Bridge Growth Partners Completes Sale of Syniti to Capgemini

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NEW YORK--(BUSINESS WIRE)--Dec 3, 2024--

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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20241203978261/en/

CONTACT: For Bridge Growth Partners:

FGS Global

Kevin Siegel / Serena Bingham

[email protected]/[email protected]

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: FINANCE DATA MANAGEMENT PROFESSIONAL SERVICES TECHNOLOGY SOFTWARE

SOURCE: Bridge Growth Partners, LLC

Copyright Business Wire 2024.

PUB: 12/03/2024 12:01 PM/DISC: 12/03/2024 12:02 PM

http://www.businesswire.com/news/home/20241203978261/en