Steadfast Partners for Entrepreneurs

We help entrepreneurs with business growth, investments, financing, mergers & acquisitions (M&As), and exits.

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
Role
  • 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