DyFlex increases SAP capabilities with Bluetree Solutions acquisition

SAP partner DyFlex Solutions, backed by private equity firm Five V Capital, has acquired local SAP partner Bluetree Solutions to further its SAP capabilities. 

The acquisition follows Perth-based DyFlex Solutions entering a strategic partnership with Five V Capital to accelerate growth locally and across Asia, creating an opportunity to acquire a willing SAP partner in February. 

At the time, DyFlex chief financial officer Angus Knapp said it was looking to partner with “high-quality SAP consultancies that want to take their business to the next level”. 

In an interview with ARN in April, DyFlex co-CEO Jason Heaney said, “Part of our growth strategy was to get an investment partner to enable us to accelerate that growth and get more customers, more reach, more geographies.”  

DyFlex stated the combined brands and identity were already closely aligned, and the teams are already working closely to coordinate services, systems, and support. 

The combined business will have over 270 employees and is on track to surpass 300 by the end of the year.  

What drew DyFlex to Bluetree was the shared commitment to customer success in enterprise-grade outcomes with the agility and care of a specialist partner. 

The partnership will be strengthening the ability to support customers across the full SAP stack – including core S/4HANA, SuccessFactors and advanced analytics – with a strong and growing presence across both Australia and New Zealand. 

Bluetree’s deep expertise in SAP Datasphere and SAP Analytics Cloud complements DyFlex’s delivery capabilities. This will improve the Perth-based SAP partner’s capabilities and support its adaptation as SAP’s Business Data Cloud evolves. It will also contribute to its technical preparedness for AI. 

In April, Heaney said the partner was looking to acquire new customers “all down the … size pyramid and get them on Cloud ERP in the first instance”. 

“We’re heavily invested in trying to bring new customers to the SAP platform on Cloud ERP,” he explained. “For us to grow our business, [we] need to bring in the new customers … that is stream one; stream two is this large installed base they also need to move to the cloud.”