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
- 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
- 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