Global partnership – PROMATIS joins forces to pursue its growth strategies
Ettlingen, 04/04/2024 – The business process innovator announces that it has joined the International Technology Group B.V. (ITG), a partnership of Oracle service providers whose complementary portfolios are optimally interconnected. Supported by investor IceLake Capital, PROMATIS is thus benefiting from a stronger market position and the implementation of growth strategies in terms of international expansion. This global partnership positions PROMATIS – specialist for intelligent business processes and Oracle digitization solutions – for accelerated growth with global scalability and simultaneous diversification of services. For customers, the new organizational structure offers enormous advantages in terms of future security, innovative strength and, above all, in the Managed Services & Support division.
Seizing new opportunities and preserving the tried and tested was PROMATIS' intention in joining ITG, a holding company of Dutch financial investor IceLake Capital. The previous shareholders of the PROMATIS Group transferred their shares in the company to this internationally active holding company based in Amsterdam, thereby underlining the steady growth of the group of companies. Dr. Frank Schoenthaler, CEO of PROMATIS Group, and the entire executive management will continue to perform their functions in the coming years. Schoenthaler will also be a member of the Executive Committee of the holding company. In this respect, the continuity of PROMATIS' operations, including the organizational structure and all employees, is secured for the coming years.
In addition to innovative digitization expert PROMATIS, two other strong Oracle partners are united under ITG: Quistor and Project Partners. By bringing together three of the most important Oracle solution providers in the international environment, investor IceLake Capital has succeeded in creating a perfect alignment for this market segment. The strategic alliance also identifies and taps into extraordinary synergy potential. This launch into a new era of performance means an extended geographical reach, comprehensive expert know-how in modern business applications and bundled Oracle clout. This Oracle Competence Center of the new dimension is predestined to meet increasing customer requirements and form a leading IT platform. By joining forces, new capacities will be freed up, such as an advanced and outstanding 24/7 managed services offering for functional and technical support around the clock.
“With its new size, PROMATIS is now armed with substantially enhanced capacities compared to previously, establishing a stronger stance that affects both its capability and financial power. Our customers benefit considerably from this, and it opens up completely new ways of establishing process innovations in the company,“ Dr. Frank Schoenthaler says, CEO of PROMATIS Group.
About PROMATIS:
The global solution provider PROMATIS is based in Germany in the Karlsruhe TechnologyRegion with branches in Hamburg and Muenster (Westphalia), as well as country offices in Austria (Vienna), Switzerland (Zurich), Croatia (Zagreb) and the USA (Denver, CO). A lively network of partners in business and research guarantees implementation strength and a high level of innovation.
Our experience includes Oracle Cloud Applications (incl. Fusion), NetSuite ERP and Oracle E-Business Suite as well as the Oracle Technology Stack on Prem, Cloud and hybrid. With proven process models, project tools and country- and industry-specific Best Practice solutions, we ensure that our customer solutions are cost-effective and future-proof. You can find more information about PROMATIS at www.promatis.com
About IceLake:
IceLake Capital is a private equity firm that invests in exceptional companies and focuses on helping mid-sized companies become international market leaders in their respective industries. These companies have a strong market position and benefit from support in the effective implementation of their global growth ambitions, such as buy & builds and international expansion. You can find more information at www.icelakecapital.com
About Quistor:
Founded in 2005, Quistor is known for its profound experience in JD Edwards, Oracle Infrastructure as a Service, Oracle Platform as a Service, Oracle Autonomous Data Warehouse and Oracle Analytics Cloud technology. The company’s mission is to deliver outstanding Consultancy & Managed Services. Quistor currently serves over 250+ clients globally and staffs around 250 people with offices in the Netherlands, Spain, Czech Republic, France, Mexico, United Kingdom and the Philippines.. Quistor has won several awards for its Oracle Autonomous Datawarehouse, Oracle ERP and Oracle Cloud expertise. For more information about Quistor, visit its website at www.quistor.com
About Project Partners:
Project Partners is dedicated to project-centric organizations around the globe since1997. As a full-service project technology and management consulting agency they are helping organizations across many industries deliver excellence in their project technology lifecycles from start to finish, on time, and within budget. Project Partners specializes in Oracle ERP Applications (on prem and Cloud) and a variety of Project Management and Execution Solutions. 78+ global consultants incl. 20+ experienced partners support multi-geographical operations in 19+ countries and execute implementations for organizations that manage 10,000+ projects with thousands of users who utilize multiple languages and currencies. Project Partners experience spans project modules of Primavera, Kahua, E-Business Suite, Fusion ERP, JD Edwards. You can find more information at www.projectp.com