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Inoapps Acquires Us-Based Oracle Services Specialist Tier1

Oct 12, 2022•almost 3 years ago

Acquiring Company

Inoapps

Acquired Company

Tier1

ConsultingSoftware

Description

Global Oracle partner Inoapps today announced that it has acquired Pittsburgh-based Oracle services specialist, Tier1, effective August 1st. The acquisition is the latest stage in Inoapps’ growth throughout North America, following the recent investment by Boston-based Abry Partners in Inoapps. Financial terms of the acquisition are not being disclosed.

Company Information

Company

Inoapps

About

Inoapps is an award-winning global Oracle Partner with deep cloud and on-premises expertise. Trusted by our clients to deliver successful outcomes using Oracle, Inoapps helps customers achieve their goals through Business Transformation, Technology Optimization and Continuous Innovation. Inoapps’ supports customers with strategic enterprise consulting, implementations, managed services, training, update services and our own software products. Working across a number of vertical industries, Inoapps has developed specialist centers in energy, engineering & construction, higher education, manufacturing, public sector and professional, business and financial services. Wondering how Oracle applications and technology can help your organization succeed? For Oracle Expertise, Ask Inoapps www.inoapps.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed