Washington-based Accelalpha, a portfolio company of Century Park Capital Partners, has recently announced taking over Key Performance Ideas (KPI). This transaction would allow Accelalpha to bolster its offerings and deliver comprehensive and integrated Oracle Cloud solutions to the customers.
For the record, KPI serves as a leader in the implementation and management of Oracle Enterprise Performance Management solutions. In line with delivering holistic Oracle Cloud solutions, the acquisition would further strengthen Accelalpha’s multi-pillar Oracle Cloud managed services offering.
It has been speculated that the KPI transaction marks the 5th acquisition by Century Park in the IT services industry and the only second deal for Accelalpha. Moreover, the transaction was considered to be facilitated by IT Exchange Net.
Commenting on the latest acquisition, Century Parks Principal, Tony Trevino cited that the recent deal of KPI represents an exciting step in the former company’s vision of merging specialized Oracle cloud implementers and managed services providers to develop a one-stop solution for the clients across the cloud application landscape.
Mr. Trevino added that the organization is delighted to welcome onboard the team of KPI and is looking forward to continuing its strategy of collaborating with leading Oracle cloud implementation partners.
Meanwhile, Nat Ganesh, CEO of Accelalpha, reportedly quoted that the combination of KPI and Accelalpha will now allow the firms to operate as a single entity that boasts the ability to integrate, manage, and implement all Oracle cloud applications and deliver these to customers.
On the other hand, Founder and CEO at KPI, Nate Coate announced that merging KPI with Accelalpha offers an exceptional opportunity to the company to expand its services and help the clients more than ever.
Nate further mentioned that both the companies are deemed to be a great fit, both culturally and strategically. Additionally, KPI is expected to remain deeply committed to offering service excellence to its customers globally.