Stoneridge Software Expands Internationally Through Acquisition of Canadian Microsoft Partner, Prophet Business Group

By Leah Baker | November 3, 2021

Stoneridge Software acquires Prophet Business Group

Stoneridge Software announces the acquisition of long-time Canadian Microsoft Dynamics partner and IT consulting firm, Prophet Business Group. For more than 25 years Prophet has served clients in Winnipeg, MB and beyond through implementation and support of Microsoft Dynamics GP business software and IT services. Prophet also offers Dynamics CRM and Dynamics 365 Business Central consulting and services.

The combination of Stoneridge and Prophet provides international opportunities for both firms and strengthens the company’s position as a leading Microsoft Dynamics partner in the mid-market space. The acquisition expands the Stoneridge Software consulting practice and adds 26 employees and 130 organizations to the Stoneridge community.

“Prophet’s passion for serving their clients is truly tremendous,” said Eric Newell, CEO of Stoneridge Software. “This a remarkable opportunity to bring on a team of talented consultants who already share similar values in caring for their client community. This merger allows us to both extend our service offerings to Stoneridge clients with more IT capabilities and provide a greater geographical reach for our clients who have locations in both US and Canada.”

Company leaders see many similarities between the two firms with like-minded core values, a focus on finding the right customer alignment, as well as cultural and regional synergies.

“I have always looked for ways to bring positive impact to our clients and provide a place where employees could grow and enjoy coming to work,” said Randy Wozny, Prophet President. “Merging with Stoneridge is part of that visionary path in providing a broader pool of expertise and offering more services. As a veteran Dynamics GP partner, we have always had strong regional ties to the Fargo area, so both geographically and philosophically this feels like a good fit.”

The acquisition was effective as of November 1, 2021.

About Stoneridge Software

Founded in 2012, Stoneridge Software is a Microsoft Gold and Inner Circle Partner with offices in Barnesville and Minneapolis, MN and Fargo, ND. As a business technology firm with specialties in Microsoft Dynamics 365, Dynamics AX, Dynamics NAV, Dynamics GP and Dynamics CRM, Stoneridge focuses on helping clients win through intentional leadership, thoughtful teaching, and eye-opening possibilities. Stoneridge has focused industry expertise in manufacturing, distribution, agriculture, construction and professional services.

About Prophet

Prophet Business Group started in 1995 as a Dynamics GP and IT service provider in Winnipeg, Manitoba over 25 years ago. Since then, it has grown into one of Western Canada’s leading Microsoft ERP providers and expanded into offering Dynamics CRM and cloud-based Dynamics 365 Business Central. Prophet believes that solutions matter more than software and it’s borne itself out time and time again.

For questions regarding this release please contact our team here.

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