Alsbridge Receives Investment from LLR Partners to Fuel Growth
Alsbridge, the global leader in data-driven benchmarking, outsourcing consulting and network advisory services for CIOs, announced today that it has received an investment from private equity firm LLR Partners. The financing will be used to support Alsbridge's continued growth plan, propelled recently by its acquisition of Telwares, a leading consulting firm that provides network optimization and transformation services to clients worldwide.
"Our partnership with LLR introduces new relationships, capital and strategic guidance to support our vision. It provides Alsbridge the flexibility to quickly take advantage of additional acquisition opportunities and reshape the benchmarking, outsourcing consulting and network advisory landscape as we continue to grow," said Ben Trowbridge, founder, Chairman and CEO of Alsbridge Inc.
Leveraging a database of more than 300,000 data points and market intelligence garnered from thousands of sourcing transactions, Alsbridge provides clients with transparency on pricing and performance. Many of the world's largest companies turn to Alsbridge to help them generate significant cost savings and make more informed IT and telecom purchasing decisions.
For more information on Alsbridge and LLR Partners' investment click here.