April 18, 2016
Solace products enable enterprises to fully leverage the power of cloud computing, Big Data, the Internet of Things and mobile computing.
On April 6, Willkie client Bridge Growth Partners, LLC announced that it acquired a majority interest in Solace Systems, Inc., an innovative and leading provider of infrastructure messaging technology based in Ottawa, Canada.
Solace technology efficiently moves mission-critical, real-time data across and between businesses and global ecosystems. Solace products, which are deployed in many global organizations across a wide range of industries, including financial services, telecommunications and manufacturing, enable enterprises to fully leverage the power of cloud computing, Big Data, the Internet of Things and mobile computing within their corporate technology infrastructure.
Bridge Growth Partners is a uniquely structured growth-oriented private equity firm that focuses on investments in the technology and technology-enabled financial services sectors. Willkie also represented Bridge Growth Partners in its acquisition of CRGT Inc., announced last November, and the merger of CRGT Inc. with Salient Federal Solutions, Inc., announced last August.
The multidisciplinary Willkie deal team was led by partner Adam Turteltaub and included partners Jeffrey Goldfarb, Phillip Isom, Michael Katz and Christopher Peters; associates Howard Block, Adam Remo, Isabel Araujo, Amir Ghavi, Meredith Levy and Kyung (Kevin) Kim; and law clerks Aaron Savella and Preeta Reddy.
