KPMG to acquire Think180

KPMG Australia has announced it will acquire SAP asset work and project specialist Think180. Acquisition of the Adelaide-based company will see Think180’s 30+ staff added to KPMG’s existing SAP specialist team and strengthening its capabilities.

“SAP is a world leader in business technology and KPMG is investing heavily in growing our offerings in this space,” said KPMG Australia CEO Andrew Yates.

“By combining KPMG’s capabilities alongside Think180’s, we are creating one of the leading SAP intelligent and enterprise asset management specialist teams in Australia. This acquisition underlines the firm’s commitment to technology transformation capability and merging expert capabilities with a ‘whole of business’ mindset to support our clients.”

Think180 was founded in 2007 and has built a stable of clients across the energy, mining, and construction sectors throughout Australia, using SAP technology to drive new insights and new thinking, and improving investment in asset management.

“Having built a long history delivering SAP solutions that transform business processes, realise more from existing SAP investments, and utilise the latest technologies — joining KPMG represents a unique opportunity for us to ‘level up’ and expand our reach and impact,” said Think180 CEO John Schultz.

“KPMG shares our ambition to create a world-leading SAP solutions business right here in Australia. By merging our teams and linking in with the depth and breadth of business, technology and compliance expertise within KPMG — we are taking a massive step on this journey.”

Think180 co-founders John Schultz and Stephen Silver will join KPMG as Partners, with their co-founder Peter Butler to join as a Principal Director. They will bring with them teams located across Adelaide, Brisbane, Sydney and Melbourne, and will become part of KPMG’s existing SAP technology team, headed by Partner, Pauline Doherty.

“The acquisition of Think180 reflects KPMG’s commitment to providing industry-leading SAP services to meet the needs of the Australian market,” Doherty said.

“Think180 has already established itself as a leading player in the assets and works space. We are excited to add their expertise to our existing team and further enhance KPMG’s unique, business-oriented approach to SAP implementations.”

The Think180 business will become part of KPMG later this year, subject to successful completion of the acquisition. Commercial terms were not disclosed.

Image caption (L to R): Rowan Roberts — MC Partner and Geographic Lead for South Australia; Stephen Silver — Think180 Co-founder & Business Development Director, future KPMG Partner; Pauline Doherty — KPMG Partner, National SAP Practice Leader; Peter Butler — Think180 Co-founder & Finance Director, future KPMG Principal Director; John Schultz — Think180 Co-founder, Director & Chief Executive Officer, future KPMG Partner. Image: Supplied