What are the benefits of cBEYONData and Alta Via Consulting coming together as one company?
cBEYONData acquires Alta Via Consulting
Creating a Leading Provider of Financial, ERP and Data Analytics to the Federal Government
cBEYONData announced today it has completed the acquisition of Alta Via Consulting.
Founded in 1998, Alta Via Consulting is a premier provider of ERP consulting services centered around improving clients’ operations by maximizing value from existing business processes and information systems. As an SAP development partner since its inception, Alta Via possesses a unique blend of SAP, process, industry, and design knowledge.
The combined firm will have over 240 employees delivering ERP architecture and design, business intelligence, financial management, cloud migration and robotic process automation solutions. The firm’s clients include the U.S. Army, the Department of Justice, and the General Services Administration, among others. cBEYONData is a portfolio company of Bluestone Investment Partners.
cBEYONData’s combination with Alta Via provides clients access to an exceptional team of experts with deep expertise in SAP®, Momentum®, OneStream®, UIPath® and related business intelligence systems. It positions the company to support the migration of federal computing to the cloud and lifecycle upgrades for key SAP systems. Alta Via’s cost analytics and performance optimization specialties complement cBEYONData’s delivery of its CFO Control Tower® solution. CFO Control Tower® is a scalable on-demand solution that enhances federal government financial systems reporting and allows clients to quickly automate business process and reduce the time spent on data aggregation and manipulation. The cBEYONData Budgeting and Spend (BAS®) module is preconfigured to meet the needs of federal budgeting organizations and improve and automate a wide range of planning, forecasting, consolidation, and financial reporting requirements.
The leaders of both cBEYONData and Alta Via believe that this combination will drive much higher growth than either company would be able to achieve on its own. Since the companies offer different but complementary services to different sets of clients, the combination will allow us to expand what we offer clients today and open up new clients for us in other sectors of the government. Put more simply, the combination will enable us to serve more clients, offer them more services and solutions, and have more impact on their success. The combination of the two entities promises to be transformative.
The cBEYONData & Alta Via merger should:
- Enable us to offer more value to our customer
- Diversify our customer base across the Departments of Defense, Justice, Homeland Security, the GSA, and other federal agencies
- Create opportunities to cross-sell the software and services of both companies to existing customer organizations, which currently do not overlap
- Deepen the technical expertise resident within the Company related to ERP and BI systems, including SAP and other leading technology vendors
- Position us to take advantage of ongoing trends in the federal sector, particularly the migration to cloud-based architectures, the consolidation of legacy systems, and the upgrading of outmoded database platforms
- Increase the scale of the Company so we can compete for larger prime projects in the area of financial management and ERP enhancements. While both companies have distinguished legacies of success, the future prospects of the combined firm are awesome.
What are some specific capabilities that are complementary?
Together, cBEYONData and Alta Via will be one of the leading data analytics and process management consulting firms serving federal clients. We will also have enhanced unique specialties and subject matter expertise in both DoD and Civilian agencies. For example, Alta Via is supporting one of the world’s largest ERP systems for the U.S. Army and employs some of the leading experts in SAP ERP solutions. cBEYONData’s CFO Control Tower Financial Management and Analytics (CFO FM&A) and Budget & Spend (CFO BAS) modules will be enhanced to support these customers. With the continued leadership of the companies’ management teams and the expertise and know-how of our employees, the combined business will have a unique capability in enterprise data analytics and understanding of ERPs and, specifically, in SAP-based and Momentum solutions coupled with the workforce expertise to deliver these solutions.
cBEYONData is a purpose-built professional services firm that specializes in supporting mission-driven agencies and organizations with the enhancement of business processes, cloud migrations, business intelligence, data management, data analytics, agile project and process management, dashboards, and geo-mapping. cBEYONData is a portfolio company of Bluestone Investment Partners.
About Alta Via Consulting
Alta Via Consulting is an advisory firm providing expertise in guiding, executing and sustaining business transformation. Alta Via experts improve clients existing operations by maximizing value from existing business processes and information systems or by redesigning operations and leveraging improved technology. We integrate business process evaluation, risk mitigation, data protection, technology evaluation, and operational design to deliver a roadmap for transformation. Our unique approach aids leaders as they operationalize their goals and objectives into executable strategies. By doing so, we provide the insights necessary to understand, orchestrate and execute the steps required for your organization to achieve mission success. Please visit www.altavia.com for more information.
About Bluestone Investment Partners
Bluestone is a private equity firm investing exclusively in lower middle-market companies in the defense and government services arena. Bluestone’s principals have a long and successful track record owning, operating, investing in, and advising companies in the defense and government services sector. Please visit www.bluestoneinv.com for more information.