Apps Associates, an Acton, MA-based IT services organization focused on supporting mission-critical business applications and facilitating enterprise customers’ digital and cloud transformation initiatives, received a majority investment from middle-market private equity firm BV Investment Partners.
The amount of the deal was not disclosed. The existing management team will maintain a considerable ownership in Apps Associates.
Founded in 2002 by Sridhar Bogelli, CEO, Apps Associates is an IT services business that specializes in implementing, optimizing and maintaining complex ERP, business intelligence, and cloud applications. The company has long-standing partnerships with several technology companies, such as Oracle, Amazon Web Services (AWS) and Salesforce. By leveraging its global delivery platform with over 800 employees spanning the U.S., Europe and India, the company provides expertise around business-critical applications.
Apps Associates has nearly 200 active enterprise customers serving life sciences, manufacturing and distribution, technology and business services industries among others.
It is an Oracle® Platinum Partner, a Premier Consulting Partner with Amazon Web Services, and a Salesforce Silver Consulting Partner, and also partners with MuleSoft™ and Dell Boomi.