Spotlight

An archive of past spotlight issues.

 

The martinwolf team tracks noteworthy mergers and acquisitions, and offers
commentary on issues that impact our industry.

decor decor
"Our unique depth and experience in this space complements Centrilogic’s full spectrum of services, better positioning us to help our customers solve their most complex business and technology challenges."

-Scott Salomon, CEO of 3RP

martinwolf Represented 3RP in Acquisition by Centrilogic

Scottsdale, Arizona (October 11, 2021) Centrilogic, a global IT transformation solutions provider, announced it has acquired  3RP, a leading provider of managed services for Oracle Cloud Infrastructure (OCI), Oracle Applications, and Databases. Terms of the acquisition were not disclosed.

 

3RP was represented by martinwolf, a leading M&A advisory firm serving the middle market IT industry. It marks the firm’s fourteenth transaction in the past ten months.

 

As an Oracle Cloud Solutions Provider (CSP), Managed Services Partner (MSP), and legacy Oracle Platinum Partner, 3RP has achieved the highest level of recognition in the Oracle PartnerNetwork (OPN). With this acquisition, Centrilogic further solidifies its Oracle expertise while continuing to provide robust, cloud-agnostic solutions for customers.

 

Since its founding in 2005, 3RP has worked with hundreds of organizations to help them improve end-user experiences and organizational productivity through the design, development, and management of end-to-end solutions – from vision and strategy, through migration and provisioning, to fully managed cloud services. The company has also achieved multiple badges in Service Expertise within Oracle’s CSP program. These badges include Oracle Cloud Platform, Oracle EBS to the Cloud, Hyperion to the Cloud, and Oracle Exadata On-Prem/Cloud.

 

3RP’s staff will join Centrilogic in this acquisition, further extending Centrilogic’s geographic footprint to the USA’s West Coast. Scott Salomon, 3RP’s CEO, will assume the role of Group Vice President, Oracle Practice, where he’ll focus on growing Centrilogic’s Oracle business and capabilities.

 

Quotes

“I look forward to adding our team’s Oracle expertise to Centrilogic’s impressive portfolio of end-to-end solutions. Our unique depth and experience in this space complements Centrilogic’s full spectrum of services, better positioning us to help our customers solve their most complex business and technology challenges.”

– Scott Salomon, CEO of 3RP

“There are only 23 companies that have received Oracle’s CSP certification, and 3RP is one of them, demonstrating the company’s strength in providing strategic managed services and consulting across critical enterprise systems, applications, and architectures. We are excited to welcome the 3RP team into the Centrilogic fold, and we look forward to accelerating our ability to satisfy the growing demand from new and existing customers that require assistance migrating, managing, and optimizing workloads on Oracle’s Cloud. With this acquisition and our overall cloud-agnostic approach, we continue to demonstrate the holistic value Centrilogic provides to organizations as they pursue digital transformation and cloud initiatives.”

– Robert Offley, President and CEO of Centrilogic.

 

About Centrilogic

Centrilogic is a global provider of IT transformation solutions that empower organizations to realize their digital potential. Armed with capabilities that span the stack – from multicloud management to next-gen applications and strategic services – Centrilogic delivers resilient end-to-end digital solutions that help companies reshape the role of their technology platforms as business-driving assets. With regional headquarters in Canada, USA, and the United Kingdom, Centrilogic delivers solutions to innovative companies worldwide.

To learn more, visit www.centrilogic.com

 

About martinwolf:

Headquartered in Scottsdale, Arizona with an office in Cleveland, martinwolf is a leading M&A Advisory focused on middle market companies in the IT Services and Supply Chain, Managed Services, Security and Software sectors. Since 1997, martinwolf has completed nearly 200 transactions in more than 20 countries and sold eight divisions of Fortune 500 companies. In 2021, the firm acquired IT ExchangeNet, a leader in smaller mid-market (sub $25M) transactions.

martinwolf is a member of FINRA and SIPC. For more information, visit www.martinwolf.com.

previous post Back to Articles next post

24 Apr 2024

Celestica (NYSE: CLS) to Acquire NCS Global from Heritage Holding

Financial Information Enterprise Value: $36M (and a possible earnout payment should certain post-closing financial conditions be met) Transaction Details Celestica has entered into a definitive agreement to acquire NCS Global, a US-based IT infrastructure and asset management business. The transaction is expected to close in May 2023 or earlier, subject to satisfaction of customary closing...

02 Apr 2024

CD&R to Acquire Presidio from BC Partners

Financial Information Not Disclosed Transaction Details Clayton Dubilier & Rice (CD&R) and BC Partners announced on April 2, 2024, that they have entered into a definitive agreement under which CD&R will acquire a majority ownership of Presidio. Funds affiliated with BC Partners will retain minority ownership interest. The transaction is expected to close in the...

06 Feb 2024

NWN Carousel acquired by American Securities

Financial Information Revenue: Approx. $900 million Enterprise Value: N/A Transaction Details NWN Carousel announced a transition of ownership from New State Capital Partners to affiliates of American Securities. This transition represents the success of significant investment, organic growth, M&A execution, operational excellence and innovation under ownership of New State Capital Partners. NWN Carousel developed a...