LATEST / JUL 2026
GRIDIRON CAPITAL INVESTS IN CENTROIDSCOTT MORRELL CONTINUES AS CEOFOUNDED IN MICHIGAN · 1997

People / Enterprise technology

Scott Morrell’s long game: from barcodes to the cloud

The Centroid co-founder built his career around making Oracle systems work together. Nearly three decades after the company began, a new investment partner is backing its next expansion.

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A barcode is an admirably modest thing. It makes no speech about the future. It simply asks to be read correctly. For Scott Morrell, designing and deploying barcode integrations for Oracle E-Business Suite was part of his work at ClearOrbit, one detail in a much larger business story. There is something pleasing about that starting point: beneath the cloud services, acquisitions and investment announcements lies the practical matter of getting one system to speak to another.

Morrell is the co-founder and chief executive of Centroid, the technology services company established in 1997. His career has included a sustained focus on deploying and integrating Oracle E-Business Suite applications in the automotive industry. The credentials are concrete: a Bachelor of Science in computer science from the University of Michigan-Dearborn, a background in technology consulting, and experience with the software that keeps large organizations organized. The work comes with fewer curtain calls than a consumer app launch. The customers still expect everything to function on Monday.

Morrell is based in Northville, Michigan. Centroid’s headquarters are in nearby Troy. That Michigan connection sits comfortably beside the automotive specialization, although the business he helped establish now reaches well beyond a single industry or country. The distance between barcode integration and cloud infrastructure sounds considerable. The connecting thread is straightforward: businesses need their applications, information and underlying technology to cooperate. Morrell has spent his career in that often awkward space between buying software and getting useful work out of it.

ONE CAREER, A CONNECTING THREAD
IntegrateBarcode systems & Oracle applications
OperateConsulting & managed cloud services
ExpandSpecialist teams & wider reach
The technologies change. The work of connecting them continues.

1997 was the opening chapter

Centroid began as an Oracle consulting services business. Morrell’s fellow founders include Eric Reed and Jim Brull, both still associated with its leadership. The company’s later expansion can make that original focus seem small, but specialization has remained central to the business. Oracle is the recurring name through the changes in infrastructure, delivery and ownership. A long professional relationship can be an asset in a market where every new product announcement seems to require a new vocabulary.

The partnership also gives Morrell’s story a cast beyond the chief executive’s chair. Brull’s remit has included sales and marketing; Reed’s has included strategy and pursuits. Other leaders bring expertise in operations, architecture, managed services and applications. As a business grows, knowing how to deploy an application and knowing how to build the organization that supports it become different jobs. Centroid’s leadership structure reflects that spread of responsibilities. Morrell remains the CEO within a business whose work depends on many kinds of technical and commercial judgment.

His computer science education supplies another concrete part of the picture. The degree connects the executive role with a technical grounding; the Oracle deployment and integration experience makes that connection specific. A CEO’s biography can sometimes become a parade of titles. In Morrell’s case, those earlier kinds of work help explain the subject matter of the business he leads. The applications and their connections have remained visible even as the announcements have grown more financial.

The company’s record includes appearances on the Inc. 5000 in 2014, 2015, 2016 and 2024. Those dates give the growth story a useful rhythm. There was expansion before the more recent investment partnerships, and recognition returned years later. A list position is a snapshot, rather than a character reference. Taken together, the dates show that Centroid’s development has crossed several business cycles. For a founder still running the company, the passage of time is part of the achievement.

THE LONG VIEW / SELECTED MILESTONES
  1. 1997Centroid is founded
  2. 2021VSS growth investment
  3. 2022Guardian Eagle acquisition
  4. 2024Intelletive & Qbit acquisitions
  5. 2026Gridiron investment

Capital arrives with a to-do list

In May 2021, VSS Capital Partners announced a growth investment in Centroid. Morrell described the opportunity in terms of businesses moving their enterprise resource planning systems into the public cloud over the following five to ten years. It was a patient market thesis by the standards of technology’s impatient conversation. Customers with established enterprise systems cannot conduct every change as if they were starting with an empty laptop. They bring existing applications, contractual obligations and operational routines along with them.

Morrell’s role in that announcement matters because it places his own expectations on the record. He was looking at a transition measured in years. For a founder whose company had already existed for more than two decades, that time horizon had a certain consistency. The opportunity he described involved helping established organizations change how they ran important applications. It called for specialized knowledge, and for a services business capable of supporting the change over time.

The business proposition was therefore broader than completing a migration. Centroid offered consulting, engineered solutions and managed cloud services. Multi-year contracts and recurring work were part of the attraction. Once an application has moved, somebody still has to manage it. That continuing responsibility gives this kind of services company a different pace from the launch-and-leave version of technological progress. It also helps explain why the story of Morrell’s company is full of partnerships and additional capabilities rather than a single dramatic product unveiling.

