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Generational Equity Advises Project Partners in its Sale to International Technology Group

Gracie Gottlieb | 4 January, 2024

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Project Partners, a leading technology and management consulting agency specializing in Oracle ERP and Project Execution solutions, has been acquired by International Technology Group (ITG), a global group of Oracle services partners. The strategic sale, advised by Generational Equity, closed on November 27, 2023.

Project Partners, based in Half Moon Bay, California, offers comprehensive technology consulting services to mid-sized project-centric organizations, large multinational enterprises, and the public sector. Their team of consultants delivers integrative solutions that extend and simplify technologies, both on-premises and in the cloud.

ITG, backed by IceLake, is focused on becoming a global leader in the Oracle partner network. This partnership with Project Partners enhances ITG's market growth potential and expands their range of Oracle on-premises and cloud service offerings.

IceLake, a European private equity firm, actively supports entrepreneurs and managers in improving, building, and growing their businesses into next-generation companies. Their collaborative and pragmatic approach aims to transform mid-market companies into international leaders.

The partnership between Project Partners and ITG catapults Project Partners into a new era of capability, expanded geographical reach, and unprecedented growth. Randy Egger, CEO and Founder of Project Partners, expressed his excitement about the partnership, stating that it will position Project Partners to support project-centric organizations worldwide.

ITG's ambition is to leverage its expertise within the entire Oracle ecosystem and partner with other exceptional Oracle service providers. They focus on helping clients with implementation, migration, and managed support matters for current and future Oracle products, particularly the rapidly developing cloud suite.

Technological evolution is essential for project-centric organizations, and Oracle has consistently demonstrated its commitment to growth and innovation. Project Partners, as a long-standing Oracle partner, brings extensive experience in assisting project-centric clients with technology assessment, implementation, migration, remediation, and management.

Generational Equity, a leading mergers and acquisitions advisor, facilitated the acquisition. Stephen Crisham, Executive Managing Director of M&A – Western Region, led the team, supported by Managing Director Mergers & Acquisitions, Jim Hermann, and Senior Vice President, M&A, Amy Wall. The initial relationship with Project Partners was established by Executive Managing Director, Tom Braun.

Project Partners will maintain its independence while actively collaborating with other Oracle partners within ITG. The collaboration aims to offer unmatched expertise across Oracle's ERP applications, including ERP Cloud, EBS, and JD Edwards, as well as Project Execution solutions like Primavera and Unifier.

With a commitment to customer success, Project Partners will provide functional and technical support around the clock through a "follow-the-sun" managed services model. This comprehensive coverage ensures successful client outcomes and satisfaction across diverse industries and global landscapes.

Generational Equity, along with its affiliated companies, Generational Capital Markets, Generational Wealth Advisors, Generational Consulting Group, and DealForce, form the Generational Group headquartered in Dallas. With over 350 professionals spread across 16 offices in North America, the Generational Group offers growth consulting, merger and acquisition services, value enhancement strategies, and wealth management to help business owners unlock the wealth of their businesses.

Generational Equity has been recognized as the Investment Banking Firm of the Year by The M&A Advisor for three consecutive years. They have also received accolades such as Valuation Firm of the Year, North American Investment Bank of the Year, and Consulting Firm of the Year. The Global M&A Network named Generational Equity the USA Investment Bank of the Year in 2023.

For more information about Generational Equity and its suite of advisory services, visit their website at [https://www.genequityco.com/](https://www.genequityco.com/) or access the Generational Equity press room at [https://www.genequityco.com/press-releases](https://www.genequityco.com/press-releases).

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