Press Release: EPI-USE Labs acquires an equity stake in Evolutio
Posted on May 2, 2019
Atlanta, GA and Chicago, IL – May 1, 2019.
EPI-USE Labs acquires an equity stake in Evolutio
EPI-USE Labs and Evolutio announced today that they have entered into a strategic partnership and that EPI-USE Labs has acquired a significant equity interest in Evolutio.
The two companies first established a partnership to jointly develop software to integrate SAP deployments into the AppDynamics and Splunk platforms. They realized, early on, that they have powerful complementary skill-sets and began working on a more substantive relationship, leading to this transaction. “EPI-USE Labs is a tailor-made partner for Evolutio,” said Adam Ties, CEO and cofounder of Evolutio. “Their vast experience, seasoned technical expertise, and expanding global footprint will give us an immediate opportunity that we would never have been able to achieve on our own. Throughout the evaluation of this potential partnership, the clear alignment of core values and overall shared ethos has left our team collectively humbled by the privilege to move into the next chapter of Evolutio’s journey alongside EPI-USE Labs.”
As part of this strategic partnership, the companies will jointly develop software and services that allow SAP clients to integrate with AppDynamics and Splunk. Evolutio will also use the global business platform of EPI-USE Labs to expand internationally. Jan van Rensburg, SVP of Security and Privacy at EPI-USE Labs, said, “From the start, I was immensely impressed with the people at Evolutio and enjoyed working with them. They have exceptional technical depth and moral character, and the company has a unique business model. They have a rare ability to use AppDynamics and Splunk to drive revenue and reduce costs for their enterprise clients by standardizing the deployment of these data platforms across many applications and groups. We’re excited to bring this capability to our clients who use SAP, to reduce the gap that exists between SAP and enterprise IT and Security teams.”
Laura Vetter, CTO and cofounder of Evolutio, is equally enthused by the new partnership. “Partnering with EPI-USE Labs is an extraordinary opportunity for Evolutio to leverage our skills to branch out from adoption consulting and technical expertise to build a broad toolset surrounding our core capabilities, AppDynamics and Splunk. These enriched capabilities will better serve our overall adoption model and our large enterprise clients for years to come. We couldn’t be more excited about what this partnership means for the future of Evolutio.”
About EPI-USE Labs (https://www.epiuselabs.com): EPI-USE Labs provides software and services to enhance the performance, security, and management of their clients’ SAP® systems. Their software, value-added solutions, and managed services create better, more powerful and secure SAP systems used by more than 950 SAP clients worldwide.
About Evolutio (https://www.evolutiops.com): Evolutio is an early-stage business, founded in May 2018 by Adam Ties and Laura Vetter, and is headquartered in Chicago, Illinois. Evolutio operationalizes data platforms like AppDynamics and Splunk to monitor, troubleshoot and secure enterprise systems. By integrating application performance and information security monitoring into operations, Evolutio’s clients get a powerful strategic overview of the impact of system performance and incidents on costs and productivity. Evolutio has enjoyed rapid success, having already secured multi-year licensing and services agreements with marquee clients.
About groupelephant.com (https://groupelephant.com): EPI-USE Labs, and now Evolutio, are proud members of the groupelephant.com family. groupelephant.com is a largely employee-owned group of boutique services and software companies. The Group employs more than 2,000 people in 30 countries spanning the Americas, the United Kingdom, Continental Europe, the Nordics, the Asia-Pacific region and Africa. groupelephant.com also owns and funds a non-profit entity called Elephants, Rhinos & People (ERP) focusing on the preservation of at-risk elephants and rhinos through the economic upliftment of rural people in areas adjacent to these threatened species. (https://erp.ngo).