Centroid Systems Acquires EPM Intelligence, Bolstering Market Leadership in Transformational Services
The recent acquisition of EPMI continues Centroid’s expansion of transitional services focused on SaaS Applications with a leading edge EPM cloud consulting and managed services practice.
Centroid Systems, LLC (“Centroid”), a top North America cloud service and technology company providing comprehensive transformation services that span the entire enterprise, announced the acquisition of EPM Intelligence, LLC (“EPMI” or the “Company”), an innovative systems integrator renowned for its Oracle Cloud EPM expertise and innovative approaches to industry-specific challenges. The strategic move will fortify Centroid’s market position and further propel its growth trajectory, significantly expanding its ability to serve business technology clients worldwide.
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“We are pleased to support the Centroid team as they continue to expand their business within the high growth Oracle ecosystem. The transaction is a great example of VSS’s buy and build strategy”
The acquisition of EPMI represents a significant milestone for Centroid, as it will strengthen and enhance its product offerings, broaden its customer base, and deepen its expertise and presence within SaaS Applications. The combined capabilities of both companies, including EPMI’s long-standing Oracle partnership, revolutionary best practices and progressive use of Oracle’s enterprise software will result in a comprehensive suite of solutions that further address the evolving needs of clients, fostering cloud transformation services and driving efficiencies across various sectors. Furthermore, this acquisition showcases Centroid’s commitment to staying at the forefront of technological, cloud transformation innovation and delivering exceptional value to its clients.
Centroid’s CEO and Managing Partner, Scott Morrell, expressed enthusiasm about the acquisition, stating, “We are thrilled to welcome EPMI to the Centroid family. They share much of the same values and culture as Centroid in terms of placing our customers and employees at the forefront of everything we do. Joining forces presents an exciting opportunity to scale our technology and drive its adoption on a much higher level than ever before. We believe that by combining our unique capabilities with EPMI’s deep industry expertise and exceptional resources, we will create truly transformative solutions that will further shape the future of technology for our clients.”
“We are pleased to support the Centroid team as they continue to expand their business within the high growth Oracle ecosystem. The transaction is a great example of VSS’s buy and build strategy,” said Trent Hickman, Managing Director at VSS Capital Partners and board member of Centroid.
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“We are excited to join Centroid as we view this as a momentous opportunity to scale new heights together. This new phase in our business allows us to accelerate our growth and deliver even more value across the entire Oracle platform to our customers. Our shared vision for innovation, delighting customers, and working with trusted experts make this partnership a perfect fit. Together, we will create groundbreaking, transformational solutions that will redefine the technology landscape for our clients and solidify a platform for continued success,” said Nihar Parikh, CEO & Co-Founder at EPMI.
Headquartered in Troy, Michigan, and founded in 1997 as an Oracle Consulting Services business, Centroid is today a provider of managed cloud services and enterprise workload consulting services across Oracle, Amazon, IBM, Microsoft, and Google cloud platforms. With additional U.S. locations in San Francisco, Los Angeles, Dallas, Florida and New York, and a large office in Hyderabad, India for 24/7 support, the company employs roughly 200+ people.
Centroid is recognized at the highest level of alliance relationship with Oracle for nearly 25 years and is one of Oracle’s leading cloud service providers in North America. Centroid has achieved many key milestones, including Oracle’s North American Partner of the Year for Engineered Systems, Oracle Technology, and Infrastructure-as-a-Service over the past 5 years. In addition, Gartner has recognized Centroid in 2021 and 2022 in their Market Guide for Oracle Cloud Infrastructure Professional and Managed Services
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