Kainos (LSE:KNOS) Group PLC said it acquired US-based Blackline Group, a fellow provider of Workday finance and human resources services.
Blackline, which was established in 2009, helps companies overcome critical procurement challenges and has assisted some large firms transform over US$100bn in total spend.
Kainos (LSE:KNOS), an IT services company, said it will benefit by enhancing its North American and European presence by adding Blackline’s 50-plus management and procurement consultants, to support the expansion of its Workday capabilities and client base.
"The procurement expertise of our new colleagues, paired with our deep experience with Workday, will allow us to expand the support that we can provide our existing customers, not just in North America, but across our global operations,” said chief executive Brendan Mooney.
Kainos did not disclose the terms of the deal, which is its sixth amongst the Workday partner ecosystem and the third in North America after the acquisition of IntuitiveTEK and UNE Consulting.