Inplenion International AG Acquired Circle i, a Market Leader in South Africa for Business Analytics

Zug, Switzerland, January 09, 2017 --( Inplenion International AG, a leading provider of business consulting services and Oracle Platinum Partner headquartered in Switzerland, acquires Circle i - Consult Proprietary Ltd in South Africa. The transaction was completed on December 23, 2016. This creates a fast-growing international advisory, software implementation and management service company with more than 130 employees. It also results in one of the largest Oracle EPM and Business Analytics practice Worldwide.

Circle i - Consult Proprietary Ltd that is headquartered in Cape Town and is an Oracle Gold Partner that helps CFO offices to automate and streamline their financial processes and reporting needs. It is a leading CFO services provider in South Africa, with expertise on Enterprise performance Management and Business Intelligence advisory.

"The acquisition of Circle i - Consult Proprietary Ltd is in line with Inplenion’s Strategic Plan, to expand its operations in Africa. Inplenion gains through its full integration an appealing customer base and outstanding Business Analytics knowledge, both from a functional and technical expertise. At the same time, we considerably strengthen our presence in Africa, with a second office before further expansion. It is another step in the successful development of Inplenion and we will continue to strengthen our position in all markets where we operate. I'm looking forward to the new opportunities offered to us with this acquisition and welcome the team of Circle i - Consult Proprietary Ltd into Inplenion," states Inplenion CEO Jann Tadorian.

Henk van der Merwe, current chairman of the board of Circle i - Consult Proprietary Ltd, expects that the market position of Circle i will be strengthened: "After the evaluation of different options we are convinced that Circle i will continue to extend its leading position in South Africa, southern, central and western Africa through the integration into Inplenion and thereby through bundling of our forces and the use of synergies."

About Inplenion International
Inplenion is an international professional services firm focused on supporting clients in diverse industries upon their requirements around Performance Management (EPM), CFO advisory, strategy management, Enterprise Resource Planning (ERP) and business analytics(BI) with dedicated and high-value solutions. Industry leading companies around the world trust in Inplenion’s functional know how and technical expertise to link their corporate, finance and IT related needs and improve their performance.
Benoit Rochegude
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