Bridge Growth Partners (est. in 2013) is an American

private equity fund A private equity fund (abbreviated as PE fund) is a collective investment scheme used for making investments in various equity (and to a lesser extent debt) securities according to one of the investment strategies associated with private equity ...

that invests in technology and financial services companies. Bridge Growth's portfolio holdings include BackOffice Associates,

Accedian Accedian is a Canadian company that develops network communication and application monitoring software and hardware. Headquartered in Montreal, Canada, Accedian is majority owned by Bridge Growth Partners. History Accedian was founded by Patric ...

, Finalsite,

Salient CRGT GovCIO, previously Salient CRGT, Inc, is an American private firm that provides health analytics, cloud services, Agile software development, mobility services, cyber security, data analytics, and infrastructure optimization to civilian, defense, ...

, and

Solace Corporation Solace (formerly Solace Systems) is a middleware company based in Kanata / Ottawa, Ontario Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has h ...

History

In November 2014, Bridge Growth acquired CRGT, a systems integrator based in

Reston, Virginia Reston is a census-designated place in Fairfax County, Virginia and a principal city of the Washington metropolitan area. As of the 2020 U.S. Census, Reston's population was 63,226. Founded in 1964, Reston was influenced by the Garden City movem ...

, a deal reportedly valued at $255M. In August 2015, CRGT was merged with Salient to form

. In April 2016, Bridge Growth Partners acquired Solace Systems, a developer of middleware software and messaging appliances, in a leveraged buyout. The company would subsequently be renamed

. In September 2016, the firm invested in Finalsite, a provider of online learning and communications products, based in

Glastonbury, Connecticut Glastonbury ( ) is a town in Hartford County, Connecticut, United States, formally founded in 1693 and first settled in 1636. It was named after Glastonbury in Somerset, England. Glastonbury is on the banks of the Connecticut River, southeast o ...

. In March 2017, it announced a majority equity investment in

, based in Montreal, Canada, which develops service assurance and performance monitoring solutions for communications service providers. 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 Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, H ...

SAP Sap is a fluid transported in xylem cells (vessel elements or tracheids) or phloem sieve tube elements of a plant. These cells transport water and nutrients throughout the plant. Sap is distinct from latex, resin, or cell sap; it is a separ ...

, and management team members holding the remaining equity.

Key partners

* Joseph Tucci * Sander Levy * Alok Singh * Tom Manley

References

External links

* Financial services companies established in 2013 2013 establishments in New York City Private equity firms of the United States {{US-private-equity-company-stub

History

Key partners

See also

References

External links