Fresche Solutions Acquires OmniData Insights
Deal News | Jan 23, 2025 | Globenewswire
Fresche Solutions, renowned for its expertise in IBM i modernization, has acquired OmniData Insights, a Microsoft Gold-certified leader in AI-driven data and analytics solutions. This acquisition diversifies Fresche's offerings and broadens its reach beyond its IBM i roots, fulfilling strategic ambitions to cater to a growing demand for AI-enabled data analytics. OmniData brings in-depth AI and Microsoft Fabric expertise, enhancing Fresche's capabilities to offer versatile modernization tools for multi-platform environments, including cloud and hybrid infrastructures. American Pacific Group, the private equity firm backing Fresche, emphasizes that this deal strengthens Fresche's market position and expands its commercial opportunities across both IBM i and Microsoft platforms. With new offices across Oregon, California, and the Netherlands, this merger enhances Fresche’s global influence, aiming to deliver transformative digital solutions for clients worldwide.
Sectors
- Information Technology
- Private Equity
- Artificial Intelligence
Geography
- United States – Both Fresche Solutions and OmniData Insights have a presence in multiple US states, with the acquisition enhancing their operations in Oregon and California.
- Netherlands – The acquisition expands Fresche's European footprint with the inclusion of offices in the Netherlands.
Industry
- Information Technology – The acquisition involves companies specializing in IT modernization and data analytics, crucial sectors of the technology industry.
- Private Equity – American Pacific Group, a private equity firm, plays a significant role in the transaction by supporting Fresche Solutions in its acquisition strategy.
- Artificial Intelligence – The integration of AI-enabled data and analytics solutions is central to the merger between Fresche Solutions and OmniData Insights.
Financials
- – No specific financial details such as deal price or valuation were disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Fresche Solutions | Acquirer | Company | A global leader in IBM i modernization and transformation services. |
| OmniData Insights | Target | Company | A Microsoft Gold-certified leader specializing in AI-enabled data and analytics modernization. |
| American Pacific Group | Private Equity Partner | Company | A private equity firm providing strategic and financial support to Fresche Solutions. |
| Joe Zarrehparvar | President & CEO | People | President & CEO of Fresche Solutions, overseeing the strategic acquisition. |
| Dan Erasmus | Chief Commercial Officer | People | CCO of OmniData Insights, involved in customer relations and strategic alignment post-acquisition. |
| Tobias Eld | Chief Technology Officer | People | CTO of OmniData Insights, focusing on technological integration within Fresche. |
| Fraser Preston | Managing Partner | People | Managing Partner at American Pacific Group, providing insights into the strategic value of the acquisition. |