Alantra advises BlueGranite on its sale to 3Cloud Solutions, a portfolio company of Gryphon Investors
New York – Alantra, the global investment banking firm and asset management specialist, is pleased to announce that BlueGranite, a data and analytics consulting firm and Microsoft partner, has been sold to 3Cloud Solutions, the largest pure-play US-based Microsoft Azure partner and a portfolio company of Gryphon Investors. The transaction closed on August 15th, 2022, and the deal value was not disclosed.
With 25 years of experience, BlueGranite is an innovative data and analytics consulting firm providing clients with business impacts through cloud-scale analytics. A premier Microsoft partner, BlueGranite leverages Azure-based platforms to deliver to a diverse client portfolio including Fortune 1000 companies and mid-market businesses. BlueGranite’s team of highly regarded data experts, with impressive technical depth and industry experience, will be joining 3Cloud to build on its 700 full-time Azure experts in the US.
“With the acquisition of BlueGranite, we continue our growth trajectory and strengthen our position as the largest Azure pure-play services firm in the U.S.,” said Michael Rocco, 3Cloud CEO and Co-Founder. “We’re delighted to welcome a world-class team of data architects, data engineers and analytics specialists into the 3Cloud family to deliver the ultimate Azure experience for our clients and Microsoft.”
“Together, we have a unique opportunity to drive the digital imperative at a more significant scale with greater velocity,” said Matthew Mace, CEO of BlueGranite. “With BlueGranite, 3Cloud is adding to their ability to scale data and analytics services to meet market demand. Combined with 3Cloud’s platform and application innovation capabilities, this further sets us apart as the clear partner of choice when digital transformation is a client’s top priority.”
This transaction highlights Alantra’s strong position and successful track record as advisors to companies focused on data and analytics and digital transformation. Alantra Tech US LLC served as exclusive financial advisor to BlueGranite. The Alantra team advising BlueGranite included Renee Shaening, Michael Lenoce, Alex Bader and Carter Nichols.