Bellevue, WA, January 14, 2015 – Fairmount Partners served as the exclusive financial advisor to Inspirage, a rapidly-growing provider of high-expertise global consulting solutions focused on supply chain management applications, in its strategic investment from Riordan, Lewis & Haden Equity Partners.
Founded in 2007, Inspirage is an Oracle Platinum Partner specializing in Oracle “Edge” applications, including Value Chain Planning, Value Chain Execution, Product Lifecycle Management, Data Quality & Management, and Analytics. Inspirage helps clients realize breakthrough improvements across the value chain in areas from Innovation through Execution®. Inspirage offers a full-range of services including business process design, implementation, and comprehensive managed services programs.
Supply chain organizations are under intense pressure to sense, shape and respond to demand in real time while assessing opportunity, supply chain capabilities, and risk. The implications across the entire value chain require orchestration of cross-functional processes to align anticipated market demand with a responsive supply chain that provides customer value and sustainable profitability. Inspirage focuses on solving critical business challenges that cross functional areas and provide the highest value for clients. Inspirage brings industry-specific experience and proven solutions to help clients solve problems and build an effective supply chain.
Over its history of remarkable growth, Inspirage has been widely recognized for its achievements and has been ranked by research analyst firms such as Gartner and IDC as a leading global consulting firm across its areas of specialization. The new partnership between RLH and Inspirage’s management team will drive the next phase of the Company’s evolution with extended service capabilities for Inspirage’s clients and additional advanced worldwide support.
Srini Subramanian, CEO of Inspirage, commented “Fairmount’s guidance and unwavering dedication to help us identify the right strategic partner in RLH was instrumental as we continue our journey towards building the global leader and most client-centric pure-play value chain management solutions consultancy. While we are extremely proud of this moment in time in Inspirage’s history, more than anything we feel an extreme sense of excitement for the future of Inspirage for all of our stakeholders, particularly our world-class employees and valued customers.”
The transaction closed in December 2014 and financial details were not released.
Inspirage is a high expertise global consulting firm that helps clients realize breakthrough improvements across the value chain in areas from Innovation through Execution™. Inspirage is an Oracle Platinum Partner specializing in Oracle applications, including Oracle Value Chain Planning, Oracle Value Chain Execution, Oracle Product Lifecycle Management, Oracle Data Quality & Management, and Oracle Analytics. We bring industry-specific experience and proven solutions to help our clients solve problems and build an effective supply chain.
About Fairmount Partners
Fairmount Partners is a North American specialist investment banking group. The firm focuses on advising middle-market growth companies with mergers and acquisitions, capital raising and strategic advice. Fairmount offers deep expertise in the Healthcare Services and Technology, Information Technology and Business Services, Software (Enterprise, Vertical Applications, and Infrastructure) and Specialty Technologies (Mobile, Utility Computing, and Data & Analytics) markets. Fairmount has completed more than 150 transactions throughout North and South America, Europe, Asia and Australia since its inception in 2003. For more information, visit: www.fairmountpartners.com
Principals of Fairmount Partners acted as advisors to Inspirage in this transaction.
About Riordan, Lewis & Haden Equity Partners
RLH is a leading private equity firm which invests in high growth, lower middle market, enterprises. Focused on business services, healthcare, and government services, RLH has a demonstrated track record of consistent success over the past 30 years. RLH provides capital and assists portfolio company management teams as they navigate the opportunities and challenges of rapid growth. The firm currently manages over $600 million of assets and is actively seeking new portfolio companies. RLH, in collaboration with portfolio company management, provides expertise, contacts, and experience-based advice on important strategic issues.