CHARLOTTE, NC - (August 18, 2008) - TITAN Technology Partners, a global provider
of consulting and outsourced industry solutions, today announced it has acquired
Pinnacle Group Worldwide, a global consulting firm specializing in Oracle's
Hyperion® financial system solutions primarily to Fortune 1000 clients. Pinnacle
Group Worldwide was founded in 1995 and is a two time member of Inc. magazine's
fastest growing privately held companies published as the Inc.500.
The powerful combination creates the leading services provider of Hyperion
solutions, with over 350 Hyperion clients served globally by a team of over 125
dedicated Hyperion professionals. The acquisition strengthens TITAN's position
as an elite provider of Enterprise Resource Planning (ERP) and Enterprise
Performance Management (EPM) solutions to its global clients.
From its base in New York City, Pinnacle Group Worldwide serves clients throughout
the Americas and Europe. Additionally, Pinnacle adds several innovative software
solutions for Hyperion and a Hyperion Development Center in Central America to
compliment TITAN centers in India, Singapore, and the USA.
"The addition of Pinnacle Group Worldwide in combination with our recent
acquisition of Sinmax Global creates a special Hyperion consulting practice
capable of planning, building, hosting, and managing Hyperion worldwide,"
stated Michael A. Vadini, CEO and Founder of TITAN Technology Partners.
"The synergies from this strategic acquisition and the exceptionally talented
group of professionals from Pinnacle will help TITAN accelerate our vision to
maximize the value our clients seek with ERP and EPM solutions in executing
their business strategies."
"TITAN Technology Partners provides us the ability to unlock the inherent
synergy between EPM and ERP and is a natural fit to enhance our value
proposition with our respective clients," stated Michael Fuori, Co-Founder
and Senior Partner of Pinnacle Group Worldwide.
"Combining TITAN's and Pinnacle's strengths will enable us to better support
our clients' drive for business performance through enterprise solutions. We are
thrilled to join TITAN and look forward to leveraging the technology investments
made by our clients to improve their operations and to expand TITAN's offerings
with innovative solutions," stated Andrew Jorgensen, Co-Founder and Senior
Partner of Pinnacle Group Worldwide.
Andrew Jorgensen has been appointed Senior Vice President of Enterprise Performance
Management (EPM). Prior to the acquisition, Mr. Jorgenson was a Co-Founder and
Senior Partner of Pinnacle Group Worldwide and brings over 18 years experience in
implementing and deploying performance management solutions. Prior to co-founding
Pinnacle Group Worldwide, Andrew served in the consulting practice for Hyperion.
Prior to this, Andrew was focused on delivering performance management solutions in
the Financial Services industry.
Michael Fuori has been appointed Senior Vice President of Enterprise Performance
Management. Mr. Fuori brings over 23 years experience in providing technology
solutions focused around performance management. Prior to the acquisition, Mr.
Fuori was a Co-Founder and Senior Partner of Pinnacle Group Worldwide. Prior to
co-founding Pinnacle Group Worldwide, Mr. Fuori served in the consulting practice
for Hyperion. Mr. Fuori also spent 10 years deploying performance management
solutions in the financial services industry.
About TITAN Technology Partners
TITAN Technology Partners is a global provider of consulting and outsourced
industry solutions.
Trademarks
Oracle and Hyperion are registered trademarks of Oracle Corporation and/or its
affiliates. All other product and service names mentioned are the trademarks of
their respective companies.
Links:
http://www.s2v.com/news/2008-08-18-TITAN-Combines-with-Pinnacle.html
