This is M&A deal Number 136 that ChannelE2E has covered so far in 2020. See the complete M&A deal list here.
Inspirage, a supply chain management consulting firm, says the acquisition bolsters its Oracle ERP Cloud applications expertise. Inspirage also provides product lifecycle management and logistics management implementation services.
Vertical Edge, headquartered in Tampa, Florida, has additional offices in Indianapolis, Indiana; Minneapolis, Minnesota; and Mason, Ohio. In addition to the firm’s full-service Oracle Enterprise Performance Management (EPM) services, it also provides Business Intelligence(BI) consulting.
John Conlee, who founded Vertical Edge and served as CEO, transitions to senior VP, Global EPM at Inspirage, according to his LinkedIn page.
Inspirage Acquires Vertical Edge: Executive Perspectives
Further describing the deal, Inspirage CEO Srini Subramanian commented:
“The Vertical Edge Consulting Group acquisition represents our commitment to providing the highest quality end-to-end Oracle ERP Cloud implementation services and further strengthens our services provided to the CFO office. United by a common vision to make our clients successful and our exclusive focus on Oracle technologies, Vertical Edge was the natural choice as we looked to grow our EPM practice.”
“We are extremely excited to be joining the Inspirage family. This significant milestone will extend our capabilities and provide major growth opportunities through expanded services and offerings to our clients to help them realize their world-class finance initiatives. As part of the Inspirage team, we look forward to the global expansion of our core EPM and Analytics services and making available complete functional Oracle solutions for Vertical Edge’s 140+ customers while continuing our focus to transform their businesses to the cloud.”
M&A activity among Oracle partners remains steady worldwide. Track all of the Oracle partner M&A deals and alliances here.