martinwolf Represented 3RP in Acquisition by Centrilogic
SCOTTSDALE, Ariz., October 11, 2021 (Newswire.com) - 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 10 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.
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 https://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.
Source: martinwolf
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Tags: 3RP, centrilogic, CSP, IT Solutions, martinwolf, MSP, Oracle