Accelalpha, backed by private equity firm Century Park Capital Partners, has acquired LogistiChange to expand its Oracle cloud application consulting services to South America. Financial terms of the deal were not disclosed.
This is technology M&A deal number 798 that ChannelE2E has covered so far in 2021. See all technology M&A deals for 2021 and 2020 listed here.
Accelalpha Acquires LogistiChange
Accelalpha is an IT services provider focused on supply chain, customer experience, enterprise performance management and ERP cloud modernization. The company provides IT services to implement and manage Oracle cloud applications. Accelalpha has a major presence in the U.S., Singapore and India.
LogistiChange is known in South America for its expertise with logistics and warehouse management. The company has a strong presence in Latin America in the retail, pharmaceutical, 3PL and fast-food industries. LogistiChange is particularly experienced with companies that rely on e-commerce and home delivery with operations that have a high level of automation, the seller said. The company helps customers improve warehouse operations through expertise in the Oracle WMS solution and supply chain management, according to the statement.
The acquisition will expand Accelalpha's delivery of Oracle cloud solutions capabilities to South America and strengthens the company's post implementation services for Oracle cloud applications. Together, Accelalpha and LogistiChange will deliver integrated solutions including Oracle ERP, EPM, WMS, OTM and GTM to support Oracle’s full range of cloud applications, according to the statement.
Accelalpha Acquires LogistiChange: "An Exceptional Opportunity"
Nat Ganesh, Accelalpha CEO, commented on the news:
“Accelalpha’s acquisition of LogistiChange enables us to become an organization that can implement, integrate and manage all of the Oracle cloud applications to deliver comprehensive solutions for our customers across South America.”
Sergio Lillo Bustamante, CEO at LogistiChange, added:
“Merging LogistiChange with Accelalpha provides an exceptional opportunity for us to expand our services and help our customers more than ever. The two companies are a great fit, geographically, technically and culturally, and we remain deeply committed to delivering service excellence to all our customers.”
