All for One Steeb AG to Acquire SAP SuccessFactors Specialist TalentChamp: Enhanced Cloud DNA to Fully Explore Digital Value Creation Potential of HR Department

Acquisition of all the shareholdings in TalentChamp / Focus on Human Capital Management / With All for One Steeb subsidiary KWP INSIDE HR and TalentChamp the go-to partner for digital HR transformation / Customers to benefit from end-to-end HR transformation, business process and technology know-how / Market leadership in the SAP Cloud HR market in countries where German is spoken

Filderstadt, 10 Dec 2018 - With its subsidiary KWP INSIDE HR GmbH, Heilbronn, leading HR and HR IT full service provider, All for One Steeb AG is the go-to partner for digital HR transformation. Regarding this position, All for One Steeb is aiming to fully explore the potential of digital value creation of the HR line of business. Therefore talent management is receiving more and more attention. To take this trend into account, All for One Steeb AG will be acquiring with effect from 1 January 2019 all of the shareholdings in TalentChamp Consulting GmbH, Vienna, its subsidiary TalentChamp Consulting (Deutschland) GmbH, Munich, included.

Established in 2001, the company today is a recognised talent management and cloud specialist in Germany, Austria and Switzerland (the so-called DACH region). The business model is focussing on implementation projects for upper midmarket and large accounts, »ready-to-use« solution packages covering preconfigured modules of SAP SuccessFactors with comprehensive support on a fixed-price basis, for which TalentChamp was recognised with an HR Innovation Award 2017 (category: »HR Services & Operations«). With its 35 certified employees this SAP SuccessFactors specialist is providing more than 100 upper midmarket and large accounts customers with comprehensive talent management know-how.

While Michael Repnik, one of TalentChamp's founders and shareholders, will be concentrating on managing the LearnChamp Consulting GmbH, which continues to be independent, Christoph Gerhold, also TalentChamp co-founder and shareholder, will remain with the company as managing director following the acquisition, to push the business forward together with Kai Göttmann, spokesman of the management of KWP INSIDE HR.

»We're setting a strategic course for the future with this transaction. Together, All for One Steeb and KWP serve the largest SAP HR customer base in Germany. Our joint potential is enormous in light of how most businesses have yet to even begin moving to the cloud. We've been working with KWP on selected client projects within cross-business-unit teams since 2016 and supporting one other in winning new customers. The spirit is great and the results are outstanding«, explained Gerhold.

»TalentChamp has cloud DNA, which means that KWP and TalentChamp complement each other superbly when it comes to customers and service portfolios. Collectively, the two companies offer both new and existing customers significant added value for their digital HR transformation with the most extensive HR process and technology expertise for SAP solutions in conjunction with an array of HR best practices specially designed for the midmarket sector«, Göttmann underlines the customer's benefits. »This strategic acquisition will help us to strengthen our leadership position within the SAP Cloud HR market in countries where German is spoken, and will be supporting our customers end-to-end to fully explore the digital growth potential within the HR Line of business«, added Göttmann.

About All for One Steeb
All for One Steeb AG (ISIN DE0005110001) is a leading IT services and consulting provider and sought-after partner for digitalisation in the midmarket. The full-service provider's portfolio comprises end-to-end services and solutions across the entire IT value chain, from management and technology consulting, SAP industry solutions and cloud applications up to highly scalable multi-cloud services out of German data centers, where All for One Steeb is orchestrating highly available IT operations for all business-related IT systems - including SAP as well as Microsoft. This is why market observers also rank All for One Steeb as the number 1 in the German-speaking SAP market amongst the leading IT service providers for Cloud Transformation, SAP HANA and SAP S/4HANA, Business Analytics and Performance Management, Human Capital Management, Customer Engagement & Commerce, Application Management Services or Communications and Collaboration. As an SAP Platinum Partner, All for One Steeb is a reliable general contractor and serves with more than 1,600 employees over 2,000 clients in Germany, Austria and Switzerland, mainly among the manufacturing and consumer goods industry. As a founding member of United VARs, the largest global network of leading SAP partners, All for One Steeb guarantees a comprehensive consulting and service portfolio as well as the best local support in some 90 countries. In the financial year 2017/18, All for One Steeb AG achieved a turnover of EUR 332.4 million. The company is listed in the Prime Standard segment of the Frankfurt Stock Exchange.

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