Bridge Growth Partners Appoints Eric Friedberg and Patrick Ostiguy as Senior Advisors

NEW YORK--(BUSINESS WIRE)--Bridge Growth Partners, LLC, a leading technology investment firm, today announced that it has appointed Eric Friedberg and Patrick Ostiguy as Senior Advisors. Mr. Friedberg and Mr. Ostiguy are both seasoned executives who will bring deep experience scaling technology and cybersecurity businesses to support Bridge Growth's portfolio companies.

Alok Singh, CEO of Bridge Growth Partners, said, “Eric and Patrick are tremendous additions to our team of Senior Advisors, each bringing decades of experience successfully driving the growth of leading businesses domestically and around the world. Eric started one of the world's foremost cybersecurity firms from the ground up and has advised countless major corporations and their boards on cyber risk assessment and mitigation. Patrick is an innovator, entrepreneur and business-builder who spearheaded the incredible growth and transformation of our prior portfolio company Accedian. We are thrilled to have them on our team as we continue to drive lasting value for our portfolio companies.”

“Bridge Growth has built a strong and enduring technology investment platform, and I’m very pleased to help identify new opportunities and support the firm’s portfolio companies as they navigate today’s increasingly complex business, geopolitical and regulatory landscape,” said Mr. Friedberg.

“Having had the pleasure of partnering with Bridge Growth during its ownership of Accedian, I saw firsthand the firm’s commitment to and success in helping companies achieve their full potential for the benefit of all stakeholders,” said Mr. Ostiguy. “It’s an honor to join the team at Bridge Growth as they continue to expand and strengthen their portfolio.”

About Eric Friedberg

With over 40 years of experience in cybersecurity, corporate governance, M&A, law, sales, IT, privacy and compliance, Mr. Friedberg has advised and directed the security responses for hundreds of high-profile companies and cyber incidents, including attacks by state-sponsored agents, organized crime, hacktivists and malicious insiders.

Mr. Friedberg currently serves as President and Founder of Next Tier Cybersecurity, a consultancy that helps Boards and C-Suites advance and oversee their cyber maturity and security. Prior to founding Next Tier Cybersecurity, he co-founded and served as Co-President of Stroz Friedberg (Stroz). During his tenure, Mr. Friedberg grew Stroz from a two-person boutique to a 550-person, category-leading cybersecurity consultancy and technical services firm with annual revenues of over $130 million through acquisitions and organic growth, eventually selling it to Aon PLC in 2016. Previously, Mr. Friedberg was the Lead Federal Computer Crimes Prosecutor and Narcotics Chief in the U.S. Attorney’s Office in Brooklyn. Before his 11-year career as a prosecutor, Mr. Friedberg was an intellectual property and securities litigator at Skadden.

He has lectured and published articles on digital forensics, incident response and electronic discovery matters, and has testified as an expert in these areas. Mr. Friedberg has been a member of the New York State Cyber Advisory Board, Sedona Conference’s Working Group 6, the International Association of Privacy Professionals and the advisory board of The Future of Privacy Forum.

About Patrick Ostiguy

Mr. Ostiguy is the Founder of Accedian, a leading provider of highly accurate network performance monitoring and assurance solutions and prior portfolio company of Bridge Growth. Founded in 2004, Mr. Ostiguy built Accedian into an organization of 275+ people generating $78 million of revenue per year, 40 patents and monitoring network performance at 300+ telecom carriers in 63 countries. He led two transformative acquisitions in Sweden and France, as well as the 2017 acquisition by Bridge Growth Partners, before handing over the CEO role and becoming Executive Chairman in early 2019. Accedian was later acquired by Cisco.

Before founding Accedian, Mr. Ostiguy co-founded Avantas and launched the first portable Ethernet telecom test-set. Avantas was acquired by EXFO in 2022. Prior to this, Mr. Ostiguy was part of the initial Positron Fiber Systems’ (PFS) team commercializing the first Ethernet Multi-Service Provisioning Platform. PFS was acquired by Reltec in 1998.

With more than 25 years in the telecom industry, Mr. Ostiguy has won numerous awards including the Mobile World Congress Glomo Award, Light Reading's Leading Light and Ernst & Young’s Entrepreneur of the Year.

About Bridge Growth Partners

Bridge Growth Partners, LLC is a private equity firm that targets investments in the technology and technology-enabled services sectors. Bridge Growth Partners brings together in one team premier investment, financial, strategic, and operating business building talent. The firm is committed to relationship-based investing, with a focus on supporting growth, operational excellence and world-class governance at its portfolio companies to create value for investors. For more information about Bridge Growth Partners, please visit https://www.bridgegrowthpartners.com/.