Stoneridge Software has recently completed the acquisition of TEAM Technology, a well-established Microsoft Dynamics partner known for its nearly three-decade track record in implementing Dynamics NAV and Dynamics 365 Business Central solutions for small and medium-sized enterprises. The acquisition, which officially transpired on March 1, 2025, marks a significant move by Stoneridge Software to solidify its standing as a key player in the Dynamics realm, particularly within the mid-market segment.
TEAM Technology’s expertise and experience in working with clients to deploy Dynamics solutions have been a driving force behind this strategic acquisition. By integrating TEAM Technology into its operations, Stoneridge Software aims to bolster its Business Central consulting services, thereby enhancing its ability to cater to the evolving needs of its clientele. As part of the deal, eight TEAM Technology employees have joined the Stoneridge team, bringing with them a wealth of knowledge and skills that will further enrich the company’s service offerings.
In a statement regarding the acquisition, Steve Olp, the CEO of TEAM Technology, emphasized the shared values and vision that underpin this merger. He highlighted TEAM Technology’s commitment to client success and employee well-being, noting that joining forces with Stoneridge Software presents a natural progression in fulfilling these core principles. By aligning priorities and resources, the merger is poised to create new avenues for professional growth for TEAM Technology staff while ensuring continued exceptional service for clients.
Echoing Olp’s sentiments, Eric Newell, CEO of Stoneridge Software, underscored the strategic significance of the acquisition in fortifying the company’s expertise in Business Central consulting. He expressed confidence that the combined strengths of the two entities will enable Stoneridge Software to deliver even more specialized and impactful technology solutions tailored to the unique requirements of mid-market enterprises. This move reflects Stoneridge Software’s ongoing commitment to empowering businesses through innovative technology solutions that drive growth and efficiency.
The acquisition of TEAM Technology not only expands Stoneridge Software’s service capabilities but also signifies a broader trend in the technology sector where strategic partnerships and acquisitions play a pivotal role in driving industry growth and innovation. As businesses increasingly rely on technology to streamline operations and enhance competitiveness, collaborations between industry players are becoming instrumental in shaping the future landscape of digital transformation.
In conclusion, Stoneridge Software’s acquisition of TEAM Technology marks a significant milestone in the company’s journey to enhance its Dynamics partner status and amplify its impact in the mid-market segment. By leveraging the complementary strengths of both entities, Stoneridge Software is poised to deliver enhanced value to its clients and further establish itself as a leading provider of innovative business technology solutions tailored to the evolving needs of modern enterprises.
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