July 8, 2019

Edison, NJ, (July 8, 2019) – Avaap, an NMS Capital (“NMS”) portfolio company, announced today that it has acquired Navigator Management Partners (“Navigator”), a cross-platform management and technology consulting firm specializing in ERP systems, business intelligence (BI), and change management. Navigator CEO Dave Schoettmer and other members of the Navigator management team will continue to be equityholders in Avaap alongside Avaap President and CEO Dhiraj Shah and NMS Capital. Navigator, headquartered in Columbus, OH, is a cross-platform management and IT consulting firm specializing in ERP system implementations with heavy focus on business intelligence and analytics, business analysis and process optimization, IT strategy, and organizational change management.

“The acquisition of Navigator is a landmark step in Avaap’s strategic development,” said Dhiraj Shah, President and CEO, Avaap. “Digital transformation, migration to the cloud, and other industry disruptions are increasing the need for customers to seek an experienced partner that understands their business, not just the technology. Our focus is to have the leading market share in the industries we serve by providing superior end-to-end capabilities. This acquisition, along with the continued support from our capital partner, NMS Capital, and the new partnerships we inherit, allow us to support our growth goals and extend that commitment to our largest assets; our customers and employee citizens.”

Dave Schoettmer, Navigator CEO commented, “We are two growing and profitable companies, both passionate about our shared vision and values. Joining together puts us in a stronger position to build for the future faster and better than before, combining a massive breadth of experienced resources across multiple ERP platforms, as well as BI and change management expertise. The acquisition will allow our existing and new customers to have access to some of the best people and technologies available to address their critical missions and our employees willbenefit from greatly expanded growth opportunities as part of the new company. We see strong opportunities for growth and the combined organization will enable us to have the team and resources to do so.”

Martin Chavez, NMS Co-Founder and Managing Partner remarked, “We are very excited about the partnership between Avaap and Navigator and the overall growth prospects of our newly combined organization going forward. The combination with Navigator extends Avaap’s leadership position amongst mid-market technology and management consulting firms and expands its capabilities to a best-in-class cross-platform technology advisory and management consulting firm serving businesses in healthcare, retail, higher education, non-profit, government, manufacturing, and other commercial industries.”

Together, the combined organization will have over 400 consultants serving customers in at least 35 countries. Avaap will now provide management and technology consulting services across all major ERP ecosystems; Infor, Workday, Oracle, SAP, Tableau, Cloudera, Alteryx, Snowflake, and Prosci. Clearsight Advisors represented Navigator as a sell-side advisor on the transaction.

About Avaap

Avaap is an industry-focused advisory services and IT management consulting firm. Headquartered in Edison, N.J. with global offices and customers around the world, Avaap has deep expertise in healthcare, retail, fashion, manufacturing and distribution, and other industries. Avaap has earned numerous industry accolades, including being named on Computerworld’s list of 100 Best Places to Work in IT since 2014; recipient of Infor’s Alliance Partner of the Year award since 2014 as well as winner of several other Infor partner awards; KLAS 2017 Category Leader for Revenue Cycle Optimization; five year honoree on the Inc. 500, recipient of NJBIZ 50 Fastest Growing Companies since 2015, and multi-year recipient of Becker’s Healthcare and Modern Healthcare’s Top Places to Work awards. Avaap’s culture is powered by passionate people who are relentless in driving customer satisfaction. To learn more, visit www.avaap.com.

About Navigator Management Partners

Navigator Management Partners, located in Columbus, OH, is a cross-platform management and IT consulting firm specializing in ERP system implementations with a heavy focus on business intelligence and analytics, business analysis and process optimization, IT strategy, and organizational change management. Navigator has received dozens of industry awards acknowledging its status as a rapidly growing company, a best place to work, and an active participant in corporate philanthropy. Founded in 2001, Navigator maintains strategic partnerships with market-leading cloud applications, including Workday, Oracle, SAP, Tableau, Cloudera, Alteryx, Snowflake and Prosci®. Visit navmp.com to learn more.

About NMS Capital

NMS Capital is a New York headquartered private investment firm specializing in strategic equity investments and leveraged buyouts of lower middle market companies. The Firm was formed through the spin-out of a group of portfolio companies from the Goldman Sachs Merchant Banking Division. NMS focuses on companies headquartered in the U.S. poised to benefit from sustainable growth trends with particular concentration on companies in Healthcare Services and Specialized Business Services. For additional information on NMS, visit the firm’s website at nms-capital.com.

Contacts:

Melissa Prusher
Vice President, Marketing
732-710-3425
Melissa.prusher@avaap.com

Noel Jeon
Principal
NMS Capital
(212) 422-7099
njeon@nms-capital.com