The acquisition is Node4’s largest to-date and the first since the recent announcement of Providence Equity Partners as its new principal investor. The terms of the transaction were not disclosed.
TNP sells, implements and supports business solutions based upon Dynamics 365 Business Central, Power Apps and Power BI. TNP is the largest pure-play Microsoft partner in the UK in this market segment and brings a wide range of complementary skills to the Node4 portfolio. Delivering business systems and support to more than 500 customers, TNP’s track record, skillset and experience will significantly enhance Node4’s end-to-end managed services portfolio. With Gold Microsoft Partner Status across ERP, Application Development and Cloud Platform, and additional Microsoft certifications including Small and Mid-Market Cloud Solutions, Data Analytics and Application Integration, the TNP team has delivered industry-leading services and support and exceptional financial performance via a long-standing customer base generating high levels of recurring revenue.
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, Chief Executive Officer, with the support of Paul Wellingham, Chief Commercial Officer, and Ian Humphries, Founder and Chief Architect, along with TNP’s 260 staff and highly skilled consultants. TNP will benefit from access to Node4’s wider portfolio of cloud-based infrastructure services and industry-leading support, while significantly enhancing Node4’s ability to deliver Microsoft-based business applications services.
From healthcare providers who need to deliver critical care faster and insurers who must provide secure digital services to housing associations bringing self-service applications to their tenants’ fingertips, businesses rely on Node4 to deliver mission-critical IT around the clock. The acquisition of TNP expands Node4’s capabilities into the large and addressable ERP market, which Node4 estimates will exceed £2 billion in value by 2024, underpinned by ERP penetration, continued cloud migration and supportive vendor strategies. Together, Node4 and TNP will provide an integrated, end-to-end customer experience, with cloud-led solutions that improve productivity and increase agility for new and existing customers.