Strata Information Group received investment from Ridgemont Equity Partners to enhance their managed services for higher education, followed by the acquisition of BHA Technologies.
Strata Information Group received investment from Ridgemont Equity Partners to enhance their managed services for higher education, followed by the acquisition of BHA Technologies.
01/22/25, 11:32 AM
Location
san diegoIndustry
software
Investors
Ridgemont Equity Partners
Ridgemont Equity Partners has announced its investment in Strata Information Group, a leading provider of managed services for higher education. Following this investment, SIG has acquired BHA Technologies to further its expansion in the education sector.
Company Info
Location
san diego, california, united states
Additional Info
"Bringing together SIG and akaCRM creates a powerful combination," said Michael Brofft, Vice President at Fort Point Capital.Christina Pai, Partner at Fort Point Capital commented "Both companies' shared commitment to the higher education space as well as providing best in class service to their customers made this transaction a natural fit. We are excited to work with Brent and his team to expand our service offerings and customer base."CriticalPoint Partners advised Strata Information Group.
About Strata Information Group
Strata Information Group is a best-in-class provider of IT services to higher education institutions. The Company offers a range of services including software implementation, cloud migration, digital transformation, database administration and ongoing support services. To learn more, visit www.sigcorp.com.
About Fort Point Capital
Based in Boston, Massachusetts, Fort Point Capital is a private equity firm that invests in lower middle market, business services companies in partnership with strong management teams. Fort Point Capital is currently investing from FPC Small Cap Fund II. To learn more, please visit www.fortpointcapital.com.SOURCE Fort Point Capital