June 5, 2026 – Solganick has published its latest mergers and acquisitions update on the SAP ecosystem. The report includes recent SAP acquisitions, and recent SAP systems integrators (consulting partners) transactions.
You can review the full report here:
SAP Mergers Update YTD 2026 Solganick
SAP has accelerated its M&A strategy from H2 2025 to YTD 2026, deploying $2B+ in capital to build a comprehensive enterprise AI data platform. SAP has executed a deliberate three-pronged strategy: (1) master data & lakehouse foundation via Reltio and Dremio, (2) frontier AI research capability through Prior Labs, and (3) ongoing consolidation of the SAP consulting partner ecosystem. This consolidation materially expands SAP’s total addressable market, raises competitive barriers against Oracle, Salesforce, and Databricks, and signals SAP’s ambition to become the definitive AI-first enterprise platform. The SAP consulting ecosystem remains highly active — demand for certified Systems Integrators continues to outstrip supply, sustaining M&A multiples of 2–4× revenue, and 12x – 20x EBITDA for established and larger companies.
SAP Strategic Insights:
- SAP’s “AI-First, Suite-First” Strategy Is Accelerating
- Open Data Standards Position SAP Against Snowflake & Databricks
- SAP SI Partner Multiples Remain Elevated
- RISE with SAP & Agentic AI Create Durable Demand for Specialist Systems Integrators
- SAP Will Not Acquire Consulting Capacity
- IBM acquired Cognitus, October 2025
- Capgemini acquired Cloud4C, November 2025; acquired WNS Holdings in July 2025; acquired Syniti in December 2024
- Accenture acquired Faculty AI, January 2026
- IBM acquired AST in November 2025
You can reveiew the complete report here:
SAP Mergers Update YTD 2026 Solganick
About Solganick
Solganick has completed 6 SAP partner M&A transactions. We are a data-driven M&A advisory firm and investment bank focused exclusively on software and technology services companies.
For more information, please contact us.