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Dealipedia - Red Rock Consulting acquires Tripoint Online

Red Rock Consulting acquires Tripoint Online

Deal Participants:
Acquiring Company: Red Rock Consulting View Profile Charts Homepage
Target Company: Tripoint Online View Profile Charts Homepage
Deal Financials:
 
Date:
Announced: Sep 04, 2012

Tags:

Australian ICT Consulting services

PRESS RELEASE

Australian ICT consulting services company, UXC subsidiary, Red Rock Consulting, has completed the acquisition of predominately Oracle-based managed service provider, Tripoint Online.
UXC Managing Director, Cris Nicolli said the acquisition of Tripoint represented a key strategic direction for the company and the investment was core to the strategy of increasing the company’s “leadership position in the Oracle and managed services market.”

He said the acquisition cemented Red Rock as the “leading local managed service provider covering the Oracle stack.”

According to Nicolli, Tripoint, as a leading provider of online managed services solutions for applications through to servers and storage, was predominately based around Oracle’s PeopleSoft Application stack, and had achieved “great success with blue chip organisations.”

“A large attraction for us in proceeding with this deal includes the fact that Tripoint brings a high pedigree in PeopleSoft consulting combined with a mature service delivery model and strong multi-vendor partnerships that will compliment Red Rock’s current market position.”

The acquisition means that Red Rock will fold the Tripoint business into its existing Managed Services Practice, extending the capability to cover a greater breadth of Oracle Applications as well as increasing its depth in the middleware, databases and infrastructure managed services space.

Nicolli said the combined managed services team would be led by Gerry Williams, General Manager - Support & Managed Services.

Red Rock CEO, Jonathan Rubinsztein said the addition of Tripoint to the consultancy’s business propelled the company into the position of being Oracle’s largest locally based PeopleSoft partner across the Australia and New Zealand region.

“It also further strengthens our Managed Services practice that provides a full suite of fixed and flexible solutions for managing and hosting Oracle Applications, Middleware, Databases and Infrastructure.

“Culturally our businesses are strongly aligned with Tripoint’s principles of honesty, integrity, professionalism and agility, reflected in Red Rock’s own core values.”

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Sep 04 '12
This version submitted by Melg8Mike

 

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