Stonebranch, a premier provider of service orchestration and automation solutions, today announced a significant minority investment from EMH Partners, a growth investment firm specializing in technology sectors.
This partnership aims to bolster Stonebranch’s platform enhancements, organic growth, and geographic expansion.
Under the new agreement, EMH Partners will acquire a substantial minority stake, while Elvaston will retain majority ownership. Details of the financial terms were not disclosed.
Giuseppe Damiani, CEO of Stonebranch, expressed enthusiasm about the partnership, highlighting the shared vision and customer-centric focus between the two companies.
“This investment represents a milestone for Stonebranch as we continue to innovate and redefine industry standards in IT automation and orchestration,” said Damiani.
Jens Zuber, Partner at EMH, noted Stonebranch’s role as a leader in modernizing IT automation for enterprises.
“Our collaboration will further enhance the ability of enterprises to manage their complex hybrid IT environments,” Zuber added.
Dr. Oliver Thum, Managing Partner at Elvaston, affirmed their continued support for Stonebranch’s strategic direction.
“EMH is a crucial ally in advancing our mission of democratizing IT automation,” Thum stated.
Stonebranch, headquartered in Alpharetta, Georgia, and Frankfurt, Germany, offers the Universal Automation Center (UAC), which facilitates comprehensive automation and orchestration across various IT infrastructures.
The platform is instrumental for IT operations, developers, data teams, and cloud operations groups, supporting over 350 prominent global enterprises.
Recognized by Gartner in their Market Guide for Service Orchestration and Automation Platforms, Stonebranch continues to be a leader in enterprise IT automation.
The transaction is expected to close following customary regulatory approvals.
Arma Partners served as the exclusive financial advisor to Stonebranch, with Managing Partner Paul-Noël Guély noting, “We are proud to support Stonebranch during this transformative period and are excited about its future prospects and continued leadership in enterprise IT automation.”
PEVCJournal.com