Mergers and Acquisitions, MSP

Oracle Cloud Partner, MSP Attracts Private Equity Investment

Kumar Kumar

Tailwind Capital has invested in AST Corp., an Oracle-focused cloud consulting, implementation and managed IT services provider (MSP). Financial terms were not disclosed.

AST, launched in 1995, is a Platinum-level Oracle PartnerNetwork (OPN) member. Founders Pravin Kumar and Shaji Zechariah are Oracle veterans. The MSP's areas of expertise include Oracle cloud applications, business intelligence, enterprise performance management (EPM) and middleware implementations. More than 90 percent of AST’s workforce is now cloud certified. Tailwind Capital's Gurvendra Suri joins AST’s board of directors as part of the deal.

martinwolf, a midmarket M&A advisory firm, represented AST in the deal. William Blair & Co. acted as financial advisor to Tailwind during the transaction.

AST is no stranger to the merger, acquisition and investment markets. The company in 2015 acquired Serene Corp., an Oracle-focused CRM and master data management (MDM) implementation expert.

Oracle Partner Ecosystem Activity

Mergers, acquisitions and investments across the Oracle partner ecosystem are common. Recent examples include:


Complete M&A Coverage: Track all VAR, MSP and CSP mergers and acquisitions by visiting the ChannelE2E Milestones section daily. Also, check out ChannelE2E’s Top 100 Mergers & Acquisitions across the IT channel, 2017 edition.




Joe Panettieri

Joe Panettieri is co-founder & editorial director of MSSP Alert and ChannelE2E, the two leading news & analysis sites for managed service providers in the cybersecurity market.