Kainos Group plc Acquisition (2993K)

TIDMKNOS

RNS Number : 2993K

Kainos Group plc

01 September 2021

1 September 2021

Kainos Group plc

("Kainos" or the "Company")

Kainos Expands Its Americas Workday Operations

Kainos Group plc (KNOS), a leading digital technology company and Workday Inc. (NASDAQ:WDAY) Services Partner, operating in two specialist divisions, Digital Services and its Workday Practice, today announces the acquisition of UNE Consulting SRL and UNE Consulting LLC ("UNE").

Kainos and UNE have been working on joint Workday projects since 2019 and the acquisition builds on this successful relationship. UNE was founded in 2011 in Buenos Aires, Argentina and offers deep expertise in the full range of Workday services, including Workday Financial Management and Workday Human Capital Management .

UNE has an experienced team of 42 consultants who are working across multiple international projects in the Americas, as well as Europe and Asia.

The acquisition is Kainos' fifth in the Workday partner ecosystem and the second in the Americas, after the acquisition of IntuitiveTEK, based in Denver, Colorado, in 2020. The acquisition adds to Kainos' growing presence in the region, whilst enhancing the Company's ability to bring value to its customers. Kainos will be acquiring the whole UNE business.

The terms of the acquisition have not been disclosed.

Brendan Mooney, CEO, commented:

"We are delighted to welcome the UNE team to Kainos as we continue to grow our global Workday practice - UNE's values of innovation, trust and commitment deeply align with our own. We look forward to working closely with our new colleagues, who have a wealth of experience serving customers across the globe."

Ends

For further information, please contact:

Kainos via FTI Consulting LLP

Brendan Mooney, Chief Executive Officer

Richard McCann, Chief Financial Officer

   Investec Bank plc         [phone] 

Patrick Robb / Ben Griffiths

   Canaccord Genuity     [phone] 

Simon Bridges / Andrew Potts

   FTI Consulting LLP          [phone] 

Matt Dixon / Dwight Burden / Kwaku Aning

About Kainos

At Kainos we use technology to solve real problems for our customers, overcome big challenges for businesses, and make people's lives easier.

We build strong relationships with our customers and go beyond to change the way they work today and the impact they have tomorrow.

Our two specialist business areas, Digital Services and the Workday Practice, work globally for clients across healthcare, commercial and the public sector to make the world a little bit better, day by day.

Kainos has over 2,000 people across Europe and North America. Kainos is listed on the London Stock Exchange (LSE: KNOS).

For further information, please visit www.kainos.com .

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September 01, 2021 02:00 ET (06:00 GMT)