IBM Acquires Accelalpha

September 9, 2024

IBM has entered into a definitive agreement to acquire Accelalpha, a Bellevue-based Oracle Cloud Applications consultancy, from Century Park Capital Partners and other equityholders. The deal, expected to close in Q4 2024 pending customary approvals, will expand IBM Consulting's Oracle Cloud and supply‑chain/finance implementation and managed‑services capabilities; financial terms were not disclosed.

Buyers
IBM
Targets
Accelalpha, Inc.
Sellers
Century Park Capital Partners, Nat Ganesh (founder), Employee equityholders
Industry
IT Services
Location
Washington, United States
Transaction Type
Buyout

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