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GP Strategies to Acquire Hula Partners

GP Strategies to Acquire Hula Partners

GP Strategies to Acquire Hula Partners

Global performance improvement solutions provider, GP Strategies Corporation announced that it has signed a definitive agreement, subject to closing conditions, to acquire certain assets and the business of Hula Partners, a provider of SAP SuccessFactors Human Capital Management (HCM) implementation services.

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Hula Partners highlights:

-Founded in 2012 and headquartered in Houston, Texas

-Delivers the full life cycle of HCM solutions from planning to implementation and support

-Diverse customer base including energy, technology, pharmaceutical, utilities and other commercial clients

-SAP SuccessFactors Gold Partner, based on customer satisfaction and feedback

-Estimated revenues of approximately $7 million expected in 2017

“Hula brings deep complementary core HR technical and functional expertise to the existing GP Strategies SAP SuccessFactors team,” stated Bill Finegan, Vice President, Enterprise Technology Solutions, of GP Strategies. “Hula’s core HR migrations involve large multi-year projects, allowing for cross-selling opportunities to our existing client base as well as recurring revenue opportunities for SuccessFactors support and optimization services. Upon closing, we believe that GP Strategies will be one of the most credentialed and experienced SAP SuccessFactors implementation partner in the world.”

“The opportunity to combine with GP Strategies to create a truly global, full service SAP SuccessFactors consulting practice is extremely exciting,” said John Plusquellec, Managing Partner at Hula Partners. “We have found GP and Hula to be very closely aligned with respect to delivering high quality services for all our customers. We can now offer our customers expanded certified consulting capability that delivers the best and most successful project experience across the globe.”

Hula Partners talent management platform, Kahuna, revolutionizes the way organizations plan, manage, and develop their talent through competency-based strategies, and after five years of solid growth the time has come to separate their Kahuna Technology Platform from the SAP SuccessFactors Consulting practice.

Kahuna, the comprehensive competency-based Talent Management solution is now available as its own platform.

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