Alantra advises Inoapps on its acquisition of Tier1
New York – Alantra, a leading global investment bank and asset management firm, is pleased to announce that Inoapps, a global Oracle partner with deep cloud expertise, has acquired Tier1, a Pittsburgh-based Oracle services specialist. The transaction closed in August and the deal value was not disclosed.
Founded in 2006 and dual headquartered in Aberdeen, Scotland, and Houston, Texas, Inoapps helps clients deliver successful project outcomes using Oracle on-premises and cloud solutions, orchestrating people, processes, and technology for operational excellence and fast return on investments. An award-winning Oracle partner, Inoapps leverages its OneTeam methodology to support its customers with strategic enterprise consulting, transformational implementations, managed services, training, support services, and its own software products.
The acquisition extends Inoapps’ capability in the U.S. market and brings an enhanced focus to Oracle on-premise Technology and Applications projects and support services. This aligns with the demands of customers looking to maximize their return on existing Oracle investments, while exploring their journey to the Cloud. Inoapps also inherits Tier1’s substantial managed services business and private cloud infrastructure
Andy Bird, CEO Inoapps said: “Tier1 and Inoapps share many points of similarity that developed a strong cultural fit in terms of customer size, the quality and depth of long-term Oracle expertise brought by our employees, and a strong, complementary industry footprint and focus. This acquisition continues our plans for aggressive growth to become the biggest Oracle-only partner in the world, and we are excited to expand across the U.S., quickly.”
“We are incredibly excited to become part of the Inoapps family,” said Rob Guidarelli, CEO of Tier1. “We will now be able to offer our customers a clear pathway to the latest Oracle innovation and roadmap, backed up by extensive experience and talent. This will drive growth throughout our U.S. operations and enable our customers to make the most of their Oracle investments while preparing for the next stage in their evolution.”
This transaction highlights Alantra’s strong position and successful track record as advisors to companies focused on Oracle and digital transformation. Alantra Tech US served as exclusive financial advisor to Inoapps. The Alantra team advising Inoapps included Michael Lenoce, Renee Shaening, Alex Bader and Carter Nichols.