Canadian based CentriLogic has announced the acquisition of ManageForce, in a deal the company says will enable CentriLogic to strengthen its application and database management service capabilities and accelerate its strategy of delivering full-stack solutions to global customers.
ManageForce is a cloud, Enterprise Resource Planning (ERP), and data services provider for Oracle and Microsoft applications and databases.which provides services for Oracle and Microsoft applications.
According to industry analysts, ERP represented the single largest category of enterprise software spending in 2018 at $37.3 billion, with forecasters expecting growth of 6.8% annually through 2022. Cloud-based ERP deployments and ongoing managed services, where CentriLogic is investing and expanding with the addition of ManageForce, are expected to be significant factors contributing to growth in overall market spending in the next 12 months.
The terms of the acquisition were not disclosed but Robert Offley, the president and CEO of CentriLogic, says:
“As we continue to help customers with IT transformation efforts, we understand the importance of being able to deliver a full-stack solution that extends from the application through to infrastructure and ongoing management. ManageForce’s complementary services will allow us to broaden our capabilities and better fulfill the increasing demand we are seeing from new and existing customers worldwide.”
The acquisition will also expand CentriLogic’s US footprint, adding new locations in Chicago, Boston, and Portland. The entire ManageForce team will stay with the combined company to accelerate the sales and marketing of its expanded portfolio of services.
Founded in 2007, CentriLogic provides cloud computing, co-location, and advanced IT outsourcing solutions. The company is based in Mississauga, Ont., and past acquisitions include Capris Hosting.