Accelapha, which is backed by Century Park Capital Partners, has acquired Key Performance Ideas, a managed services and IT consulting firm. No financial terms were disclosed.
BELLEVUE, Wash.–(BUSINESS WIRE)–Accelalpha, a portfolio company of Century Park Capital Partners, announced that it has completed its acquisition of Key Performance Ideas (KPI), a leader in the implementation and management of Oracle Enterprise Performance Management (EPM) solutions. This is an important step in Accelalpha’s undertaking to expand its capabilities to deliver comprehensive, holistic, and integrated Oracle Cloud solutions. The acquisition also strengthens Accelalpha’s multi-pillar Oracle Cloud managed services offering.
Founded in 2005, KPI has focused almost exclusively on Oracle’s EPM product suite since its inception. KPI provides both implementation expertise and ongoing managed services to Fortune 500 and leading middle-market companies across various industries. Nat Ganesh, Accelalpha CEO, commented, “With the combination of Accelalpha and KPI, we become an organization that can implement, integrate and manage all of the Oracle cloud applications and deliver the comprehensive solutions our customers want and need.”
“Merging KPI with Accelalpha provides an exceptional opportunity for us to expand our services and help our customers more than ever,” commented Nate Coate, Founder and CEO at KPI. “The two companies are a great fit, both strategically and culturally, and we remain deeply committed to delivering service excellence to customers across the globe.”
The KPI transaction marks the fifth acquisition by Century Park in the IT services industry and the second acquisition for Accelalpha. Tony Trevino, Principal at Century Park, concluded “The acquisition of KPI represents an exciting step in our vision of combining specialized Oracle cloud implementers and managed services providers to build a differentiated, one-stop solution for customers across the Oracle cloud application landscape. We’re excited to welcome KPI to the Accelalpha family and look forward to continuing our strategy of partnering with other leading Oracle cloud implementation partners.”
The transaction was facilitated by IT ExchangeNet.
About Accelalpha: Founded in 2009, Accelalpha is a premier Business and IT consulting firm providing services across a breadth of industries including retail, high tech, industrial manufacturing, financial services, aerospace, and defense. The Company is an ‘Oracle Cloud Excellence’ partner with a primary focus on providing end-to-end enterprise solutions leveraging Oracle ERP, EPM, OTM, GTM, CX and WMS software. Accelalpha is recognized for its rigorous, results-oriented approach in deployment of solutions that deliver tangible results in a short time frame. Accelalpha is recognized by Fortune as a best small and medium workplace and certified as a great place to work. For more information on Accelalpha, please visit www.accelalpha.com.
About KPI: Established in 2005, KPI is a premier managed services and IT consulting firm providing support across a breadth of industries including consulting, distribution, education, entertainment, financial services, health care, high tech, insurance, manufacturing, real estate, and utilities. The company is an Oracle Partner with primary focus on the Enterprise Performance Management suite of products. For more information on KPI, please visit www.keyperformanceideas.com.
About Century Park: Century Park Capital Partners is a Los Angeles-based private equity group established in 2000 that invests in family businesses, owner-operated firms and corporate divestitures with the purpose of accelerating growth and transforming these companies into leading industry players. We specialize in acquiring strategically well-positioned yet under-resourced middle market companies with identifiable potential for value creation. We leverage the domain expertise of the Century Park Executive Council to work with management to implement a value creation blueprint for our portfolio companies. We further support our investments with proven operational and best practice initiatives, led by our Operating Team, including buy-and-build acquisition integration programs and infrastructure additions. For more information on Century Park, please visit www.centuryparkcapital.com.