Syniti and Data Migration Resources merge to accelerate value and innovation for the digital transformation of the company

– The organization is uniquely positioned to solve the complex data challenges that transform customers into efficient digital businesses with a combined IP portfolio, an extensive global footprint and the world’s largest collection of data scientists

– The AI-powered platform converges a comprehensive set of enterprise capabilities spanning data management, analytics and governance

– The company will operate under the Syniti brand, with Bridge Growth Partners, LLC as the majority shareholder

BOSTON, May 4, 2021 / PRNewswire / – Syniti, a global leader in enterprise data management, and Data Migration Resources, Inc. (DMR), a proven provider of high-quality data to leading global organizations, today announced that they have come together to uniquely address the growing needs of businesses for holistic and strategic enterprise data management. With globally trusted technology and the expertise of thousands of successful releases, the organization provides unique solutions that quickly translate data into valuable information, helping businesses grow faster, reduce risk, and increase revenue. competitive advantage. It will operate under the name Syniti with Bridge Growth Partners, LLC as the majority shareholder.

“Syniti represents the next generation of enterprise data management,” said Kevin campbell, CEO of Syniti. “Together, we are well positioned to deliver the highest levels of data quality with AI-powered solutions ranging from migration and quality to master data management and metadata management. This gives our customers and partners the unique advantage of leveraging a single global supplier to solve challenges along the data journey. ”

Combined technology to fuel digital transformation
According to a recent study by Gartner1, digital transformation is creating modern data and analytics use cases that won’t be sufficiently satisfied by point-based tools. The combined solution portfolio of Syniti Knowledge Platform ™, DMR CONCENTO ™ Rapid Data Governance (RDG) and other powerful software solutions provides customers and partners with the aggregated and integrated capabilities needed to meet evolving business and IT needs .

“We are excited to bring together and rapidly evolve a very distinct platform of solutions and expertise unlike anything in the enterprise data management space,” said Alok singh, CEO of Bridge Growth Partners. “Digital transformation is driving change across all industries and businesses must meet increased data quality needs to support growth and manage competitive pressure. “

Ryan rodenburg, CEO of DMR, said, “The value of enterprise data has never been higher. There is a unique opportunity created by combining these organizations as we unite the best of the best: cutting edge innovation supported by top data talent to empower data trust and deliver unique and highly valuable business results for our customers and partners. “

Vast track record of success
Prior to operating as a single entity, the two companies shared complementary capabilities, including several years of successful experience in the SAP ecosystem, as well as several advanced capabilities and SAP certified solutions.

Together, Syniti will further strengthen its enterprise data leadership and global reach, and will continue to work closely with industry-leading companies and leading global systems integrators.

Transaction Information
The merged company will be managed by Kevin campbell, current CEO of Syniti. Ryan rodenburg, current CEO of DMR, will join Syniti’s management team as EVP and NA COO. Bridge Growth Partners, LLC remains the majority shareholder. To learn more about the organization, please visit Syniti Where DMR.

About Syniti
Syniti solves the world’s most complex data challenges by uniquely combining intelligent AI-powered software and extensive data expertise to deliver confident and superior business results. For more than 25 years, Syniti has partnered with Fortune 2000 to unlock valuable insights that propel growth, reduce risk and increase their competitive advantage. Its comprehensive platform of end-to-end capabilities covers data conversion and quality, data archiving and replication, master data management, analytics, information governance and business strategy. data. Syniti is a holding company of the private equity firm Bridge Growth Partners LLC. Read more on www.Syniti.com.

About Data Migration Resources, Inc.
DMR helps the world’s leading organizations meet the challenge of SAP data management. We provide specialized tools and professional services that support SAP data migration, SAP data quality, and SAP master data governance. DMR helps our customers move data “off the critical path” of their SAP journey, and we enable our customers to achieve data-driven business results using SAP solutions for EIM.

All statements contained in this press release that are not historical facts are forward-looking statements as defined in the United States Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in the documents filed by SAP with the US Securities and Exchange. Commission (“SEC), including its most recent annual report on Form 20-F, which could cause actual results to differ materially from expectations. SAP cautions readers not to place undue reliance on these forward-looking statements, which SAP has no obligation to update. and who only speak of their dates.

SAP and other SAP products and services mentioned in this document and their respective logos are trademarks or registered trademarks of SAP SE at Germany and other countries. Please watch https://www.sap.com/copyright for additional trademark information and opinions. All other product and service names mentioned are trademarks of their respective companies.

On Bridge growth partners
Bridge Growth Partners, LLC is a private equity firm that targets investments in the technology and technology services industries. Bridge Growth Partners brings together top investment, finance, strategy and operations talent into one team. The company is committed to investing in relationships, with a focus on supporting growth, operational excellence and world-class governance in its portfolio companies to create value for Investors. For more information on Bridge Growth Partners, please visit http://www.bridgegrowthpartners.com/.

1 De Simoni, G., Chien, M., Jain, A., Zaidi, E. (2021). Modern data and analytics requirements Demand a convergence of data management capabilities. Gartner. https://www.gartner.com/en/documents/3957246/modern-data-and-analytics-requirements-demand-a-converge

SOURCE Syniti

Sean N. Ayres