Argano, backed by private equity firm Trinity Hunt Partners, has acquired NorthPoint Group to expand its Oracle cloud applications capabilities. Financial terms of the deal were not disclosed.
This is technology M&A deal number 567 that ChannelE2E has covered so far in 2022. See more than 1,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.
Argano, founded in 2020, is based in Plano, Texas. The company has 1,356 employees listed on LinkedIn. Argano’s areas of expertise include business and technology services and consulting.
NorthPoint Group, founded in 2006, is based in Boise, Idaho. The company has 73 employees listed on LinkedIn. NorthPoint Group's areas of expertise include technology and management consulting with a specialization in Oracle HCM and ERP solutions, including Oracle HCM Cloud, Oracle ERP Cloud and additional applications.
NorthPoint offers will be tucked into the Argano 4 Oracle team and will do business as ArganoNorthPoint, according to the companies.
Argano Acquires Oracle Partner NorthPoint Group: Executive Insight
Jeff Curtis, president and COO at NorthPoint Group, commented on the news:
"Argano's vision to be the next-generation business and technology services provider will be a game changer within the Oracle consulting ecosystem. Combining NorthPoint's success and expertise in Oracle Cloud HCM and ERP with Argano's integrated business model will provide Oracle customers a cohesive and unmatched depth of experience to adopt their investment across Oracle's multi-pillar offerings."
Chip Register, Argano CEO, added:
"Welcoming NorthPoint marks another exciting milestone for Argano as we continue to expand our capabilities. Their best-in-class Oracle HCM knowledge and experience further increase our depth and talent, supporting our commitment to being the premier transformation partner in building digital foundations that drive value across our clients' entire businesses."
About Argano
Argano is backed by Trinity Hunt Partners and was formed through the merger of three other technology services businesses. Argano has previous M&A experience, having acquired Microsoft Dynamics 365 cloud partner Arbela Technologies in June 2021.
