Bunker Hill Capital, a private equity firm with major investments in Vesta Partners, the leading SAP Enterprise Asset Management (EAM) services firm, and /N SPRO, the leading SAP Human Capital Management (HCM), SuccessFactors and Retail services firm, has created Rizing, LLC to serve as the parent company of Vesta and /N SPRO.
As part of this effort, Mike Maiolo has been named CEO of Rizing, Inc. In this role, Mike will lead the development and implementation of the global strategic plans with a strong focus on maximizing revenues and profitability for both Vesta and /N SPRO. Mike will continue in his role as CEO of Vesta.
“The purpose of Rizing is not to replace the Vesta or /N SPRO brands, but rather bring them together to create a clear and valuable platform for our customers,” stated Mike Maiolo, CEO of Rizing. “This will allow us to fully leverage the global synergies between Vesta and /NSPRO.”
To highlight the relationship, Vesta and /N SPRO will be respectively known as: “Vesta, a Rizing Company” and “/N SPRO, a Rizing Company.” The domain www.Rizing.com has been secured and serves as a gateway to the Vesta and /N SPRO websites and content.
“Vesta and /N SPRO are two key partners around SAP’s emerging technology services and solutions,” stated Rufus Clark, co-founder and Managing Partner of Bunker Hill Capital. “By creating Rizing, a cogent message will be delivered to SAP customers on the value proposition that these combined firms offer on a global scale.”
About Vesta, a Rizing Company
Founded in 2005, Vesta operates a functional and technical consulting practice focused on EAM solution architecture and configuration for customers in asset intensive industries. The functional consulting practice is focused on architecting and integrating SAP EAM modules, which help customers track, manage and report on capital asset usage, with expertise in utilities, mining, rail and oil & gas. In addition to its consulting services, the Company offers proprietary software solutions addressing niche EAM demands. As a leader in the EAM space and an SAP Select Consulting Partner, the Company is regularly hired by Fortune 500 customers to design and implement master IT roadmaps specifying enterprise application architecture and configuration. For more information, please visit www.vestapartners.com.
About /N SPRO, a Rizing Company
Founded in 2003, /N SPRO provides a high-value offering for the increasing market need of specialized consulting services in SAP’s emerging solutions area. As SAP AG continues to expand its solution portfolio, /N SPRO stays focused on being the leader of new SAP product innovation and gaining deep knowledge about new products ahead of mainstream market adoption. /N SPRO offers an elite team that is first to market and delivers high-quality consulting. They are driven to help customers achieve success with SAP software such as SuccessFactors, SAP for Retail, SAP mobile solutions and SAP HCM. As an end-to-end consulting services provider, /N SPRO offers business consulting that provides trusted guidance for maximum business impact, implementation services to help customers become a best-run business, and service desk assistance for continued business success. For more information, please visit www.n-spro.com.
About Bunker Hill Capital, L.P.
Bunker Hill Capital is a private equity firm that makes investments in lower middle market companies with enterprise values up to $120 million. The principals of Bunker Hill Capital have invested over $490 million in 32 transactions and target opportunities across four industry sectors including industrial products, business services, consumer products and specialty retail. Bunker Hill Capital’s current portfolio company investments include California Family Fitness, the leading owner and operator of fitness centers in the greater Sacramento, California area; Papa Gino’s/D’Angelo, a dominant quick service restaurant operator in New England; Smith & Wollensky, a premier steakhouse concept in the United States; SunBriteTV, the world’s leading designer, manufacturer and supplier of all-weather outdoor televisions and related accessories; Rizing, a leading SAP services firm; Dyno, the exclusive licensee of the Singer brand for sewing accessories and producer and marketer of holiday decorative home products; and Hubbardton Forge, a Vermont based premier designer and manufacturer of branded hand-forged premium lighting fixtures. For more information on Bunker Hill Capital, please visit www.bunkerhillcapital.com.