Alantra is pleased to announce that Denovo, a digital transformation and managed services provider with a specialized focus on Oracle ERP infrastructure, cloud migration, and enterprise system support, was acquired by Argano, a global specialist consultancy backed by Trinity Hunt Partners. The transaction closed in Q1 2026, and the deal value was not disclosed. This marks the 12th Oracle Services transaction advised by Alantra’s banking team over the past decade.
Established in 2003, Denovo is a trusted partner to organizations running Oracle’s and JD Edwards (JDE) platforms. The company specializes in migrating and supporting ERP platforms on Oracle Cloud Infrastructure (OCI) and delivers long-term managed services spanning infrastructure operations, hosting, and system administration. Supported by a team of deeply Oracle-certified professionals, Denovo helps clients maintain system stability, operational resilience, and scalable performance through flexible deployment models across private cloud and hybrid environments, among others. The addition of Denovo’s deep OCI and managed services expertise and its extensive JDE client base meaningfully expands Argano’s Oracle Cloud capabilities, creates new opportunities to deliver application services into a captive JDE install base, and accelerates clients’ modernization pathways to Oracle Fusion.
“We are pleased to have advised on a transaction that brings together two highly complementary organizations in the Oracle ecosystem, combining Denovo’s deep expertise supporting JDE Edwards, implementing Oracle Cloud Applications and providing next generation managed services with Argano’s global consulting platform,” said Michael Lenoce, Partner at Alantra. “We congratulate the Denovo, Argano, MC Partners, and Trinity Hunt teams and look forward to seeing the platform continue to expand its capabilities in support of Oracle customers’ modernization journeys.”
“Joining Argano marks an exciting next step for Denovo and our clients,” said Mark Goedde, President & CEO of Denovo. “Our team has always been focused on helping organizations run their Oracle environments with confidence and reliability. As part of Argano, we can extend that focus while giving clients access to a broader range of services aligned to their evolving needs.”
“Building on our already comprehensive Oracle practice, this acquisition further expands our ability to deliver end-to-end transformation across Oracle Cloud Applications and Infrastructure − from strategy and implementation through OCI-enabled managed services,” said Chip Register, Group CEO of Argano. “By adding Denovo’s expertise in managing complex Oracle environments, we are strengthening our ability to support clients across the full ERP lifecycle.”
Alantra acted as exclusive financial advisor to Denovo – further establishing Alantra’s leadership in M&A advisory to Oracle partners and the wider enterprise application and managed services space. Notable transactions include advising SpearMC on its acquisition by Mythics, a portfolio company of One Equity, Eclipsys Solutions on its acquisition by DSP, a portfolio company of LDC, and Inoapps on both its acquisition of Tier1 and its growth investment from Abry Partners
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