Budapest – January 7, 2014 — XAPT, a leading global Microsoft Dynamics partner based in Budapest Hungary, with presence throughout Canada, United States and Australia, announced today the acquisition of LLP Dynamics Group. LLP Dynamics Group, a division of LLP Group, is a well-known Microsoft Dynamics partner with locations in the Czech Republic, Slovakia, Romania, Bulgaria and Hungary. Through this acquisition, XAPT strengthens its leadership position as the largest Microsoft ERP provider in the Central and Eastern European regions; capable of delivering powerful and effective business management software solutions.
“The acquisition of LLP Dynamics is of high importance to XAPT, allowing us to expand our position even greater into the Eastern and Central-European region and acquiring complementing solutions and industry knowledge.” – stated Dr. Zoltán Schvarcz, President of XAPT Group.
“We are excited to be merging the knowledge bases of these two prominent companies. LLP Dynamics brings a wealth of niche industry knowledge and several high growth potential markets to the table.” – said Zsolt Ambrus, CEO of XAPT CEE.
“LLP Group is one of the most successful ERP consulting companies of Central Europe. Over a decade ago, we began our Microsoft Dynamics practice which has made us one of the most significant partners in the region; which led to the establishment of LLP Dynamics as an independent company in 2011. When LLP Group made the decision to focus on other products, we began to look for a new home for our Dynamics practice that would reflect our commitment to our customer and our people. We found both in XAPT.“ – stated Adam Bager, previous owner of LLP Dynamics.
LLP Dynamics Group brings 90 employees, over 200 customers and about 4 million euro revenue into the deal. The purchase agreement was signed by the two companies in December 2013, and the acquisition is expected to be completed during the first quarter of 2014. Terms of the transaction were not disclosed.
About LLP Dynamics Group
LLP Dynamics is a division of LLP Group, founded in 1992 in Prague. LLP Group develops, implements and supports international software for a wide range of local and international businesses in Central Europe, Western Europe and North America. LLP Dynamics comprises five companies in Central and Eastern Europe, employing more than 100 staff who provide consulting and support services to hundreds of organisations regionallly and globally.