Bias Corporation Acquired By Deloitte
Sellside advisor to Bias Corporation
7 Mile Advisors Acts As Sellside Advisor To BIAS Corporation, a Leader in the Oracle Cloud Infrastructure Market, On Their Acquisition By Deloitte
The acquisition will extend Deloitte’s ability to deliver end-to-end cloud transformation services and cloud migration services for Oracle Solutions.
CHARLOTTE, NC – BIAS Corporation (“BIAS”), a cloud consulting firm that is a leader in the Oracle Cloud Infrastructure (OCI) market with experienced cloud professionals based in the United States and India, has been acquired by Deloitte. Founded in 2000, BIAS capabilities focus on advising, implementing, and operating services for cloud infrastructure, database, middleware, applications, analytics, and security. 7 Mile Advisors acted as the exclusive sellside advisor to BIAS throughout the transaction.
“It was a pleasure to work with the entire BIAS team, true leaders within the Oracle ecosystem. Quote from John Cooper
The BIAS acquisition will complement Deloitte’s existing portfolio of Oracle cloud application and infrastructure capabilities — strengthening Deloitte’s market leader standing for end-to-end Oracle cloud transformation services. Acquiring the BIAS business also allows Deloitte to serve a broad portfolio of clients including emerging and enterprise businesses that require Oracle cloud migration services. Deloitte will continue to team with clients to help build enterprises that are ready to embrace continuous innovation enabled by Oracle cloud.
“Leading organizations understand that having their data, systems and applications in the cloud is an essential building block for business agility and this acquisition underscores the strategic priority Deloitte places on advancing business disruption with cloud technology,” said Amit Chaudhary, cloud engineering offering leader, and principal, Deloitte Consulting LLP. “Oracle Cloud infrastructure gives our clients powerful compute and networking performance while also delivering a host of infrastructure and platform cloud services. Combining the experience of the Deloitte and BIAS teams will assist clients as they build powerful foundations for the future.”
7 Mile Advisors is pleased to have completed over 30 successful transactions in the past 12 months in the Technology and Business Services ecosystem, many of those cloud service providers. As the need for digital transformation continues to drive M&A the team at 7 Mile is prepared to assist business owners looking to pursue strategic opportunities both on the buyside and sellside. For more information about 7 Mile’s services and areas of expertise visit www.7mileadvisors.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.
About BIAS Corporation
BIAS delivers innovative IT solutions, leveraging Oracle technologies, for leading companies and public sector organizations. BIAS provides a comprehensive approach –from design and implementation to support – allowing it to deliver the right solution at the right time. BIAS has been an active member of the Oracle PartnerNetwork since 2005 and was recently recognized as the Oracle Global and North American partner of the year for Oracle Cloud Infrastructure and the Oracle SaaS Applications Partner of the Year for SMB. www.biascorp.com
About Deloitte
As used in this document, “Deloitte” means Deloitte Consulting LLP, a subsidiary of Deloitte LLP, or its India subsidiary, Deloitte Consulting India Private Limited. Please see www.deloitte.com/us/about for a detailed description of our legal structure. Certain services may not be available to attest clients under the rules and regulations of public accounting.
