StepChange Holdings to Join ASX 200 With SAP-Focused ERP Strategy

Highlights

• StepChange Holdings is preparing to close its public offering and debut on the ASX 200, following the acquisition of a key consultancy.

• The merged entity will deliver SAP ERP and digital transformation solutions across Tier-1 sectors.

• Strategic growth underpinned by long-term technology trends including AI, cloud ERP, and managed services.

StepChange Holdings is positioning itself to join the ASX 200, ASX 100, and All Ordinaries through its upcoming market debut, with its public offering closing soon. The listing follows the acquisition of StepChange Consultants, an established player in enterprise resource planning and digital solutions, particularly within the SAP ecosystem.

Integrated SAP-Focused Services Across Industry Pillars

The newly formed company brings a unified service model focused on transformation initiatives for leading enterprises. StepChange Holdings will deliver across four core service areas:

• Technology and Innovation: Tailored SAP implementations, systems integration, and advanced data capabilities

• Leadership and Strategy: Change leadership, strategic planning, and transformation management

• ERP and Applications: Comprehensive SAP functionality spanning technical and operational needs

• Sustainability Affairs Support: Support in aligning digital systems with environmental and governance frameworks

This broad suite reinforces the company’s role as a transformation partner for clients facing operational complexity and shifting regulatory expectations.

Expansion Strategy Backed by Long-Term Demand

StepChange Holdings is set to operate in a high-demand segment. SAP remains one of the most widely adopted platforms globally, supporting the operational backbone of large corporations. The domestic market for SAP services continues to grow, driven by a structural pivot to cloud-based systems, modern user interfaces, and automation-enabled frameworks.

By positioning itself at the center of this transition, StepChange is tapping into a substantial client base in the energy, government, and infrastructure sectors. The company’s credentials in complex transformation projects and sustained client relationships support its goal of scaling its presence under a managed services model.

Leveraging the Cloud Shift with SAP S/4HANA

A pivotal factor in StepChange Holdings’ market positioning is the migration to SAP S/4HANA. As support for legacy SAP platforms is phased out, enterprises across Australia are evaluating cloud-native alternatives. StepChange is equipping organisations with transition strategies, migration roadmaps, and systems integration expertise necessary for a seamless cloud shift.

With over a hundred consultants specialising in SAP, the company is well-prepared to assist both existing and new clients in navigating digital architecture redesigns, compliance demands, and operational upgrades.

Riding the Digital Tailwinds of AI and Automation

StepChange’s offering aligns with national technology trends. Enterprises are increasingly embracing artificial intelligence, automation, and data analytics to enhance resilience and customer experience. Australian business leaders are actively embedding these technologies into core processes, leading to rising demand for domain-specific consultancies.

The growth in IT outsourcing and transformation-as-a-service also positions StepChange favourably. Organisations aiming to improve agility and cost-efficiency are turning to service providers who offer strategic insight and technical execution—StepChange’s primary differentiator.

Strategic Acquisitions to Fuel National Footprint

The company also plans to grow inorganically by targeting firms within Australia’s SAP consultancy network. This strategy aims to build a broader service delivery base, expand regional coverage, and consolidate technical specialisations within the local ecosystem.

With expansion initiatives underpinned by national technology adoption and cloud migration trends, StepChange Holdings is on track to establish itself as a prominent ASX-listed digital transformation group.