Case Study: Solganick Advises Hula Partners in Acquisition by GP Strategies

GP Strategies has acquired Hula Partners

Hula Partners is a provider of SAP SuccessFactors Human Capital Management (HCM) implementation services.

has acquired
    GP Strategies

    What is the press release about GP Strategies' acquisition of Hula Partners?

    On December 20, 2017, GP Strategies Corporation announced its definitive agreement to acquire Hula Partners, a provider of SAP SuccessFactors Human Capital Management (HCM) implementation services. Solganick & Co. was the exclusive sell-side M&A advisor to Hula Partners. This acquisition aims to strengthen GP Strategies’ ability to deliver comprehensive HCM services globally. The transaction was expected to close on January 2, 2018. Hula Partners, founded in 2012 and headquartered in Houston, Texas, delivers full life cycle HCM solutions and is an SAP SuccessFactors Gold Partner. Bill Finegan of GP Strategies highlighted Hula's complementary core HR expertise, while John Plusquellec of Hula Partners expressed excitement about combining to create a global SAP SuccessFactors consulting practice. GP Strategies Corporation (NYSE: GPX) is a global performance improvement solutions provider of training, eLearning solutions, management consulting and engineering services. This press release also contains forward-looking statements regarding future events and results.
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    What are the key details about Hula Partners and its services?

    “The opportunity to combine with GP Strategies to create a truly global, full service SAP SuccessFactors consulting practice is extremely exciting,” said John Plusquellec, Managing Partner at Hula Partners. “We have found GP and Hula to be very closely aligned with respect to delivering high quality services for all our customers. We can now offer our customers expanded certified consulting capability that delivers the best and most successful project experience across the globe.”

    • Founded in 2012 and headquartered in Houston, Texas
    • Delivers the full life cycle of HCM consulting solutions from planning to implementation and support
    • Diverse customer base including energy, technology, pharmaceutical, utilities and other commercial clients
    • SAP SuccessFactors Gold Partner, based on customer satisfaction and feedback

     

    Solganick was the exclusive M&A advisor to Hula Partners.

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