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CHICAGO, IL -- (Marketwired) -- 01/20/15 -- Fruition Partners, the leading provider of technology-enabled solutions for the service management sector, and a ServiceNow (NYSE: NOW) Master Solutions Partner, today announced the acquisition of Manta Group Limited, Canada's only full-service ServiceNow partner and authorized training provider. The move, following closely on the heels of the July 2014 acquisition of UK-based Partners in IT, continues to entrench Fruition Partners as the leading global provider of IT Transformation, Service Management and Cloud System Integrations. The combined company is ideally positioned for continued growth in the cloud professional services market, estimated to grow by $11.6 billion from 2013 to 2016, according to IDC Research. The purchase was completed on January 15, 2015.
Commenting on the acquisition, Patrick Stonelake, co-founder and chief growth officer of Fruition Partners, said: "Fruition Partners continues to realize the market potential in the global cloud professional services market and actively looks for the right partnership and acquisition opportunities. As a leading player in the Canadian management consulting and ServiceNow market, Manta Group represents the ideal qualities that we are seeking in a partner: financial strength, solid growth, incredible people, breadth and depth-of-experience in IT transformation, ServiceNow expertise, a similar entrepreneurial and innovative culture, and an extensive list of blue-chip customer relationships."
Acquisition highlights:
ServiceNow's Dean Hervey, director of partners for the Americas, shared: "ServiceNow is enthusiastic about the value that the acquisition will bring to customers. We anticipate that together Fruition Partners and Manta Group will enhance and extend their range of enterprise services to drive new levels of efficiency for Canadian customers in particular."
Will O'Brien, founder and managing director of Manta Group, added: "By working together, we will be able to invest more in developing new solutions, methodologies and technologies to better meet the needs of our diverse and demanding customer base which will in turn enhance our market leading position. We share Fruition Partners' culture and values, and believe that this acquisition will help us realize growth objectives in the Canadian market faster and with greater impact, providing significant opportunities for our employees and clients."
For more detailed information about the acquisition, refer to the frequently asked questions document at http://fruitionpartners.com/blog/manta-acquisition-faq.
About Fruition Partners
Fruition Partners is a global technology-enabled services firm focused on elevating Service Management to the cloud. The company combines practical experience with technology-enabled tools and services to help organizations attain success throughout the entire Service Management process. With more than 2,200 ServiceNow projects to its credit, Fruition Partners is a Master Solutions Partner of the leading enterprise IT cloud company. Fruition Partners team of over 300 cloud-integration experts accelerate service management and ensure clients experience the cost and performance benefits quickly and easily. The company is a trusted partner to some of the world's most respected organizations including Target, General Electric (GE), Delphi, Tulane University, Virteva, John Lewis, Boots, and various trusts within the UK National Health Service. For more information on Fruition Partners visit http://www.fruitionpartners.com, follow the company on Twitter @FruitionPartner or call:
In the US: 888-604-0055
In the UK: +44 (0) 1344 488123
About Manta Group Limited
Manta Group Limited is a management consulting firm specializing in organizational change, process design and service design for enterprise customers in Canada. In addition to robust advisory services, Manta Group has significant expertise in workflow automation solutions leveraging the ServiceNow platform. Manta Group's services have been used in many of Canada's largest companies covering financial services, public sector, energy and other markets. For more information on Manta Group Limited visit http://mantagroup.com or call: 866.626.8247.
Media Contact:
Noel Talluto
Media Relations, Fruition Partners
Email Contact
312.448.7054
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