Bowstring Advises Datavail on its Recent Acquisition of AdvancedEPM Consulting

March 23, 2017 | Atlanta, GA

Bowstring Advisors (“Bowstring”) served as the exclusive financial advisor to Datavail, a leading provider of managed services for database management, analytics, and application life cycle management, in its recent acquisition of AdvancedEPM Consulting, an Oracle Platinum Partner focused on Oracle Enterprise Performance Management (EPM) solutions.

The acquisition of AdvancedEPM is part of Datavail’s growth strategy to build on Datavail’s core capabilities in data and application operation and integration. AdvancedEPM’s expertise in Oracle application cloud implementation and customization will be combined with Datavail’s expertise to create an end-to-end application life cycle offering to support the Oracle EPM solution stack.

As a Platinum-level member of the Oracle® PartnerNetwork and an Oracle Accelerate solution provider, AdvancedEPM has extensive, hands-on application expertise, deep functional knowledge, and integrated technical skills across Oracle’s Enterprise Performance Management product suite. Founded in 2007, AdvancedEPM has core competencies in the Oracle Hyperion Planning, Oracle Essbase, Oracle Hyperion Financial Management, and Oracle Data Relationship Management products with application and industry specializations in Accelerate for Midsize Companies, Financial Services, High Technology, Natural Resources, Industrial Manufacturing, Chemicals, Wholesale Distribution, Consumer Goods, Oracle Planning Budgeting Cloud Services (PBCS), and Enterprise Performance Reporting Cloud Service (EPRCS).

“AdvancedEPM is one of the leaders in helping companies leverage Oracle’s cloud-based planning and budgeting solutions, and has some of the most experienced consultants in the Oracle Hyperion space,” said Scott Frock, COO of Datavail. “We are excited to add them to the ever-growing Datavail team as part of our Oracle services expansion. Special thanks to the Bowstring team for advising us in what will be our third closed transaction together in the past seven months.”

Datavail manages the data services for hundreds of clients, both on premises and in the cloud, and works with those clients on comprehensive, end-to-end managed operations, and support. Todd Rebner, Founder & CEO of AdvancedEPM, will remain with the organization to head Datavail’s EPM practice. “I am excited to be able to combine the strength of AdvancedEPM consultants with Datavail’s support platform to fill a gap in the market for full-service Enterprise Performance Management services,” said Rebner. “The nimbleness of AdvancedEPM in helping customers quickly and efficiently implement EPM solutions will be strengthened by Datavail’s mature managed service capability.”

Don Holbrook, Managing Director of Bowstring Advisory Partners, commented, “The acquisition of AdvancedEPM is a perfect fit for Datavail’s growth strategy. The combination of the companies’ areas of expertise will be powerful.”

AdvancedEPM is one of the leaders in helping companies leverage Oracle’s cloud-based planning and budgeting solutions, and has some of the most experienced consultants in the Oracle Hyperion space. We are excited to add them to the ever-growing Datavail team as part of our Oracle services expansion.

Scott Frock
COO
Datavail