Thursday, October 30, 2008
W. CONSHOHOCKEN, PA - October 30, 2008 - PricewaterhouseCoopers (“PwC”)
LLP announced an agreement to acquire substantially all the assets of
Entology, Inc., an enterprise technology solutions consulting firm and
the leader in implementing Oracle® Security Solutions. Entology has been
awarded the Oracle Titan Award for Excellence in Security and Identity
Management in 2006, 2007 and 2008. Entology CEO Lawrence R. Prager will
join PwC as a managing director and member of the firm's Oracle and
Security practices. Financial details of this transaction were not
publicly disclosed.
Fairmount Partners initiated this transaction and acted as exclusive
financial advisor to Entology, Inc.
Entology, Inc. (www.entology.com) specializes in developing
enterprise technology solutions that create business value for Fortune
1000 corporations. Entology's expertise includes content management,
document management, enterprise portals, identity management, security
services, collaborative solutions and business intelligence. As the
leading provider of Oracle identity management integration consulting
services, serving clients in the life sciences, media, financial
services, healthcare, transportation, hospitality, and retail
industries, Entology was awarded the Oracle Titan Award for Excellence
in Security and Identity Management for two consecutive years (2006 and
2007).
PricewaterhouseCoopers LLP (www.pwc.com) provides industry-focused
assurance, tax and advisory services to build public trust and enhance
value for its clients and their stakeholders. More than 146,000 people
in 150 countries across our network share their thinking, experience and
solutions to develop fresh perspectives and practical advice.
Fairmount Partners LP (www.fairmountpartners.com) is an independent
investment banking boutique focused on the needs of middle market and
emerging growth companies. We provide a complete range of investment
banking and capital advisory services for our clients including merger
and acquisition advisory, financing advisory, fairness opinions and
valuations and strategic advisory.