Strata Information Group Acquires RHB

Ridgemont Equity Partners Acquires Strata Information Group; SIG Acquires BHA Technologies

January 22, 2025

IT Services

Ridgemont Equity Partners has led a majority investment in Strata Information Group (SIG), a San Diego-based provider of managed IT services to higher education, with Fort Point Capital noted as a selling/minority investor across releases. Immediately following the closing, SIG acquired BHA Technologies, an Ellucian-focused higher education services partner, to expand its Ellucian-related service capabilities.

Fort Point Capital Recapitalizes Strata Information Group

June 22, 2021

IT Services

Boston-based private equity firm Fort Point Capital completed a recapitalization of Strata Information Group (SIG), a San Diego-based provider of IT services to higher education institutions, in partnership with SIG's management team. Fort Point will support SIG's organic growth and pursue an add-on acquisition strategy; Huntington National Bank provided debt financing for the transaction.

Strata Information Group Acquires akaCRM

October 20, 2022

IT Services

Strata Information Group (a portfolio company of Fort Point Capital) has acquired akaCRM, a Salesforce top-tier partner that provides advisory, implementation and managed support services for Salesforce and Conga. The add-on strengthens SIG's CRM capabilities and expands its service offerings in the higher education, K-12 and nonprofit markets.

Strata Information Group Acquires Triaxiom Security

August 8, 2023

Cybersecurity

Strata Information Group (SIG), a portfolio company of Fort Point Capital, has acquired Triaxiom Security, a Charlotte-based cybersecurity firm specializing in penetration testing, compliance auditing and strategic security services. The deal will establish a dedicated SIG Cyber practice focused on meeting the cybersecurity needs of colleges and universities and expand SIG's service offering for its higher education client base.

The Halifax Group Acquires StrataTech Education Group

June 18, 2019

Education

The Halifax Group completed a majority investment in StrataTech Education Group, a Phoenix-based operator of post-secondary vocational schools focused on welding and HVACR training. Five Points Capital provided a unitranche debt facility to support the acquisition; StrataTech operates multiple campuses and serves roughly 3,200 students across its Tulsa Welding School and The Refrigeration School brands.

SBI Acquires Sales Readiness Group

July 10, 2023

Consulting

SBI, a go-to-market growth advisory, has acquired Sales Readiness Group (SRG), a sales training firm founded in 2008. The purchase adds customized, skills-based sales training and e-learning capabilities to SBI's consulting and commercial talent productivity offerings.