Bridge Growth Partners
From Wikipedia, the free encyclopedia
- Joseph M. Tucci (chairman and co-founder)[2]
- Alok Singh (CEO and co-founder)[3]
- Alison Catchpole (Chief Financial Officer and Chief Compliance Officer)[3]
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| Industry | Private equity fund |
|---|---|
| Founded | 2013[1] |
| Headquarters | , |
Key people |
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| Website | www |
Bridge Growth Partners (est. in 2013) is an American private equity fund that invests in technology and financial services companies.[4] Bridge Growth's portfolio holdings include BackOffice Associates, Accedian, Finalsite, Salient CRGT, and Solace Corporation.
In November 2014, Bridge Growth acquired CRGT, a systems integrator based in Reston, Virginia, a deal reportedly valued at $255M.[5] In August 2015, CRGT was merged with Salient to form Salient CRGT.[6]
In April 2016, Bridge Growth Partners acquired Solace Systems, a developer of middleware software and messaging appliances, in a leveraged buyout.[7][8] The company would subsequently be renamed Solace Corporation. In September 2016, the firm invested in Finalsite, a provider of online learning and communications products, based in Glastonbury, Connecticut.[9]
In March 2017, it announced a majority equity investment in Accedian, based in Montreal, Canada, which develops service assurance and performance monitoring solutions for communications service providers.[10] In August 2017, Bridge Growth Partners announced the purchase of Goldman Sach's stake in BackOffice Associates, a data services firm. After the deal Bridge Growth became the majority stakeholder with Goldman Sachs, SAP, and management team members holding the remaining equity.[11][12]
