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1/1/2015 - LPA Systems to Operate Under New Leadership

January 1, 2015

LPA Systems to Operate Under New Leadership

ROCHESTER, N.Y., January 1st, 2015 – LPA Systems, Inc., a full-service IBM Premier Business Partner, recently announced that it will operate under new ownership and leadership beginning in 2015. A small group of partners lead by Jim Carrick have acquired LPA Systems, Inc. and created LPA Software Solutions LLC.

LPA is a nationally known business analytics solution provider, headquartered in Rochester, N.Y with offices in Dallas, Houston and the Great Lakes region. It currently services more than 150 client accounts ranging from multi-billion dollar Fortune 500 companies to Mid-Market firms with fewer than 50 employees. LPA specializes in reselling and implementing business analytics products such as Cognos BI, TM1 financial performance management, SPSS predictive analytics, and ESRI location analytics. In addition, LPA has expertise in Big Data analytics using IBM’s Pure Data System, powered by Netezza.

LPA Systems, Inc. was founded by current owners Donald Soule and Katrina Adams. LPA Software Solutions will be owned and operated by a new leadership team spearheaded by Carrick as CEO, Betty Wall, vice president of business development and strategy, and Kevin Bryans, executive vice president and CFO. Don Soule will remain as president and Katrina Adams will continue as vice president of operations. All existing LPA Systems sales and consulting staff will transfer to the new LPA Software Solutions effective January 1st, 2015.

“I’m delighted to have met Jim and his team and even more excited that they are joining with us to help in moving LPA to the next level. Jim recently built a company that was #1 in customer satisfaction for its industry, and I know that the historical LPA commitment to customer success will be carried forward under the new team’s leadership,” said Don Soule.

LPA has seen consistent growth year over year and anticipates making significant expansions into new markets and additional IBM product areas with this change in leadership.

Prior to purchasing LPA Systems, Carrick was the Chairman of the Board of Directors at Polaris Library Systems, which grew from $11M to $18M in sales under his leadership. Prior to that, Carrick was the CEO and president of Strategic Computer Solutions (SCS), which grew from $18M to $140M in sales during his tenure and won 2 IBM Beacon awards. Before joining SCS, Carrick spent 19 years at IBM in various sales and management positions.

Carrick is excited to be leading the LPA team, saying, “The customer centric culture and value system currently in place at LPA is very well aligned with the new leadership team. I look forward to working with LPA management, leveraging both their extensive technical and sales skills, combined with the IBM experience this collective team has, as we continue to build on the existing plans Don and Katrina have defined for LPA Software Solutions. Every client is trying to gain more value from their data, predict future events and act proactively to drive better business outcomes and our solutions give them the tools to make those things happen.”

Wall also has extensive involvement in IBM as a former sales executive and cloud computing business development executive. Betty’s role as vice president of business development and strategy will be to lead LPA in building a solid growth plan bringing the company to new markets which require new software and services solutions.

“Clients need to unlock the business value of their information for real-time decision making. The talent at LPA is very broad and deep, and the firm is well positioned to capture market growth in adjacent technology spaces and new geographies. In leveraging its sales and consulting talent in analytics and performance management, LPA will be able to provide enhanced value to current and new clients,” Wall said.

LPA currently employs more than 35 consultants nationwide, most of whom are certified IBM practitioners in the business analytics space. With that capable team, LPA delivers services all across the United States.

Katrina Adams recently stated, “I’ve worked extremely hard over the years to build and grow LPA to become an exciting place to work and a solid business which delivers excellent products and services to its customers. It gives me great pleasure to be working side-by- side with such a capable team who possess the same values upon which LPA was built. Our consulting team is excited for the opportunity to capture growth from the addition of new markets and the entry into new IBM solution spaces.”

For more information about this transaction, please visit http://lpa.com

Media Contact:

Matt Corridoni

(585)419-3940

marketing(at)lpa.com