Bridge Growth Partners has acquired a majority interest in Solace Systems, a provider of infrastructure messaging technology. Solace technology efficiently moves mission critical, real-time data across and between businesses and global ecosystems.
Solace products, which are deployed in many global organizations across a wide range of industries, including financial services, telecommunications and manufacturing, enable enterprises to fully leverage the power of cloud computing, Big Data, the Internet of Things, and mobile computing within their corporate technology infrastructure.
“We are very pleased to partner with Bridge Growth Partners and are excited that they share our vision and commitment to putting customers first,” says Craig Betts, Founder, President and Chief Executive Officer of Solace Systems. “The Bridge Growth team’s resources and experience building technology businesses will help Solace Systems accelerate its global expansion.”
“We look forward to partnering with Craig Betts and his experienced, driven management team in pursuing and achieving an exciting new phase of opportunity and growth for Solace Systems,” says Tom Manley, Senior Principal of Bridge Growth Partners. “Together, we will focus on helping Solace accelerate growth by further investing in its go to market strategies, building a rich ecosystem with leading alliance partners, and leveraging the company’s proven and innovative technology. We believe Solace is well positioned to capitalize on the growing demands being placed on technology infrastructure, driven by rapid movement to the cloud and the influx of Big Data and the Internet of Things.”
