IT Consulting M&A: Prolifics Acquires IBM Red Hat Partner Tier 2
This is technology investment deal number 592 that ChannelE2E has covered so far in 2022. See more than 1,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.
M&A: IBM and Red Hat Consulting Firms Unite
Tier 2, founded in 2001, is based in Stevenage, Hertfordshire, England. The company has 26 employees listed on LinkedIn. The Tier 2 team, backed by deep Red Hat OpenShift expertise, develops web and mobile applications, middleware solutions and custom software. The company became Red Hat’s first Premier Middleware Partner for the UK and Ireland in 2014. Key customers include BMW, GlaxoSmithKline, King’s College London, Suzuki GB, Wolseley Group, EDMI, Evident Legal and Motability Operations, among others.
Prolifics, founded in 1978, is based in Orlando, Florida. The company has 1,147 employees listed on LinkedIn. The company provides consulting, engineering and managed services in such areas as cloud services; data analytics, privacy and governance; cybersecurity; application integration; business automation and more. Key partners include IBM, Red Hat, Data Sentinel, Senzing, Data Robot and Microsoft, among others.
IT Consulting Firm Buys Middleware Partner
In a prepared statement about the deal, Prolifics Chairman & Managing Director Satya Bolli said:
“We are thrilled to have Tier 2 as part of the Prolifics family. Their skill in software development and delivery and significant expertise in Red Hat Middleware and OpenShift will greatly increase our position and visibility in the high growth potential of the UK and North America cloud markets.”
Added Andrew Kennedy, managing director at Tier 2 Consulting:
“This acquisition marks a significant milestone in Tier 2’s 20-year history. Building on our already proven track record of custom software design and development, it will provide Tier 2 with the basis for future expansion, to the benefit of our customers and our highly skilled team. We share Prolifics’ ethos around quality solution delivery and technical expertise, and are delighted to have become part of the family.”
Tier 2 will continue to operate as a separate entity under its current leadership structure.