EY announced that LogiStar Solutions, a leading provider of SAP Supply Chain Execution (SCE) services, has signed an agreement for all of its operations to join EY member firms in the U.S., Canada and Mexico. LogiStar works with companies to help them align their critical business processes and strategies to create competitive advantage through increased operational efficiencies, reduced supply chain operations costs, improved quality and speed to market.

The closing of the transaction is subject to the fulfillment of certain conditions, but would be expected to be completed in the next 30 days, EY says. Financial terms of the agreement were not disclosed.

"LogiStar's renowned supply chain execution capabilities can help EY expand its own services and offer clients additional warehouse management and distribution network optimization offerings," says Geoff Vickrey, a principal with Ernst & Young LLP and the EY Americas IT Advisory leader. "This transaction is just the latest example of EY's commitment to offering greater value and the most advanced technology services available to our clients. We are very pleased to welcome these highly talented professionals to EY."

This acquisition will further strengthen the Advisory Services practice of Ernst & Young LLP, which provides performance improvement, technology enablement, risk consulting and business transformation services, Vickrey says.

"With our combined skills and experience, EY will be able to offer complete end-to-end supply chain implementation capabilities enabling business transformation," said Brian Thorn, president of LogiStar. "Together, we will be better equipped to deliver more supply chain transformation and improvement programs to clients in key industries, such as consumer products and retail. We are excited to be part of EY and can serve our clients on a global basis."

NOT FOR REPRINT

© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.