An archive of past spotlight issues.
The martinwolf team tracks noteworthy mergers and acquisitions, and offers
commentary on issues that impact our industry.
"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.
“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.
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
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.