Intelligent Enterprise.”
“I am pleased that TSP has closed on the acquisition of iXerv Americas, augmenting TSP’s already blue-chip level SAP management team,” said Ravi Chowdhury, CEO and Founder of TSP. “Adding an experienced and successful SAP SuccessFactors management team to our existing SAP S/4HANA and RPA leadership team will make TSP more robust in the SAP services market and enable us to provide services that are unrivaled in the market. We anticipate that the combined teams will set TSP up for success in the SAP S/4HANA, SAP SuccessFactors, Qualtrics, RPA, AI, ML, and AMS markets.”
About The Silicon Partners Inc. (TSP)
The Silicon Partners Inc (TSP) is a fast-growing IT Services company headquartered in Folsom, California. TSP was created from a long and successful IT Services legacy of its founders. TSP has continued to evolve its business through delivering value with its services across the SAP solution set and now SAP SuccessFactors and Qualtrics via this acquisition. TSP believes in helping its clients achieve their organizational vision and support their mission by “Bringing SAP, RPA, AI/ML & Cloud together”. TSP’s focus is in the areas of and around Digital Core Enterprise –SAP S/4HANA, SuccessFactors Human Experience Management (HXM), Robotic Process Automation (UiPath), AI/ ML & Cloud (Google Cloud Platform).
Media Contact
Litika Mehta, Marketing Director
Email: pr@tsp.tech