Stoneridge Software acquires TEAM Technology

Stoneridge Software announced the acquisition of TEAM Technology, a long-standing Microsoft Dynamics partner. For almost 30 years, TEAM Technology worked with customers to implement Dynamics NAV and Dynamics 365 Business Central for small- and mid-sized businesses. The acquisition took effect on March 1, 2025.

The acquisition is intended to strengthen Stoneridge Software’s position as a Dynamics partner, particularly in the mid-market. It is aimed at expanding Stoneridge’s Business Central consulting practice and will add eight employees to the Stoneridge team. 

“TEAM is in our name for a reason,” said Steve Olp, CEO of TEAM Technology, in a statement. “We’ve always strived to help the client win. We also believe in taking care of our employees and giving them opportunities for growth. Merging with Stoneridge will give our team more opportunities to broaden their skill sets and continue to care for our clients. Seeing the way our priorities aligned, merging with Stoneridge felt like the right fit.”

“This acquisition strengthens our Business Central consulting practice and allows us to offer even more specialized knowledge to our clients. Together, we’ll continue to drive impactful business technology solutions that help mid-market companies thrive,” said Eric Newell, CEO of Stoneridge Software, in a statement.