Node4 has today announced the acquisition of TNP, a Microsoft Dynamics 365 partner. The terms of the transaction have not been disclosed, but Node4 has said that the acquisition is its largest to date.
TNP has 260 employees and sells, implements and supports business solutions based upon Dynamics 365 Business Central, Power Apps and Power BI. It delivers business systems and support to more than 500 customers, with Gold Microsoft Partner Status across ERP, application development and cloud platform.
The acquisition will see TNP become part of the Node4 Group, with TNP continuing to operate as an individual business unit under the leadership of Paul White, executive chairman, with the support of Paul Wellingham, chief commercial officer, and Ian Humphries, founder and chief architect.
Andrew Gilbert, CEO of Node4 (pictured), explained, “TNP is a hugely impressive organisation, and this acquisition is an important part of our ongoing growth strategy. Everything from its leadership and team to culture and capabilities resonates with the approach we have here at Node4.
“We’re confident that together we can deliver the market-leading end-to-end services that customers are increasingly looking for.”
Paul White, executive chairman of TNP, added, “This announcement is another exciting development in the TNP story. It was clear from the outset that we share a common passion for delivering exceptional service and as part of Node4, we can play a major role in the ongoing growth of the Node4 business and help more customers use technology more effectively to optimise their business processes and improve productivity.”
This transaction is the first since the recent announcement of Providence Equity Partners as Node4’s new principal investor. Node4 was advised by Weil Gotshal, FTI Consulting, and KPMG.