Deloitte announces intent to acquire the business and assets of Keytree

Deloitte today announced its intention to acquire the business and assets of Keytree, the international award winning technology consultancy, headquartered in the UK with offices in India, Spain, Australia and Canada.

Founded in 2006, Keytree, a business with 400 employees, provides digital transformation services including data analytics, cloud and robotic technologies and a suite of products and managed services.

The combination of Deloitte and Keytree’s capabilities will create the UK’s largest SAP-enabled transformation practice and allow Deloitte to significantly grow its capacity to support clients worldwide with their digital transformation programmes.

Richard Houston, senior partner and chief executive of Deloitte UK, said: “The UK has played host to many of the world’s most significant technology advancements, bringing huge benefits to the country’s economy and the skills of its workforce. We believe that beyond COVID-19, investment in technology will be a critical catalyst for the recovery of UK businesses. Being digitally-connected has never been more important. Organisations of every size need to find new ways to thrive post COVID-19 and digital transformation programmes will be right at the heart of this. Bringing together our scale and Keytree’s expertise and entrepreneurial spirit will help our clients to ensure these critical programmes support their long-term success. We’re looking forward to welcoming the Keytree team into our firm once the deal completes.”

Keytree’s chief executive officer, Dan McNamara, managing director, Tim Kyle, and wider workforce will integrate into the firm’s consulting practice.

On making the announcement, Dan McNamara, chief executive of Keytree, said: “The skills, size and scale of our team has grown quickly over the past 14 years. Combining our business and people with the brilliant team at Deloitte and fusing the firm’s rigorous technology and data expertise with our own will ensure that we are able to operate and innovate at an even larger global scale and be in the best position possible to support our clients when they need us most.”

Tim Kyle, managing director of Keytree, added: “This is an exciting time for Keytree as we build on the success we have experienced over the last 14 years. Both companies share similar cultural and business values and by working together in the future, we will be in a position to deliver solutions for our customers that will overcome significant business challenges, drive digital innovation and continue our commitment to positively impact the communities in which we operate.”

With headquarters in London, Keytree currently operates within the UK, India and Spain, with smaller divisions located in Australia and Canada. Working with Deloitte, Keytree will extend its reach to work across the firm’s global network.

Keytree’s skills and expertise will bolster Deloitte’s implementations of SAP S/4HANA®, SAP Customer Experience, SAP® SuccessFactors® and SAP Cloud Platform, supporting customers with their key digital transformation strategies, growth and success in the years ahead.

Rob Cullen, partner and leader of Deloitte’s enterprise technology practice, added: “Bringing together Keytree’s market leading capabilities in SAP digital design and innovation with our own will give clients an unrivalled breadth and depth of expertise as they transform the functions at the heart of their businesses. This will significantly boost the ways that we can transform our clients’ digital core operations and the experience of their customers and employees as they continue to adapt to new ways of working. Teams from Deloitte and Keytree have collaborated for a number of years to support clients and I am excited by the prospect of accelerating Keytree’s growth when it becomes a Deloitte business.”

Anne-Marie Malley, managing partner for consulting at Deloitte, concludes: “Our clients are increasingly calling on us to re-imagine their businesses in the digital era. By joining with Keytree, we will bring new possibilities to our client’s digital transformation strategies, enhancing the impact they bring to the market, the products they launch and the experiences of their employees and customers at a global scale. Digital innovation will continue to act as the North Star for our clients’ businesses in years to come, through working together with Keytree we can ensure they are supported by market-leading expertise and capabilities throughout every new digital initiative.”

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