AMERI Holdings, Inc. (OTCQB: AMRH), today announced the acquisition of DC&M Partners, L.L.C., a SAP consulting and management firm specializing in providing a wide range of SAP development, implementation, consultancy and management services. This acquisition is part of Ameri100's strategy to complete multiple acquisitions this year as it expects to grow beyond previously projected revenue of $40 million for 2016.
DC&M, founded in 2000 and based in Phoenix, Arizona, will strengthen Ameri100's SAP-based service capabilities and presence in the U.S. market. "We are excited about this acquisition of DC&M. DC&M is well known as a high-end SAP consulting firm, and the combination of DC&M and Ameri100 will allow us to better serve all our combined customers worldwide," said Giri Devanur, President and Chief Executive Officer of Ameri100.
Frits Huijskens, former Managing Partner at DC&M and now its co-Executive Vice President, commented that, "DC&M has been able to establish itself as a prominent player in the SAP consulting market. This combination will bring to both DC&M and Ameri100 customers expanded skills and a deep knowledge base that leverages Ameri100's global partner network and capabilities."
With this acquisition of DC&M, Ameri100 continues to demonstrate the Company's commitment to strengthening its capabilities in SAP services and premium consulting to transform businesses through strategic growth. Ameri100, through both organic growth and strategic acquisitions, expects to achieve a revenue run-rate of $100 million by the end of 2017.
About AMERI Holdings, Inc.
AMERI Holdings, Inc. is a SAP-based strategy consulting firm that brings synergies of classic consulting and product-based consulting services to its customer base. Headquartered in Princeton, New Jersey with offices inNew York, Atlanta, Dallas, and Toronto, as well as offshore centers in Bangalore, Mumbai and Chennai India, the Company is a global leader in consulting and technology solutions. Ameri100 is a Lean Enterprise Architecture Partner (LEAP), enabling clients to outperform the competition and stay ahead of the innovation curve. The Company leverages a global partner ecosystem that has deep knowledge and skills to build and implement great ideas that drive progress for clients and enhance their businesses through innovative solutions. For further information, visit www.ameri100.com.
About DC&M Partners LLC
DC&M Partners, L.L.C. provides its clients with a wide range of information technology development, consultancy, and management services with an emphasis on the design, build and rollout of SAP implementations and related products. Headquartered in Phoenix, Arizona, DC&M prides itself on the high quality and experience of its consultants and the timeliness with which it delivers solutions. DC&M is also a SAP-certified software partner, having launched its SAP reporting, extraction and distribution tool called "IRIS." For further information, visit www.dcm-partners.com.
