Boston, Mass. – (October 5, 2016) – TriCore Solutions, the application management experts, today announced the successful acquisition of Database Specialists, a database managed service company focused on support for Oracle database systems. The company’s comprehensive, enterprise level service suite includes architecture, design, database tuning, performance management, and ongoing 24×7 technical support and continuous improvements. Database Specialists’ unrivaled managed service offering leverages its proprietary Database Rx™ technology, a bespoke database monitoring, security, health check, and alert notifications platform.
Most enterprise companies today run Oracle database, including 97 percent of the Fortune 500. TriCore has nearly two decades’ experience in supporting enterprise customers’ IT needs, with an emphasis on hosting and supporting enterprise resource planning systems, including most notably the Oracle and SAP application suites. This latest acquisition is a natural extension for TriCore, strengthening its support of other mission-critical enterprise applications that run on Oracle database systems and reinforcing its position as a reliable and single source service provider to its customers.
“We couldn’t be happier to announce that Database Specialists has joined TriCore,” said Mark Clayman, CEO, TriCore Solutions. “Database management services are core to our strategic focus on application management, business intelligence and analytics solutions, and data warehouse environments. With the experts from Database Specialists and the ability to leverage the Database Rx platform, TriCore will be able to expand and enhance our services to existing and new enterprise customers. From a corporate focus perspective, Database Specialists’ revenue mix of over 90 percent recurring revenue is directly aligned with TriCore’s goal to advance the company as a managed service provider, focusing on the full application stack.”
“Our team is excited to be joining a growing company with an expansive service portfolio – from infrastructure to a full suite of application support,” said Terry Sutton, Director of Managed Services, Database Specialists. “TriCore impressed us with its vision, its breadth of services and most importantly, the shared focus on high-quality service and customer satisfaction. As part of TriCore Solutions, we will have the ability to be a part of something bigger as the market demands more from managed service providers.”
Database Specialists was advised by MVP Capital, an investment banking firm serving companies in the technology, media, telecom, towers, and renewable energy sectors. Ropes and Gray, LLP and Wendel Rosen Black & Dean, LLP represented TriCore Solutions and Database Specialists as legal counsel, respectively.
For more information on TriCore Solutions’ Oracle capabilities,visit:
About Database Specialists
For more than 19 years, Database Specialists has provided the Oracle community with in-depth expertise, experience, exceptional teamwork and our own database optimization tools supporting our remote DBA Services. Oracle technology is all we do — which is why we perform remote DBA services at a level others can’t match. Headquartered in the San Francisco Bay Area, Database Specialists, Inc. has employees in all time zones and serves clients remotely nationwide with Oracle database consulting and remote DBA support services. From implementing new database systems to tuning Oracle, from maintaining large production systems to upgrades and patches, to installing Oracle RAC as well as performing 11g and 12c upgrades our Oracle DBA’s keep your Oracle systems running at peak performance with high availability.
About TriCore Solutions
TriCore Solutions, the application management experts, provides a full suite of scalable and reliable managed application, cloud and infrastructure hosting, and consulting services to enterprise organizations. With 16 years of experience, the Company delivers its services and the TriCore Trusted Promise to more than 260 enterprise-class companies worldwide to reduce costs, raise service levels, improve customer experience, increase business agility, and accelerate innovation, unlocking the business value from their IT investments. Our partners include industry leaders such as Oracle, SAP, Microsoft, AWS, IBM, HP and EMC. TriCore Solutions is headquartered in Boston, MA, with offices in India and throughout North America. For more information, please visitwww.tricoresolutions.com and @tricorenow on Twitter.
About MVP Capital
Providing mergers and acquisitions advisory services, private equity and debt raises, MVP Capital has completed over $18 billion in transactions and focuses on clients in the technology, telecom, towers, media and renewable energy industries. Founded in 1987, MVP has offices in San Francisco, Boulder, Kansas City, New York and Boston. For further information, visit www.mvpcapital.com.