REAN Cloud Announces Strategic Investment From BV Investment Partners, in Collaboration With TriCore Solutions

Herndon, Virginia, May 17, 2016 (Newswire.com) - REAN Cloud (“REAN”), an Amazon Web Services (AWS) Premier Consulting Partner, has completed a strategic investment from BV Investment Partners (“BV”), a private equity firm focused on the information and business services and communications sectors, along with TriCore Solutions, LLC (“TriCore”).

“We are fortunate to find a very compatible financial and strategic partner in BV and TriCore,” said Sekhar Puli, Managing Partner of REAN.  “This partnership brings resources and expertise to bear that will accelerate our growth trajectory significantly.  We are looking forward to a very productive and rewarding partnership. This will help REAN’s continued growth, through strategic M&A activities, geographic expansion and investment in internal resources while enhancing its sales and marketing initiatives.”

This partnership will help us enhance and strengthen our IP to enable enterprise cloud acceleration. More importantly, our partnership with TriCore will provide customers with a one-stop shop in REAN for both DevOps and server-less architectures as well as traditional application management services, specifically for PeopleSoft, Oracle E-Business Suite and SAP ERP solutions.

Sri Vasireddy, Managing Partner of REAN Cloud

“This partnership will help us enhance and strengthen our IP to enable enterprise cloud acceleration,” said Sri Vasireddy, Managing Partner of REAN. “More importantly, our partnership with TriCore will provide customers with a one-stop shop in REAN for both DevOps and server-less architectures as well as traditional application management services, specifically for PeopleSoft, Oracle E-Business Suite and SAP ERP solutions."

Matt Kinsey, a Partner at BV, said, “We are thrilled to be partnering with the REAN founders and team to accelerate the growth of their business in collaboration with our partners at TriCore.  REAN stands out to us as a valued AWS partner and part of a fast-growing market that we have been following for some time.  REAN has established an efficient and scalable global delivery model and handles many large and complex cloud enablement projects.  The business has a very promising future, and we and our partners at TriCore are excited to have the opportunity to positively contribute to it.”

Mark Clayman, CEO of TriCore, added, “Both REAN and TriCore approach the market with a similar operating philosophy, first and foremost focused on delivering superior customer support for mission-critical IT workloads throughout the full lifecycle, from on-boarding to operations and continuous improvements.  We believe there are many opportunities for REAN and TriCore to collaborate and present a compelling and unique cloud services solution to the marketplace.”

About REAN Cloud

REAN Cloud, a Premier Consulting Partner in the AWS Partner Network (APN) and AWS Managed Services Partner, is a cloud-native firm with deep experience supporting enterprise IT infrastructures and implementing continuous integration, continuous delivery pipelines.  With its headquarters at Herndon, VA, the company has implemented complex and highly scalable architectures which support secure, compliant operations in highly regulated industries such as the Financial Services, Healthcare/Life Sciences, Education, and Public Sector verticals.  The company’s team has extensive AWS expertise and DevOps experience that ensures quick, secure and reliable launch of clients’ solutions with no capital investments needed to procure hardware or services. REAN Cloud team has worked with global organizations including Radian, Ditech Mortgage, SAPNS2, Ellucian, Alexion and Sentient Energy. REAN Cloud solutions are bundled with advanced security features to help address clients’ compliance needs. For more information, please visit http://www.reancloud.com, email at [email protected] or call +1 (844) 377-7326.

About TriCore Solutions

TriCore Solutions, the application management experts, provides a full suite of scalable and reliable managed application, cloud and infrastructure hosting, and consulting services to enterprise organizations. With 16 years of experience, the Company delivers its services and the TriCore Trusted Promise to more than 260 enterprise-class companies worldwide to reduce costs, raise service levels, improve customer experience, increase business agility, and accelerate innovation, unlocking the business value from their IT investments. Our partners include industry leaders such as Oracle, SAP, Microsoft, AWS, and HP. TriCore Solutions is headquartered in Boston, MA, with offices in India and throughout North America. For more information, please visit http://www.tricoresolutions.com and @tricorenow on Twitter.

About BV

BV Investment Partners is currently investing its eighth private equity fund.  The firm is one of the oldest and most experienced sector-focused private equity firms in North America.  Since its founding in 1983, the firm has invested over $2.7 billion in over 84 companies, actively targeting investments in the information and business services and communications industries.  For more information, please visit http://www.bvlp.com.

Source: REAN Cloud