Deal Announcements

GCS supports Invenio on its merger with SAP specialist LSI Consulting

GCS (formerly GRAPH Strategy) is pleased to have provided Commercial Due Diligence to Invenio Business Solutions in connection with its merger with LSI Consulting, creating one of the world’s leading SAP public sector and digital transformation specialists.

Headquartered in the UK, Invenio is an award-winning SAP consultancy with deep expertise in tax and revenue management, media, and manufacturing. LSI Consulting, based in the United States, is a leading SAP solutions provider to government, healthcare, utilities, and education sectors. Together, the combined business forms the premier global SAP partner for public services, with more than 1,000 employees, a unified end-to-end solutions portfolio, and a presence across North America, Europe, the Middle East, and Asia Pacific.

The merger combines Invenio’s strength in complex tax, revenue, and industry-specific SAP solutions with LSI’s longstanding position in the North American public sector, enabling the new group to deliver greater scale, depth of expertise, and global reach. The business will continue to operate under both brands while integrating operations and leadership across markets.

GCS’s work focused on evaluating LSI’s market positioning, customer base, competitive differentiation, and the combined group’s commercial potential across global public sector digital transformation.

The GCS team on the transaction was led by James Tetherton and Phil Craig.