-

Bridge Growth Partners Completes Sale of Syniti to Capgemini

NEW YORK--(BUSINESS WIRE)--Bridge Growth Partners, LLC, a leading technology investment firm, today announced the completion of its previously announced sale of Syniti (formerly known as BackOffice Associates), a global leader in enterprise data management, to Capgemini. Financial terms of the transaction were not disclosed. The sale of Syniti to Capgemini represents Bridge Growth’s fourth full cash exit over the past three years in a strategic transaction.

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/.

About Syniti

Syniti solves the world’s most complex data challenges by uniquely combining intelligent software and vast data expertise to yield certain and superior business outcomes. For over 15 years, Syniti has partnered with the Fortune 2000 to unlock valuable insights that ignite growth, reduce risk and increase their competitive advantage. Syniti’s silo-free enterprise data management platform supports data migration, data quality, data replication, master data management, analytics, data governance and data strategy in a single, unified solution. Syniti is a portfolio company of private equity firm Bridge Growth Partners LLC. Read more at www.Syniti.com.

Contacts

For Bridge Growth Partners:
FGS Global
Kevin Siegel / Serena Bingham
Kevin.Siegel@fgsglobal.com / Serena.Bingham@fgsglobal.com

Bridge Growth Partners, LLC


Release Versions

Contacts

For Bridge Growth Partners:
FGS Global
Kevin Siegel / Serena Bingham
Kevin.Siegel@fgsglobal.com / Serena.Bingham@fgsglobal.com

More News From Bridge Growth Partners, LLC

Bridge Growth Partners Adds Tech Industry Leaders Raghu Ramanathan and Zane Rowe

NEW YORK--(BUSINESS WIRE)--Bridge Growth Partners, LLC, a leading technology investment firm, today announced the addition of Ragunath (Raghu) Ramanathan as Executive Partner and Zane Rowe as Senior Advisor. Both executives bring extensive experience scaling global technology businesses and longstanding relationships with the Bridge Growth team. Mr. Ramanathan previously served on the board of prior Bridge Growth company Syniti, a global leader in enterprise data management acquired by Capgemin...

Bridge Growth Partners Raises a US$790 Million (C$1.1 Billion) Continuation Vehicle for Solace Led by Apogem Capital, Golub Capital, HSBC Asset Management, and Schroders Capital

NEW YORK--(BUSINESS WIRE)--Bridge Growth Partners, LLC, a leading technology investment firm, announced today the successful closing of a single-asset continuation vehicle with US$790 million (C$1.1 billion) in commitments for Solace (“Solace” or the “Company”), the real-time data and agentic AI platform purpose-built for the enterprise AI era. The transaction was co-led by Apogem Capital, Golub Capital, HSBC Asset Management, and Schroders Capital, with participation from Bridge Growth Partner...

Bridge Growth Partners Appoints Howard Elias as Senior Advisor

NEW YORK--(BUSINESS WIRE)--Bridge Growth Partners, LLC, a leading technology investment firm, today announced that it has appointed Howard Elias as a Senior Advisor. With his leadership experience in the global technology sector, including most recently serving as the Chief Customer Officer and President of Services and Digital at Dell Technologies and previously as the President and Chief Operating Officer of both Global Enterprise Services and Information Infrastructure and Cloud Services at...
Back to Newsroom