Global Oracle partner Inoapps has announced the acquisition of Pittsburgh-based Oracle services specialist, Tier1.
The acquisition gives Inoapps more capability in the US market, enhancing focus on Oracle on-premises Technology and Applications projects and support services. This supports the demands of customers who want to maximize their return on existing Oracle investments while exploring their journey to the Cloud. Inoapps will also inherit Tier1’s substantial managed services business and private cloud infrastructure.
Inoapps is an Oracle Partner with deep cloud and on-premises expertise. It supports customers with strategic enterprise consulting, managed services, implementations, training, update services, and software products. Inoapps has specialist centers in energy, engineering & construction, higher education, manufacturing, public sector, and professional, business, and financial services.
Inoapps will offer Tier1 customers access to wider Oracle talent who have a deep skill set across the whole Oracle portfolio, ranging from applications to technology infrastructure. By this, customers can improve their return on existing on-premise investments. It will also open opportunities for customers to evolve towards the possibilities and benefits of Oracle Cloud when they are ready.
Andy Bird, CEO of Inoapps said, “Tier1 and Inoapps share many points of similarity that developed a strong cultural fit in terms of customer size, the quality and depth of long-term Oracle expertise brought by our employees, and a strong, complementary industry footprint and focus. This acquisition continues our plans for aggressive growth to become the biggest Oracle-only partner in the world, and we are excited to expand across the US, quickly.”
“We are incredibly excited to become part of the Inoapps family. We will now be able to offer our customers a clear pathway to the latest Oracle innovation and roadmap, backed up by extensive experience and talent. This will drive growth throughout our US operations and enable our customers to make the most of their Oracle investments while preparing for the next stage in their evolution”, said Rob Guidarelli, CEO of Tier1.
In April 2022, Inoapps announced that it has signed an agreement with Boston-based private equity firm, Abry Partners, which has taken a substantial stake in Inoapps, which resulted in them having joint control with Andy Bird. With a new board structure and new capital, Inoapps accelerated its growth throughout North America, Europe, and beyond. Inoapps’ acquisition of Tier 1 is the latest step in this regard. Both parties have not disclosed the financial terms of the acquisition.
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