By July 2026, the five-year investment period had produced some measurable changes. VSS reported that revenue and EBITDA had tripled during its holding period. It also described a sales team that had expanded from ten people to twenty-five, four acquisitions, and a continuing move toward recurring revenue. These are company-level figures, and the growth was the work of an organization. For Morrell, they mark the period in which a long-established consulting business added the people and capabilities to operate at a larger scale.

FIVE YEARS WITH VSS / 2021-2026
3×Revenue & EBITDA
4Acquisitions
Company figures reported by VSS at its July 2026 exit. Revenue and EBITDA are relative changes; absolute amounts were not disclosed.

Buying capabilities, one team at a time

The acquisitions make the expansion easier to understand. Guardian Eagle, acquired in June 2022, brought database security expertise and a team based across the United States. Its headquarters were in St. Petersburg, Florida, and its specialties included business continuity, replication and performance tuning. Morrell highlighted the additional capacity and southeastern presence. The logic was practical: a company helping customers move and run important systems could offer more of the expertise needed to protect those systems too.

In March 2024, Centroid acquired Intelletive. This time, the added capabilities included software and infrastructure deployment automation, full-stack development, artificial intelligence and machine learning. Intelletive also brought m9sweeper, an open source Kubernetes security platform. The names are more technical than the underlying commercial idea. Customers building and operating software need help across several connected disciplines. Bringing another specialist team into the business extended the range of work Centroid could address.

Morrell’s comments about the Intelletive deal included an emphasis on shared values and the treatment of customers and employees. Such language is easy to put in an announcement; making it survive an integration is an ongoing management task. The significance here is what he chose to stress alongside the technical capabilities. His stated ambitions for expansion included the people joining the company. The transaction added a team, with its own experience and practices, as well as a longer list of services.

Qbit followed in June 2024. Headquartered in Buenos Aires, with additional offices in Chile and Peru, it brought experience across Oracle ERP products and a Latin American presence. Morrell spoke about expanding the geographic reach and deepening industry and technical expertise. The sequence is revealing without needing a grand theory: Guardian Eagle added security capabilities, Intelletive added development and automation expertise, and Qbit expanded the company’s applications capabilities and regional reach. Growth acquired a more specific meaning with each deal.

Newport Beach, January 2025

For all the infrastructure language, the company still gathers in ordinary rooms. In January 2025, Centroid shared photographs from its annual sales kickoff in Newport Beach, California. The meeting included a return appearance by speaker Garrett Unclebach, whose session concerned building a winning culture. The pictures show presentations, laptops and colleagues listening around tables. It is a useful antidote to the impression that a cloud services company conducts its entire existence somewhere above the weather.

Morrell left a short, enthusiastic comment praising the session and its perspective. It is a small public moment, but a more human one than a transaction announcement: the CEO responding to a meeting that involved the team. There is no need to decorate it with an invented leadership ritual. The documented scene is enough. A company with expanding sales ambitions was spending time bringing its sales organization together, and its chief executive was publicly engaged with the occasion.

Centroid collage showing Garrett Unclebach presenting and colleagues seated at the 2025 Newport Beach sales kickoff
Cloud company. Ground-floor conversations. Centroid’s 2025 Newport Beach sales kickoff, with speaker Garrett Unclebach. Photograph: Centroid Systems.

Another partner, the same unfinished job

July 2026 brought the next investment chapter. Gridiron Capital announced its partnership with Centroid on July 15, as VSS announced its exit. The terms were private. The intended work was public: expand sales, broaden the solutions offered, deepen industry expertise, and pursue growth both within the business and through acquisitions. For Morrell, the announcement arrived nearly thirty years after the company’s founding. Experience had become something a new financial partner wanted to build upon.

“We are proud of the business our team has built,” Morrell said. His accompanying comments emphasized continued investment in people, expanded capabilities and helping customers obtain value from Oracle Cloud Infrastructure. The emphasis fits the career that came before it. The technology has changed, and the company now has a wider map and a larger set of responsibilities. The customer’s underlying question remains recognizable: how do we make all of this work together?

“We are proud of the business our team has built.”

Scott Morrell · July 2026

That question gives Morrell’s career its shape. Barcode integrations, enterprise applications, database security, cloud migration and managed services belong to different chapters of the same practical business problem. The next expansion will bring its own execution demands. Meanwhile, the barcode offers a rather good closing image. It has never promised to transform civilization. It waits to be read, and then it must return the right answer. In enterprise technology, there are less useful standards to keep.

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