Alantra advises Inoapps on its investment by Abry Partners
SECTORTechnology
ServiceM&A
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 received an investment from Abry Partners, a leading Boston-based private equity firm. The transaction closed in Q1 2022 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 investment will accelerate both acquisition-based and organic growth, as well as continue to drive the innovation of new services and increase headcount.
Nicolas Massard, Partner at Abry Partners said, “Building on our successful track record in the specialized consulting and managed services sectors, we are excited to team up with Andy, a successful entrepreneur who has built a fast-growing practice around the Oracle ecosystem.”
“Combined with a new board structure, new capital and our ongoing commitment to excellence, we are set to accelerate drastically our growth throughout North America, Europe and beyond,” said Andy Bird, Inoapps CEO and Founder. “In addition, the operational support team with experts in various disciplines, made the culture a perfect fit for our next phase of growth as we head towards 1,000 employees by the end of 2022.”
This transaction highlights Alantra’s strong position and successful track record as advisors to companies focused on Oracle and digital transformation. Alantra LLC served as exclusive financial advisor to Inoapps. The Alantra team advising Inoapps included Michael Lenoce, Renee Shaening, Alex Bader, Killian Bubrosky and Carter Nichols.
