7 Mile Advisors Has Represented Data Intensity, An Audax Group Portfolio Company, In Their Acquisition Of Red Stack Tech

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Data Intensity, the leader in application managed and cloud services for enterprise Oracle environments, announced that it has acquired Red Stack Tech. Headquartered in the UK, Red Stack Tech is an award-winning solutions provider specializing in the provisioning of software, hardware and managed and professional services across the Oracle technology stack. The union of these two companies creates one of the largest global, independent service providers in the Oracle ecosystem, with capabilities including application and database management, engineered systems, business intelligence (BI) and analytics.

The acquisition of Red Stack Tech further expands Data Intensity's global footprint, adding go-to-market and service delivery teams in the UK, Poland and Australia. Data Intensity's existing UK sales and service delivery team will join the Red Stack Tech team, under the direction of Alex Louth, Red Stack Tech founder and CEO. Louth will serve as managing director of the combined Data Intensity UK team and will lead go-to-market strategies across Europe and Asia Pacific.

Most importantly, the acquisition provides Data Intensity and its customers the following:

  • An expanded portfolio of data-driven business services with Red Stack Tech bringing additional depth in the areas of engineered systems, database management, BI and analytics to complement Data Intensity's current application and data management offerings;
  • Broader global coverage to deliver what customers need, where they need it, with expanded resources, capacity and expertise across Europe and Asia Pacific; further reinforcement of the company's relationship with Oracle as both Data Intensity and Red Stack Tech are Oracle Platinum Partners, making the new Data Intensity a leading independent Oracle managed service provider in the US and UK; and the capabilities and position to serve as a trusted partner in the customers' journey to the cloud with a comprehensive solution for integration among Oracle cloud applications, on-premises solutions and other cloud providers.

"The acquisition of Red Stack Tech is a major next step toward the goal of providing our customers with a best-in-class solution and services portfolio on a global scale," said Kirk Arnold, CEO of Data Intensity. "We can now offer our customers the reach and resources of a global organization with the attention and personalized service of a local business partner. This becomes increasingly important as more companies are looking to shift their critical core infrastructure to the cloud, and they want a partner that provides the expertise, resources and support at a local level to give them confidence and peace of mind." "One of the primary reasons we decided to join forces with Data Intensity is our shared commitment to customers and making them our number one priority," stated Louth. "This transaction will provide our customers greater access to best-in-class resources, expertise and capabilities worldwide. We are encouraged by the positive feedback and enthusiasm our customers have expressed in response to this latest milestone."

About Red Stack Tech

Red Stack Tech, A Data Intensity Company, is a global service provider specializing in the provisioning of software, hardware, and managed and professional services across the Oracle technology stack. For almost 20 years, Red Stack Tech has been delivering full end-to-end solutions that encompass all Oracle technologies with a strong focus on Oracle engineered systems, database management services, and business analytics. The company is headquartered in London, UK with additional offices in Poland and Australia. To learn more, visit www.redstk.com.

About Data Intensity

Headquartered in Bedford, Massachusetts, Data Intensity is the industry leader in application managed and cloud services for enterprise Oracle environments. The company combines best-of-breed technology, world-class services, a flexible business model, and deep-rooted expertise gained from hundreds of successful deployments worldwide. By uniquely and cost-effectively supporting the full scope of a customer's enterprise data lifecycle, Data Intensity enables companies to achieve their business goals by making their most critical applications and data manageable and actionable. To learn more, visit www.dataintensity.com.

About 7 Mile Advisors

7 Mile Advisors provides Investment Banking & Advisory Services to the Business Services and Technology Industries globally. 7 Mile Advisors advises on M&A and private capital transactions, and provides market assessments and benchmarking. As a close knit team with a long history together and a laser focus on our target markets, 7 Mile Advisors helps its clients sell companies, raise capital, grow through acquisitions, and evaluate new markets. All securities transactions are executed by 7M Securities, LLC, member FINRA / SIPC. For more information, including research on the M&A markets, visit www.7mileadvisors.com

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