Deal Details
SIG Is Acquired by Ridgemont
Summary
SIG Intermediate, LLC ("Strata Information Group” or "SIG”), a portfolio company of Fort Point Capital, LLC ("Fort Point”), has been acquired by Ridgemont Equity Partners ("Ridgemont”).
Baird served as exclusive financial advisor to SIG on this transaction.
About
Strata Information Group is a leading provider of IT services to higher education institutions. SIG offers comprehensive technology consulting solutions, including software implementation, cloud migration, digital transformation, cybersecurity, database administration and ongoing support services. SIG is headquartered in San Diego, California.Fort Point is a private equity firm that employs a management-led, growth-oriented approach to private equity investing. Since its inception in 2011, Fort Point has partnered with founders and management teams to accelerate growth, expand service offerings, access new markets and support follow-on acquisitions. With a portfolio that reflects over 50 acquisitions, Fort Point continues to deliver enduring value to its partners, employees and shareholders. Fort Point is headquartered in Boston, Massachusetts.
Ridgemont is a middle market private equity firm that has provided buyout and growth capital to industry-leading companies in the business and tech-enabled services, industrial growth and healthcare sectors for three decades. The principals of Ridgemont have refined a proven, industry-focused model designed to build distinctive middle market companies. Ridgemont is headquartered in Charlotte, North Carolina.
CONTACT US TO LEARN MORE
- Date
- January 2025
- Company
- SIG Intermediate, LLC
- Transaction
- M&A - Sellside
- Sectors
- Technology & Services
- Verticals
-
IT Services, Security & Infrastructure
- Target Geography
- North America
- Acquiror Geography
- North America
Share