Steadfast Partners for Entrepreneurs in Information Technology

We provide entrepreneurs, business owners, and business operators in Information Technology with mergers & acquisitions (M&A) advisory services and agented private capital financing services to help acquire, grow, capitalize, or monetize their businesses.

Accelatis Sells to Datavail

Enabled founding team obtain attractive liquidity event

Has been acquired by

Accelatis key APM offerings include:

Infrastructure management
Application monitoring
Performance testing and optimization
Process automation
System health checks

Transaction Overview
  • On July 11, 2017 Datavail Corporation announced its acquisition of Accelatis LLC
  • Accelatis was founded by Jonathan Berry in 2008; they provide a comprehensive application performance management (APM) software platform
  • Datavail is one of the largest database managed services providers in North America and is rapidly expanding into ERP managed services
Significance of the Transaction
  • Accelatis’s cloud-enabled software is the leading Oracle EPM services monitoring tool, currently being use by several Fortune500 clients
  • The APM technology is platform agnostic and also supports IBM Cognos, Microsoft Dynamics, and more
  • 3 months prior, Datavail had just acquired AdvancedEPM, a leading Oracle EPM services firm, to bolster its strategy of offering a full end-to-end, application to database offering for the Oracle EPM stack
  • This follow on acquisition of Accelatis enables Datavail to bring to market a tech-enabled managed services offering to better manage client environments
  • Jonathan Berry is appointed the CTO of Datavail, to lead the technology-enabled offerings and product roadmap
  • Accelatis contacted TBP after receiving a verbal IOI with a publicly traded IT services firm
  • Developed a 3-tiered marketing strategy to run an exhaustive sell-side process
  • Navigated through several unexpected adverse events during diligence
  • Negotiated a favorable transaction and meaningful roles in new organization for client