Unikomm's Acquisition by Plat4mation Marks a Milestone for Digital Transformation in the Gulf

Unikomm's Acquisition by Plat4mation: A New Era in Digital Transformation

In a significant move poised to reshape the digital landscape of the Gulf region, Unikomm, a prominent ServiceNow Elite Partner, has been acquired by Plat4mation, a global business transformation partner. This acquisition, facilitated by Tequity, marks a pivotal chapter for Unikomm as it seeks to enhance its market presence and operational capabilities.

Unikomm: A Leader in the Gulf's ServiceNow Ecosystem

Founded in 2008 and headquartered in Riyadh, Unikomm has been instrumental in revolutionizing IT and business operations within the Gulf's ServiceNow ecosystem. As the first certified ServiceNow partner in Saudi Arabia, Unikomm boasts a rich portfolio of over 75 top-tier clients, including numerous companies listed among the nation’s top 100. With a team of more than 165 certified professionals, Unikomm excels in various domains, including IT Service Management (ITSM), Governance, Risk, and Compliance (GRC), customer service management, and enterprise automation.

This acquisition comes at a crucial juncture, coinciding with Saudi Arabia's Vision 2030 initiative, which emphasizes the need for enhanced enterprise automation amid rapid digital transformation. Unikomm's CEO, Yasser Abdullah, articulated the importance of this deal: "This acquisition is a major milestone for the Saudi IT market. By merging our regional strengths with Plat4mation's global expertise, we aim to deliver state-of-the-art ServiceNow solutions to businesses in Saudi Arabia, enabling them to innovate, scale, and compete on a global stage."

Plat4mation: A Global Powerhouse

Founded in 2013 and headquartered in Utrecht, the Netherlands, Plat4mation serves over 200 blue-chip clients across various sectors. With a workforce of more than 450 employees and operational reach across 10 international offices, Plat4mation is recognized for its leadership in platform innovations, notably in generative AI and enterprise application development. The firm’s commitment to leveraging cutting-edge technology positions it as a formidable player in the digital transformation landscape.

Plat4mation's CEO, Elmer de Valk, emphasized the potential synergy between the two companies: "Saudi Arabia is rapidly emerging as a global technology hub. Businesses here are in search of reliable partners to stimulate innovation. Combining Unikomm's strong local network with our global insights allows us to provide best-in-class ServiceNow solutions, paving the way for a transformative business environment in the Gulf."

The Role of Tequity

Tequity, as the exclusive financial advisor for Unikomm, played an essential role in this acquisition process. With extensive experience in executing merger and acquisition strategies across the enterprise B2B SaaS sector, Tequity helped facilitate this pivotal transaction through its deep understanding of the ServiceNow ecosystem and cross-border M&A landscape.

Yasser Abdullah expressed gratitude toward Tequity, stating, "I sincerely thank the Tequity team for their strategic guidance and unwavering support throughout this pivotal transaction. Their expertise was instrumental in achieving this successful outcome with Plat4mation."

Alex Mackay, President and Co-founder of Tequity, noted, "Unikomm exemplifies a forward-thinking, growth-oriented company that we are proud to represent. Their innovative leadership in the Saudi tech space, paired with an unwavering dedication to their clients, truly differentiates them from contemporaries. We are excited to have facilitated their positioning for continued, exponential growth on the global stage."

Looking Ahead

This acquisition not only enhances Unikomm’s capabilities but also underscores the potential of the Gulf region as a technology innovation hub. By integrating regional strengths and global expertise, this union is set to elevate the standard of digital transformation services throughout the area.

As the region continues to embrace the technological advancements heralded by Saudi Arabia's Vision 2030, the opportunity for companies like Unikomm and Plat4mation to shape the future of enterprise automation has never been greater. Tequity remains committed to facilitating successful M&A transactions that maximize value and foster long-term success for its clients, paving the way for further innovation in the enterprise technology landscape.